Hotbit AMA HOTBIT Polkadot 5th🎉How to Build the Web 3.0 Future Internet of Blockchains?

AMA content review

……………………………………………………………………………….

💗Host:Daisy Lee

💗Guest:Bree Yin, Darwinia Network CMO

Daisy Lee: Hello, everyone, Let’s welcome Bree Yin, Darwinia Network CMO to introduce [How to Build the Web 3.0 Future Internet of Blockchains?] to us in AMA. Could you introduce yourself to our community firstly?

Bree Yin: Thank you for having me. This is Bree and I’m the CMO of Darwinia.

Daisy Lee: Can you briefly describe what is Darwinia?

Bree Yin: Darwinia Network is a cross-chain bridge network that builds on Substrate. It is the Golden Gate Bridge of the cross-chain ecology. It provides the safest general bridge solution, connecting Polkadot, Ethereum, TRON,BSC and other heterogeneous chains. Its main application areas include Defi, cross-chain NFT trading market, games, etc.

Darwinia bridge solution integrates technologies, including super-light client, zero-knowledge, and optimistic verification mechanisms.Darwinia bridge distinguishes from other bridges in terms of quality and how decentralized the bridge is, could carry high-value cross-chain asset transmission.Darwinia was also included in the Cointelegraph research report as critical cross-chain infrastructure.

Darwinia Mainnet Transfer is now live!

After the successful launch of the bidirectional Darwinia <-> Ethereum bridge, Darwinia Mainnet progressive launch has come to the final the 4th milestone stage: Darwinia Mainnet Transfer open.

Daisy Lee: What role does Darwinia play in the Polkadot ecosystem?

Bree Yin: Darwinia connects Polkadot and other public chains. As the “Golden Gate Bridge’’ for the cross-chain networks, Darwinia provides the safest heterogeneous cross-chain solution without middlemen, making the cross-chain asset transfer safer, cheaper, and more frictionless.

Darwinia also bridges other Polkadot ecosystem parachains cross-chain interoperability to achieve more broad asset circulation. They are also able to focus more on their business applications but not building repeated direct bridges on their own. Darwinia serves as the bridge center in the Polkadot ecosystem.

In 2021, Darwinia has been ready for the ROCOCO v1 parachain test and will go for the Kusama and Polkadot parachain auction.

https://twitter.com/DarwiniaNetwork/status/1352605756026187778?s=20

Recently, Polkadot founder also interacted with Darwinia on twitter.

https://twitter.com/DarwiniaNetwork/status/1356540622501384193?s=20

Recently we have been working with many Polkadot projects.

Darwinia bridge is hornored to be the first choice of achieving cross-chain interoperability with Ethereum for polkadot projects!

Daisy Lee: Users are very excited about Polkadot projects this year, so what makes Darwinia different from other bridge projects? @Bree_Darwinia

Bree Yin: On every blockchain, Bitcoin and Ethereum, the trustless feature has been inherent to the transaction.

But when it comes to cross-chain, everything seems to go back to the start point. So many cross-chain pioneers like us, having been researching and creating, with unwavering passion to disintermediate many of the middlemen, many of the institutions and authorities, removing the need for that much of the trust.

But how much trust have we removed?

For example, when you transfer 100 RING from Darwinia to ethereum.

First, you have to lock your RING on Darwinia and mint the same amount of mapped RING on eth.

When you redeem your tokens from ethereum to Darwinia, locked RINGs on Darwinia have to be unlocked, mapped RINGs on Ethereum have to be burnt

Major challenges:

In general, we are facing 2 major challenges:

1.How to verify cross-chain transactions in a trustless way?

2.How to control the lock and unlock operations of assets in a trustless way?

Only make breakthroughs in these 2 challenges, can we possibly turn the current blockchain patchwork into a real Web3 future Internet of tokens.

In general, we are facing 2 major challenges:

1.who is verifying your cross-chain transactions in a trustless way?

2.who is controlling the lock and unlock operations of assets in a trustless way?

Would you like it to be a bunch of middlemen? or a completely trustless and decentralized way?

Of course the second one.

But for the mainstream cross-chain solutions, still the custodian federation are involved, much trust is needed.

Less Trust, More Truth. Our tech innovation upgraded the classic chain relay solution. Classic chain relay requires relaying each and every block, which is not economically feasible.

Darwinia ChainRelay is a super light client, it integrates cryptography technology MMR to make sure each confirmed block header is aware of the history chain state.

It also implements an internal optimistic verification game process to identify the longest chain. It supports relay on demand which is triggered by a cross-chain transfer requester.

It’s economically feasible and completely trustless. With such an efficient chain relay, we are able to build two way decentralized bridges across turing completed blockchains.

Except all these above, another exciting advantage of Darwinia bridge chain is supporting cross-chain transfer of NFTs as well.

https://twitter.com/DarwiniaNetwork/status/1351106401649758212?s=20

Daisy Lee: What achievements did Darwinia make in 2020 and what’s your plan for 2021?

Bree Yin: Polkadot Founder Gavin highlighted Darwinia in Polkadot 2020 Roundup.

Dr.Gavin Wood: Many of these are active in the community and household names in our Element channels including including Acala, Phala, Crust and Darwinia and among others, contributing code, feedback and encouragement for the entire Polkadot community.

In 2020, Darwinia was written in Polkadot light-paper as one of the friends of Polkadot and Substrate.

Darwinia was also selected to join the Substrate Builder Program and Web3.0 Bootcamp.

Darwinia mainnet also launched in 2020.

Darwinia offers our smart contract solution Darwinia Virtual Machine, which is compatible with EVM, supporting Metamask, Remix and solidity.

Testnet Pangolin has been available:More detailed supporting documentation is available at https://docs.darwinia.network/docs/en/wiki-tut-dvm-recharge.

We also have won 3 W3F foundation grant.

https://darwinianetwork.medium.com/darwinia-highlight-2020-b6973f3fca2

More about Darwinia 2020, please refers to this blog post!

Daisy Lee: What has Darwinia been working on lately?

Bree Yin: 1.The Progressive Launch of Darwinia Mainnet has reached the third stage: the bi-directional “Darwinia-Ethereum Bridge.”

2. After the successful launch of the bidirectional Darwinia <-> Ethereum bridge, Darwinia Mainnet progressive launch has come to the final the 4th milestone stage: Darwinia Mainnet Transfer open.

3. Darwinia offers our smart contract solution Darwinia Virtual Machine, which is compatible with EVM, supporting Metamask, Remix and solidity.

Testnet Pangolin has been available:More detailed supporting documentation is available at https://docs.darwinia.network/docs/en/wiki-tut-dvm-recharge.

4. Darwinia ecosystem cross-chain game Evolution Land will launch the Defi+NFT mining system.

Daisy Lee: How is Darwinia going to work with Cere to flourish the Defi ecosystem? @Bree_Darwinia

Bree Yin: As part of this partnership, Darwinia will also join the SaaS-Defi alliance, which is set to establish universal protocol standards for the Enterprise DeFi space and improve communications between the enterprises and the DeFi ecosystem.

Darwinia will provide the bridge service to more defi projects in the alliance, supporting their asset circulation in more blockchain networkings, wire together walled blockchain networks to build the Web3.0 future blockchain networks.

Daisy Lee: If you want to know more about Darwinia Network or have more questions about Darwinia Network, please check:

Darwinia Network’s website and community links can be found here.

Official website:https://darwinia.network/

Twitter: https://twitter.com/DarwiniaNetwork

Telegram: https://t.me/darwinianetwork

Hotbit.io is one of the professional digital asset exchange platforms that provide trading services among major digital currencies like Bitcoin and Ethereum.