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VideoYouTubeStellar Development FoundationNovember 1, 20232y ago26:17

Soroban + Axelar: How to Deliver Secure Cross-Chain Communication for Web3 | Meridian 2023

Ed from Axelar demonstrates secure cross-chain communication tools, including deposit addresses, interchain tokens, and contract messaging. Axelar supports 49 chains and enables decentralized governance across multiple blockchains through its permissionless validator network.

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Ed, head of engineering at Axelar, presents the platform's cross-chain infrastructure capabilities. Axelar operates as a decentralized network with 75 validators using proof-of-stake consensus to validate cross-chain transactions. The platform supports 49 chains and has processed billions in cross-chain volume. Key features demonstrated include deposit addresses for seamless token transfers, interchain tokens with shared supply across chains, and contract messaging for arbitrary data passing. Axelar enables use cases like interchain governance, allowing DAOs like Uniswap to replicate voting decisions across all deployed chains. The platform offers simple SDKs and methods requiring minimal code, with gas prepayment in any token. Express transactions process optimistically in seconds, while full finality takes longer. Axelar plans to support non-EVM chains like Soroban upon mainnet release.

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AxelarInfrastructure & Services
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Axelar is a decentralized interoperability network that connects multiple blockchains, enabling seamless cross-chain communicati…

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