Introducing Catalyst mainnet and the intents based interop landscape
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A problem we’ve been fiddling with in the interoperability landscape is this idea behind achieving maximum extensibility with regards to the creation of hundreds of new chains.
We know that if there’s going to be an overwhelming amount of chains, we need solutions that are permissionless and easy to spin up on new chains.
For today’s podcast, we sat down with Catalyst CTO Alexander, to discuss this situation and more. We talked about the concept of the unit of liquidity, which enables asynchronous asset swaps between different pools on different chains. We went on to discuss the best way to tackle the N-squared problem in which traditional cross-chain solutions require each chain to know the state of every other chain.
We went on to talk about the idea of logic-dependent swaps, which allow for condition-based transactions. These swaps can be set to execute only if specific conditions are met, opening up novel use cases for onchain users.
Catalyst is already live on the mainnet with three OP stack chains: Blast, OP, and Base, with plans to extend to more ecosystems over time.
As the cross-chain landscape continues to evolve, with more app-specific chains emerging, Catalyst is aiming to solve this extensibility dilemma to address the challenges of scaling horizontally, in an interoperable way.
Hope you enjoy!
The Rollup