Sep 20, 2021
On the show today, we have Hendrik Hofstadt, director of digital assets at Jump Trading and core contributor to Wormhole. Wormhole is a simple, generic protocol that delivers a pathway for any kind of information—funds, votes, programs and more—from any blockchain in the network to any other. In short, Wormhole acts as a notary that allows message passing between networks. Recently, Wormhole announced they would launch version 2 of their network, which will go-live connecting four networks - Ethereum, Terra, Solana and Binance Smart Chain. Wormhole has a set of 19 validators known as guardians, which attest to finalised chain state in a p2p network that is verifiable. 19 guardians publish a signature if they see a finalised message being posted on a network and Wormhole network aggregates the signatures to produce verifiable action approvals to be consumed on other networks. In a way Wormhole acts as a light client itself on networks it connects to. This podcast is a deep-dive into one of the hottest networks of 2021, tune-in to hear all about the origin story, the intricacies of the network, how it can be used, what’s to come in the future and so much more.