This article is a transcript for the IBC chain reaction #2. It was a live video session to give updates on the development process of IBC and Cosmos Hub. You can find the video link here: https://www.youtube.com/watch?v=ZChn6E8Nz_s
If you miss the previous session, you can find the transcript for Chain Reaction #1 here
P.S: This is the literal transcription of the conversation, we are looking forward to making it more sensible and summarized for coming videos.
Zaki Manian (Head of Research at Tendermint), Jack Zampolin (Dir. Product at Tendermint), Michelle Leech (PR and developer marketing at Cosmos)
Michelle: So we are back for the second chain reaction. This time we have Zaki and Jack. Basically this time I think we are gonna give updates on the development process of IBC and cosmos hub but maybe we get started since next week in San Francisco blockchain week and the DeFi hackathon. What are you anticipating that we will have ready, what are you anticipating seeing in the DeFi hackathon, what are your thoughts? …
This article is a transcript for the IBC chain reaction #1. It was a zoom video session about the updates on the status and journey of IBC, the ecosystem and development pipeline for the next few months. You can find the video link here:https://youtu.be/pWsy0BD3DnY
We think it’s very important let people know the details and history of IBC and we’ll be providing transcripts on our blog for future Chain Reaction videos.
Zaki Manian (Head of Research at Tendermint), Dean Tribble (CEO at Agoric), Michelle Leech (PR and developer marketing at Cosmos)
Leech : We got Zaki from devcon and Dean from SF. We’re doing the first chain Reaction, basically the first IBC update for the community. We’ll keep going hopefully for next couple of weeks. …
Ethereum was created by introducing a turing complete language to build decentralized applications and thereby solve issues of bitcoin like value blindedness and lack of state. It made building dApps easier and one of the reasons for blockchain getting popular among masses but it couldn’t completely fulfill the needs of few rapidly developing projects .As we can observe that most of the successful blockchain projects work on their custom chains.
The following can be underlined as the main reasons for projects to look for an alternative of ethereum.