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.