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The Connected Cross-Chain Future I Kevin Neilson of Moonbeam at Blockchain Futurist Conference 2022
"Explore the connected cross-chain future with Kevin Neilson of Moonbeam at Blockchain Futurist Conference 2022, and learn how Axlr, Polkadot, and XCM enable seamless communication and interaction between different blockchains and dApps."
- A connected cross-chain future is enabled by Axlr and its general message passing capabilities, allowing for seamless communication between different blockchains.
- Polkadot’s architecture enables this multi-chain vision, with a layer 0 called Polkadot and a relay chain that secures the network.
- XCM (Cross Consensus Messaging) is a way to enable general message passing between chains, and is currently used exclusively by Polkadot.
- Moonbeam is a layer 1 blockchain on Polkadot, allowing for Ethereum-compatible dApps and seamless interaction with other chains.
- Lido staking product allows for staking of DOT, and has a staked ETH product that can be used for remote staking and borrowing.
- With Axlr, developers can send messages between chains, enabling cross-chain communication and functionality.
- Polkadot’s relay chain decides which messages to forward, allowing for efficient communication between chains.
- XCM is forwards and backwards compatible, making it easy to integrate into applications.
- The future is multi-chain, with many different chains and blockchains coexisting and interacting with each other.
- Moonbeam is a hub for connecting different blockchains and dApps, allowing for seamless interaction and communication between different chains.