Episode 319
Jon Kol and Asa Oines (Abacus) on the Third Era of Interoperability (EP.319)
On The Brink with Castle Island · Castle Island Ventures
May 16, 20221h 5m
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Show Notes
Jon Kol and Asa Oines, cofounders of Abacus join the show to talk about the state of the art in cross chain interoperability. In this episode:
- Career trajectories and why Jon and Asa decided to start Abacus
- The three eras of interoperability
- Asset interoperability vs app based interoperability
- Why asset interoperability might just be a transitional phase
- Why asset interoperability is more about the creation of derivatives than true portability
- Application parallelization or duplication versus native cross chain applications
- Why duplicating applications across chain is inefficient
- The advantages of building natively cross chain for developers
- How blockchains can be made to communicate with each other
- Key assumptions you need to rely on to trust that Abacus will work
- How Abacus is distinguished from other interoperability protocols
- Why speed matters in cross chain
- How Abacus differs from Layer0 and Axelar
- Which blockchains Abacus is linking together
Learn more about Abacus