Difference between revisions of "Interlay"
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*From this bridge [https://medium.com/momentum6/cross-chain-bridges-explored-929e6b68dcd1 blog] (21-4-2022): | *From this bridge [https://medium.com/momentum6/cross-chain-bridges-explored-929e6b68dcd1 blog] (21-4-2022): | ||
''"Interlay launched Kintsugi, the first [[trustless]] [[Bitcoin (BTC)|Bitcoin]] [[bridge]] on [[Polkadot (DOT)|Kusama]], Polkadot’s canary network. Polkadot will have its own very soon. Interlay’s [[wrapped]] [[Bitcoin]] ($kBTC) is very similar to Maker’s $[[DAI]]. It’s algorithmically pegged to $BTC and secured by a [[decentralized]] network of vaults, a multi-collateral system, and [[cross-chain]] cryptography. This familiar collateral-backed [[vault]] leverages Polkadot’s shared security model and [[Bitcoin’s]] classic security model."'' | ''"Interlay launched Kintsugi, the first [[trustless]] [[Bitcoin (BTC)|Bitcoin]] [[bridge]] on [[Polkadot (DOT)|Kusama]], Polkadot’s canary network. Polkadot will have its own very soon. Interlay’s [[wrapped]] [[Bitcoin]] ($kBTC) is very similar to Maker’s $[[DAI]]. It’s algorithmically pegged to $BTC and secured by a [[decentralized]] network of vaults, a multi-collateral system, and [[cross-chain]] cryptography. This familiar collateral-backed [[vault]] leverages Polkadot’s shared security model and [[Bitcoin’s]] classic security model."'' | ||
== Oracle Method == | |||
* [[DIA (DIA)|DIA]] has a [https://medium.com/dia-insights/partnership-with-interlay-7364b541ac8e partnership] with Interlay to build transparent, collateral-proofed price [[Oracle|oracles]] for iBTC and kBTC (15-2-2023). | |||
== Team, Funding, Partners == | == Team, Funding, Partners == | ||
* [https://medium.com/interlay/interlay-joins-the-multichain-asset-managers-association-mama-514f5a8c26f8 Joined] [[Multichain Asset Managers Association (MAMA)|MAMA]] (27-10-2020). | * Alexei Zamyatin, co-founder | ||
*[https://medium.com/interlay/interlay-joins-the-multichain-asset-managers-association-mama-514f5a8c26f8 Joined] [[Multichain Asset Managers Association (MAMA)|MAMA]] (27-10-2020). | |||
*[https://medium.com/acalanetwork/on-chain-polkadot-alliance-formed-to-recognize-ecosystem-contributors-and-establish-community-480d83eab136 Founding member] of the Polkadot Alliance (29-11-2022), which, interestingly enough, does not include Polkadot itself. | |||
[[Category:Companies/Organisations]] | [[Category:Companies/Organisations]] | ||
Latest revision as of 04:37, 20 February 2023
Basics
Projects
Kintsugi
"Interlay launched Kintsugi, the first trustless Bitcoin bridge on Kusama, Polkadot’s canary network. Polkadot will have its own very soon. Interlay’s wrapped Bitcoin ($kBTC) is very similar to Maker’s $DAI. It’s algorithmically pegged to $BTC and secured by a decentralized network of vaults, a multi-collateral system, and cross-chain cryptography. This familiar collateral-backed vault leverages Polkadot’s shared security model and Bitcoin’s classic security model."
Oracle Method
- DIA has a partnership with Interlay to build transparent, collateral-proofed price oracles for iBTC and kBTC (15-2-2023).
Team, Funding, Partners
- Alexei Zamyatin, co-founder
- Joined MAMA (27-10-2020).
- Founding member of the Polkadot Alliance (29-11-2022), which, interestingly enough, does not include Polkadot itself.
