Wormhole is a decentralized cross chain messaging protocol powering the transfer of value and information across high value chains. A network of Guardian nodes secure the protocol by observing and attesting to events and data on its connected chains. These attestations are gossiped around the open Wormhole peer-to-peer network, allowing anyone connected to the network to observe the flow of information. Portal is a bridging app built on top of Wormhole where users can seamlessly bridge tokens and NFTs across supported chains and easily enter the network’s ecosystem.

We were joined by Dev Bharel, Developer Relations for Wormhole. He gave us great insight into how the protocol works, security assumptions and incidents, the concept of generalized messaging passaging, and the Portal Bridge as a first adopter of the Wormhole protocol. We also chatted about what else is being built on Wormhole, and how you can get involved.

Topics covered in this episode:

Dev's background and how he got into crypto
An overview of Wormhole
The different network ecosystems in Wormhole and challenges with adding new networks
The Wormhole guardian network and its plans for expansion
The user experience on Portal Bridge
Relayers on the network
Using Wormhole bridge assets directly with non-native tokens
The Wormhole hack and the changes that have been made
Using zero knowledge proof on bridges

Episode links:

Sponsors:

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This episode is hosted by Felix Lutsch. Show notes and listening options: epicenter.tv/468

System Matters Smalltalk #27 – Mai 2019