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Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Avril Dutheil: Neutron – Interchain Smart Contracts on Cosmos

14 Jul 2023

Description

Blockchains are secured through the economic incentives offered to their validators/miners. The more robust the network effect among validators, the more difficult it is for that blockchain to be compromised. However, building a truly decentralised and reliable validator set is not a trivial task. As a result, hub and spoke ecosystem designs like Cosmos’ (and even Polkadot’s), aim to share the main hub’s validator set and security to their ‘consumer’ chains (parachains in Polkadot’s case). Neutron relies on interchain queries, interchain accounts and interchain (replicated) security to deliver the most secure CosmWasm smart contract platform in the Cosmos ecosystem. We were joined by Avril Dutheil, GM at Neutron, to discuss Neutron’s smart contract platform and how it leverages replicated security (ICS) and interchain accounts (ICA).Topics covered in this episode:Avril’s background and the value prop behind NeutronPractical examplesInterchain accounts and different use casesInterchain securityAtom hub vs. Polkadot relay chain. Onboarding and security modelsOffboarding Cosmos consumer chainsReplicated security vs. Modular blockchainsNeutron’s token utility and governanceEpisode links: Avril DutheilNeutron on TwitterThis episode is hosted by Felix Lutsch & Meher Roy. Show notes and listening options: epicenter.tv/504

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