"Layer 2s and AppChains Will Converge" : Aurora Labs CEO Alex Shevchenko
Oct 10, 2023
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Alex Shevchenko, CEO of Aurora Labs, discusses the intricacies of Aurora Labs, the difference between Aurora Cloud and the Aurora EVM, and his vision of Ethereum Layer 2s and an AppChain future. Topics also include interoperability, Aurora EVM in the gaming industry, bringing Web 2 businesses into blockchain, and the importance of user experience in driving adoption.
Aurora Labs is developing the Aurora Cloud, a decentralized alternative to AWS for businesses to launch their own customized fork of the Aurora ecosystem.
According to Alex, app chains and Layer 2 solutions will converge, with the focus on launching multiple EVMs for scaling rather than debating L2s versus app chains.
Deep dives
Overview of Aurora Labs and its Products
Aurora Labs, led by CEO Alex Shabchenko, is a company developing core products for the Aurora ecosystem. They focus on the EVM solution that works on top of NIR and are also developers and maintainers of the Rainbow Bridge, a trustless and permissionless bridge between Ethereum and NIR blockchains. Additionally, they are working on Aurora Cloud, a solution that simplifies blockchain onboarding for businesses. Aurora Cloud allows businesses to launch their own fork of Aurora with customized rules and features. It can be thought of as a decentralized alternative to AWS.
The Difference Between Aurora and Aurora Cloud
Aurora is an EVM-compatible network on top of NIR, acting as a compatibility layer for Ethereum's smart contracts and enabling scalability. It is a permissionless network settled on NIR blockchain. On the other hand, Aurora Cloud is a scaled effort of Aurora, allowing businesses to launch their own fork of Aurora and customize it according to their needs. They can set their own rules, limit access to specific individuals, and customize fees and other parameters. Aurora Cloud offers more flexibility for businesses in adopting blockchain technology.
Motivation Behind Starting Aurora Labs
Aurora Labs was started by Iliya, the founder of the NIR protocol. Alex joined the team in 2020 with a focus on Ethereum-related products. They saw an opportunity to spin out from the NIR organization to align with blockchain values of decentralization and resistance to central points of attack. By operating as an independent entity, they believed they could move faster and deliver more efficiently. Since then, Aurora has become one of the core projects on the NIR blockchain.
The Excitement for App Chains and Interoperability
There is a growing buzz around app chains and Layer 2 solutions. Alex believes that these two concepts will converge over time and work towards the same goal. The focus should be on launching multiple EVMs to scale the industry rather than debating L2s versus app chains. The key is interoperability between chains to provide a seamless experience for users and avoid market fragmentation. Aurora, with its compatibility and interoperability features, is well-positioned to contribute to the future of scaling Ethereum.
Alex Shevchenko is the CEO of Aurora Labs, which is a Layer 2 scaling solution built on Near. Alex has a doctoral degree in math and physics.
Today, we get into the details behind Aurora Labs, the difference between Aurora Cloud and the Aurora EVM, how they have survived the market crash, Alex's vision of Ethereum Layer 2s, his conviction in an AppChain future, and so much more.
We begin our conversation with Alex's focus at Aurora Labs.
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