Succinct Labs <> vVv Deep Dive
04/26/23 • 52 min
In todays vVv deep dive we are pleased to welcome Uma Roy, Founder and CEO of Succinct Labs. Todays Deep Dive is hosted by Andy - vVv's CRO.
Succinct Labs mission is to build a decentralized, permissionless, and open-source interoperability layer for Ethereum and other platforms.
Their focus is on providing a better trust minimized bridge architecture, based on their novel "Proof of consensus" via Z.K. Snarks.
The bridge security is based on verification of consensus by light clients of a source chain and the execution layer of a target chain.
Succinct uses the "Sync Committee" which is a random subset of 512 Ethereum validators that rotates every 27 hours.
This offers slightly less security but is good enough for a light client to verify the consensus of the chain.
Hosted on Acast. See acast.com/privacy for more information.
In todays vVv deep dive we are pleased to welcome Uma Roy, Founder and CEO of Succinct Labs. Todays Deep Dive is hosted by Andy - vVv's CRO.
Succinct Labs mission is to build a decentralized, permissionless, and open-source interoperability layer for Ethereum and other platforms.
Their focus is on providing a better trust minimized bridge architecture, based on their novel "Proof of consensus" via Z.K. Snarks.
The bridge security is based on verification of consensus by light clients of a source chain and the execution layer of a target chain.
Succinct uses the "Sync Committee" which is a random subset of 512 Ethereum validators that rotates every 27 hours.
This offers slightly less security but is good enough for a light client to verify the consensus of the chain.
Hosted on Acast. See acast.com/privacy for more information.
Previous Episode
Strangelove <> vVv Deep Dive
or todays vVv Deep Dive we are joined by Tyler Schmidt - Co-Founder of Strangelove and Andy, vVv's CRO.
Strange love is a software company with an investment arm called Strangelove ventures. Their USP is building solutions on the cosmos chain while sharing their expertise in different areas to support their investments and new projects launching on cosmos.
Among the services they offer are an IBC Relayer - which makes the transfer of data between IBC compatible blockchains possible - and "Lens" a command line tool to interact with any cosmos chain.
Hosted on Acast. See acast.com/privacy for more information.
Next Episode
Li.Fi Protocol <> vVv Deep Dive
Today we are joined by Phillip Zentner, CEO of Li.Fi Protocol.
Li.Fi is a bridge and DEX aggregation protocol, which enables DeFi Dapps or marketplaces to offer a user-friendly interface for bridging and swapping assets with minimal effort. Users can view the expected cost, estimated duration, and final amount received for each bridge. The entire process can be completed in a single transaction, providing a streamlined experience for the user.
Hosted on Acast. See acast.com/privacy for more information.
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