Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies Arjun Bhuptani: Connext – Speeding Up Secure Bridges Between Chains
Connext is a crosschain liquidity network that speeds up fully-noncustodial transfers between EVM-compatible crosschains (xapps) and L2 systems. Connext works in tandem with nomad bridge technology, enabling fast transfer of value between blockchains and interchain DeFi protocols. Their goal is to create a world where users never need to know what chain or rollup they're on, and developers can build applications that utilize resources from many chains/rollups simultaneously.
We were joined by Connext founder Arjun Bhuptani to chat about bridge technology in general, Connext's pivot from state channels to bridges, their recent partnership with Nomad, and what is coming next.
Topics covered in this episode:
- Arjun's background and how he got into the space
- Arjun's involvement with the Moloch DAO
- What is Connext?
- The history of interoperability
- Connext and the bridges they utilize
- Connext's partnership with Nomad
- Bridge hacks
- Finality and rollbacks - dealing with reorgs and probabilistic finality
- What is Connext's capital efficiency model
Episode links:
Sponsors:
- Tally Ho: Tally Ho is a new wallet for Web3 and DeFi that sees the wallet as a public good. Think of it like a community-owned alternative to MetaMask. - https://epicenter.rocks/tallycash
- Chorus One: Chorus One runs validators on cutting edge Proof of Stake networks such as Cosmos, Solana, Celo, Polkadot and Oasis. - https://epicenter.rocks/chorusone
- ParaSwap: ParaSwap aggregates all major DEXs and makes sure you beat the market price at every single swap and with the lowest slippage - paraswap.io/epicenter
This episode is hosted by Friederike Ernst. Show notes and listening options: epicenter.tv/447