Ep. 371 Omar Zaki & Ahmad Wehbi | Extending IBC to Ethereum

BlockHash

On episode 371 of the BlockHash Podcast, Omar Zaki (CEO) and Ahmad Wehbi (COO) join Brandon Zemp to talk about Composable and how they are extending IBC Protocol to Ethereum. Composable serves as the foundational layer that links Layer 1 (L1) and Layer 2 (L2) solutions. They are expanding the Inter-Blockchain Communication (IBC) protocol to connect with additional ecosystems, pushing the limits of trust-minimized interoperability. Composable simplifies the cross-chain experience for users, providing a smooth and chain-agnostic execution of user actions. Composable is currently engaged in its most ambitious initiative to date. The project is expanding the capabilities of the IBC protocol to encompass Ethereum. The primary objective is to establish a secure and effortless link between Ethereum and the interconnected blockchain ecosystems of Polkadot and Cosmos. This undertaking is expected to significantly enhance the reach and functionality of IBC, offering numerous benefits to the various chains and stakeholders involved. These benefits encompass increased liquidity facilitated by the smooth movement of valuable assets such as DOT, ETH, and ATOM. It also involves the expansion of the user base through connections with prominent Ethereum protocols, paving the way for innovative cross-ecosystem financial products and services. These new offerings will be able to harness the assets native to different ecosystems, take advantage of the broader liquidity pool, and execute smart contracts securely and seamlessly to fulfill user intentions across these diverse platforms. ⏳ Timestamps: 0:00 | Introduction 1:02 | Who is Omar? Who is Ahmad? 4:42 | What is Composable? 8:08 | Composable competition 9:40 | Composable partnerships 11:18 | What is IBC Protocol? 16:08 | Bridges are not safe 17:35 | Why extend IBC Protocol to Ethereum? 19:02 | Benefits 20:24 | Interoperability between Cosmos, Polkadot and Ethereum 22:35 | IBC Protocol to Solana 24:58 | Conclusion 🎙 Composable on Social Media: 🔗 Website: https://www.composable.finance/ 🔗 X: https://twitter.com/ComposableFin 🔗 LinkedIn: https://www.linkedin.com/company/composable-finance 🔗 Medium: https://composablefi.medium.com/composable-is-extending-the-inter-blockchain-communication-ibc-protocol-to-ethereum-e5cc765af57e ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 📢 Disclaimer: None of our content constitutes, nor is intended to act as financial advice. It’s important to always do your own research and due diligence before making any investment decision. Digital Assets and Cryptocurrencies are highly volatile and carry a considerable amount of risk.