Exploring Centauri: Connecting the DOTs with Parachain Teams

Recorded: May 30, 2023 Duration: 0:39:40

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Hello sirs testing
Working fine, working fine, good morning everybody.
Good morning, good afternoon sirs. I think I just did the whole intro while I'm mute. So yeah, hello everyone. Thank you all for joining today. I'll be hosting this space is connecting the dots with Pirate in Teams.
For those of you joining in from the pendulum and far-lock communities, essentially this AMA is to go over a recent parlor launch that we have released at Composable, so Composable is sort of focused on building cross-shade
infrastructure across state messaging and one of our recent product launches Centauri is the transport layer that we are using to extend Polk.ernkisama to other ecosystems. So the first iteration of this is live connecting the
Picasso and composable parachains and as a result parachains on both relay chains will be able to connect to each other via IVC. Let's start with sort of getting an intro
from our joining team so Marvin is possible could you sort of go into your role at Fala and where Fala stands right now and what you're focused on in the space.
Thanks for having me. Hi, I'm a composable committee. This is Farantum. I'm the co-founder of the platform and I'm also the CEO for Hush Race, which is the Singapore
technology economy behind dollar and this is my real and being a polar ecosystem for I think three to four years. So in short description, it is decentralized and of chain computation.
structure. So we are providing a chain programming module which is called that contract that is running on follow to enable developers to make smart contracts even smarter. So yeah, so super tired by smart contracts.
a major mission from Falaant. Thank you. Thanks for that. I believe we're joined by Jonathan from the Pendulum team. Is it possible if you could also do the same and sort of discuss what Pendulum is at where
everything out right now in the space. Yeah, sure thing. Thanks so much for having me. This is Jonathan and the Community Manager of Pendulum. And what Pendulum is all about is that we are on our way to becoming the stablecoin hub for .sama and now that we are on a composable space here, maybe
even beyond that and hopefully. And then of course the question is what are you going to do with a bunch of stablecoins on our chain and we think we have something really really cool and unique here and that is on chain Forex that is coming up on Pendulum as one of our flagship
There will be a lot of earning yield farming opportunities for everybody that is holding stable coins. That should be a bunch of people. So yeah, we're very much looking to onboard them and yeah, to kick off our Forex on-chain trading very soon and hopefully everybody's excited for that. Thank you.
Perfect, thank you very much. I'm pretty sure I would like to add something before we start.
Uh, yeah, hi, I'm Ranger.
excited to discuss the various use cases on this space today.
Okay, cool. So in regards to XEM channels, it was sort of the first topic to go over. However, I don't think we have this fully established any XEM channels between composable and pendulum and follow yet. So we can skip those, I guess.
The first question is what sort of implications that can be derived from the implications of Kassama and Popodot? So what could this bring to users, developers, and what should Parishin teams be excited about?
I'm going to ask this to move in first in regards to Fala and Carla. Is there anything that you guys were waiting for to connect these two ecosystems together? Yeah, this is a very good question. So I try to do this.
the original reason why we choose like coder as the major infrastructure we want to build on for product by everybody in our product is built for a combination of multi-chain by foundation and it's so easy
easy to get, you know, cross-tune, excess these other parts, and see if you viewed these substrates, if you read the smaller than nonchalant parts. So the use cases is a very tricky question.
For example, in the e-srem, or E-D-5 world, right? So the major usage of closed-changer-bate even now is around closed-changer-aiding. So when a user wants to break some access from
which is a chain B, the ear to choose a decentralized bridge solution or use centralized solution like exchanges to restore your US digital coins on multi chains. So that is the first common use chains for a D-File user.
you know, in crochet and D-values cases. But there's more and more hiking issues, security issues coming after, but you just saw it because of that. And it's a pure state like there's different levels created for brave sound friends.
So this is why we got like layer 2s like odd trauma or optimistic and particularly right solutions based on the story behind and we also got like other solutions like Cosmos and Pogos so that would be the most promising like solve
I think this is something like everybody can move forward on. I think before from FOLLE team and we are more exciting, more unique for use cases. For example, the future of
Omni-channel should be a picture like this. So, any crypto user have freedom to pick up any change, it's cute, any job. But in that mean, because of transparency from database,
I have a pretty open right. So it means that the super-daps should be capable to provide very smoothly experience by using all of these blockchain data sites.
and interactivity. So it means that if I use the Israel to hold my assets and use a polygon to do my D5 yield, but in the middle I use the UGAL
to execute my metaverse activities, but I can also use some other super dab to wrap up all of these credits.
the blockchain activities I had before on our mountains. So this should be the future of true omnibus. And it didn't happen yet, but it's coming. For example, I see there's a bridge solution begin to provide Christian data verification.
service, like data provider service to make sure if you deployment smart contract on can A, but the smart contract that used that data, that's the case from can be. And that will extremely expand the use cases became maintained.
So I think there's such use case that will come onboarding in Poldaldi because it's the first step because we have the most mutual infrastructure as a very high security level. But I think the future
not belonging to just the wine because it's about multi chambers and put it to have the unwanted from there. So yeah, there's some use cases but I think the super dags and the super use cases will come in like in the near future.
It's very hard for people just to like, imagine what it could be. But, you know, based on the super-composibility, I think maybe some social fight is defied, right? So, perhaps if social is defied, or crypto gaming is defied, or crypto gaming is perhaps social is defied,
EID is an account abstraction. So when you put some mutual solutions together, the new outcome will become able to be meted for now, but it will be super, super powerful. Yeah, thanks.
Perfect, thank you very much Jonathan on your side. I guess pendulum amplitude sort of what's happening and you mentioned in both spaces, but is there anything specific? Sort of on the forerite side or on the stable point side that you see using centaur
Yeah, so as everybody knows, there is quite the lack of stablecoins available in the entire dot-samma ecosystem. So that is why the bridge solution that we have been building that is allowing to bridge
So, currently we are getting
those partly from Stella, partly from statement. And then of course the question will be is there opportunity to bring stable coins from cosmos? I'm not really familiar as of now how the situation is looking
over there, but if there is like a localized stablecoin that is having traction over on cosmos, then definitely worth for us to take a long and hard look at that. And yeah, contemplate whether this is something that we
can or want to integrate into our Forex ecosystem. So yeah, generally I would say the more cross chain compatibility in the more channels exist that connect blockchains, I think the better it is for the entire ecosystem.
And yeah, just having the ability to use your cryptocurrency in more ecosystems on other chains, I think that is already adding a lot of value. What specific use cases will arise from that? Yeah, very excited to keep following where the Steve Adopts.
Absolutely. So I don't really think there has been a major, so they will coin actually don't. And because I'm a ecosystem since the fall of USD, I think there is IST.
I'm live. There's also a native USTC that's launching on Cosmos, but yeah, it's probably not going to be USD that we want to look at, but still worth exploring for sure.
Yeah, I hope not. Cool. So, bring to us a result of connecting these two ecosystems and besides the use cases that has been brought up by Jonathan and Marvin, is there anything you'd like to add?
Yeah, I mean honestly at some point things are just going to become like chainless experiences.
for people and I think that that's ultimately like what I'm waiting for. So when people are
not even aware that they're interacting with the underlying chains and sort of communities become unified around
functionality, I think that that's where we hit the Valhalla moment for Polkadot, which has kind of been the idea as like these, the relay chain is kind of this symbolic obviously it plays an important, you know,
role in the ecosystem, but it plays also like a symbolic aggregator of, you know, communities as well. But we've never actually felt that everything is still very tribal within the ecosystem, within parachains, even though the ethos maybe was not properly
So I think, you know, longer term. There'll be more focus on the functionality and less focus on the chain and I think overall I'm just excited to see.
this sort of sociological dynamics as these things progress over time.
So, following on from some of the structure to the previous image that we've had, I'm just going to focus the questions more on towards .sarma.
This is sort of a general question. We're going to start with Marvin. So what can we do to promote and incentive as users and developers to be a part of the dot-sarma ecosystem?
I don't see my powder or dosa more as I isolate because it's that little fine.
I mean, if you check out the most successful parachains, if now, you know, on how some of these would be my stuff. I get the tricks that they can get users and activities
always get users from the web screen word instead of being Azure 10 and ourself. Yeah, this is weird and boring but yeah, we need to go way to Azure 10
So we need to break through the ecosystem so that we can bring users into the ecosystem. So for example, like enough follow-up and how we can be exciting for developers to begin to use the option to
solutions and technology. Of course providing solutions for internal ecosystem is one direction. The second direction is our track issues are track it for now is we need to break through the
some existing and be useful to the developers who are a community solidarity. So for the developers on political, on B&B, you know, for our Trump. And if they think, hey, I think Paula is useful. And they will begin to
learn and study and begin to build with a parachute. They do even to mount the DOSAMA culture, but they already become part of the user in DOSAMA. I'm podaise providing layer zero service
To follow up, I want to provide the implementation service to the developers, the developers that use our capability to empower their smart countries and political. So that is the chain of supply.
And by doing this again, again, again, I think we can bring a point out into a most successful community that can be useful to the entire crypto community. So that's my true sense.
Perfect Jonathan and the same to you. So what does amplitude and panchydem see us doing better as an ecosystem? What are our weaknesses and I guess where we need to do better? Yeah, I would say that all of the people that
are building on .samas. I mean the ones that I've been talking to, they are quite happy with being able to code in Rust. They don't like solidity a whole lot. So I think a whole lot is going well just for the, in terms of the programming language.
But of course, what Dotsama is missing largely is users. And I would say it's more of a chicken-ack problem. If you're not having a lot of developer activity, you're not going to end up with a whole lot of users. And of course, if you don't have a lot of users, then you're going to have a hard time and try to
So, what's happening is that the documentation is a little bit sparse. So, a lot of people that are wanting to build on .zama, they are running into roadblocks and then have to give up there.
So that is probably worth an improvement, but overall I'm actually very bullish on.Sama getting a larger and larger market share and that is just because the technology and the tangible benefits for the user
So there are becoming more apparent, right? We are having, we have runtime upgrades, instead of hard forks, we have governance that is executing runtime upgrades directly. We have XEM, I've been talking to somebody from Polkadix and he made a very convenient
the argument of what the future of XEM could look like. So for example, you could collateralize assets on one chain and take a loan on another chain. And if your collateral is insufficient, then you could be liquidated on the other chain. So pretty, pretty
cool stuff. It's just going to take a little longer for people to catch on, I think. And yeah, of course we can expedite that. We should definitely try to get the work out there at every chance. But yeah, overall I would say we are on a pretty good path and time is definitely in our favor.
Thank you very much. Bringiao is wondering if you could sort of give an update on the Cosmos connection.
So, KSM thought is the first iteration of Centauri and it's in beta right now. Yeah, so I mean, TestNet has been going well.
We just need to put it into production. So expect that to happen sometime in June.
And this is a question from the community. So we went over the use cases with the other teams. Are there any specific use cases right now? All the case and dot bridge.
or brain job
Yeah, I mean, I think the general like the general use cases of
KSM.bridge at the moment is just simply set up a pool on Pablo. Currently, you can trade KSM.USDT from the Kusama asset issuance chain.
And currently we also have emissions for a bunch of these different pools. So I think it's exciting that we're starting to see substrate native TVL sort of makes
sing together in a single Dex. Pablo will become permissionless. So anybody can just XEM over assets and set up liquidity pools with emissions pretty soon.
So that's I think sort of the the base level use case of the KSM dot bridge, but obviously in the future we're interested in doing a lot more
as well. So, you know, people being able to make calls to different Dex's from a single location, I think these are the types of sort of generalized message passing functionalities that we want to bring about in the long term.
Cool, so this is a question that we asked in the previous AMAs. It's sort of focused on external teams. As you know, Composable is building bridges to
the ecosystem and essentially we're building it in an order that makes sense sort of on the user activity side and where the infrastructure is already built but what ecosystem
system would peak your interest the most to connect to outside of the cosmos and near. This is for Marvin and then I'll need Jonathan.
Sorry, sorry, maybe I kind of missed the word, so could you repeat the question? Yeah, sure, so it's like what ecosystem are you most excited to actually bridge to outside of dot someone cause most
is there an ecosystem or blockchain out there that keeps your interest? Yeah, of course, based on the current multi-refraction, I think the ESRM layer
like Tom, I'll take a sing, you know, the Roar Alps, I think the matter is optimistic or to repeat back and I think they're quite on the hat so the TVL and they
trading volume on these tools are increasing every day. So for D-fifters I think bring those community into those some of the customers will be very good strategy. And in my hand I definitely see there's some
use cases, I mean, trying to try to be there, for example, on polygon, I think the most activity of the case ecosystem is means. So this is what's social.
They are providing a pretty ineptive based open source and open-day protocol. So they are already like around 1 Android, social applications, build on top of
and the daily activity users on this is the most, is the backbone of polygon daily users and so forth. So for example, from follow research team, I think we are, we think this is very promising
direction for new use cases. So when we are trying to deliver a fact contract, long, you know, we are kind of beginning to figure out, okay, what can we do to provide our off-chain plantation power, our capacity into the
and these are going to see something based on that. So besides DeFi, I think these, or if you're suffering this case, is something we are very interesting is just running on my nerves. Thanks for the question.
Thank you very much Jonathan sort of pendulum from a
for its focused vision, is there any chain out there that peaks your interest? Yeah, it's really hard to mix all of the depths that exist on other chains into reducing it down to that is the chain that we want to tackle. Generally,
As mentioned earlier, we are looking for a solid stable quantity. As soon as that is available natively in Batsama, I think that will alleviate a lot of the need to keep searching for non-Batsama chains to expand to.
But yeah, of course, always very much open to getting something going there. In terms of what would be an interesting ecosystem to expand to, yeah, about all of the EVM chains, I think they're all very much similar, whether I'm getting 11 seconds
block time on one chain against 15 seconds block time on another. Not really a strong argument for me to get on board it there, but maybe it might be the big current blockchain actually with BRC 20s and ordinals making quite a splash right now.
now. I think that is probably the most interesting thing that is going on currently. Whether it really is making sense for our use case, that is definitely another question, but I think the most attention is there right now. And for that reason, for that reason alone,
it might be worth exploring if there is some way of making use of that ecosystem of onboarding it, of bringing features or assets from that summer over there. I think it's more of a marketing consideration.
here, not so much that we are really depending on another chain to unlock a major use case. But yeah, as I said, the more chains the merrier interoperability is definitely the way to go. So everybody that wants to connect, I think that is a good thing to do.
Perfect, I'm just checking the community chat. There's a question on this board.
So it's really
Yeah, it doesn't really make sense to bring it up for the AMA. Cool. So I think that's sort of the end of the list. Is there any alpha you guys would like to share sort of on the pendulum or fall aside?
even brain ja on the concludes the set for our end. I love this one. So yeah we are going to launch a fact contact very soon. I think in one, two, two weeks
around what we do. So this is something we our team been preparing for over one year and this is a very good approach you know for our followers but besides that I would say
in the new future, state on the報告 ecosystem. I mean, Ojo, you know, we got like this, a tactic, you know, to users, people have quite found out, you know, that later to
but I believe a better infrastructure can always win in a web store. There's no exception to my experience. And you're not, I think, the upcoming new title of use cases would be like DID, web shows, social, these
a kind of abstraction capability. So this is a very good direction I'm personally into. So no financial advice but yeah I hear the purpose.
So in the meanwhile I've been looking up the Pablo liquidity pools. Yeah, I think that is very interesting to look at if you if you like yeah, I think I have to
and move some funds around. Pretty decent APRs there. Interesting. So definitely check that out. I'll be switching some funds over there right after this call. And for everything amplitude and pendulum you find us on telegram, you find us on Twitter. It's exciting times. Space
This work is about to have the community launch, space work, the bridge that is connecting Stella to .sama. That will enable us to shortly after that launch our Forex AMM. And that will come with a lot of interesting features for everybody that enjoys yield farming. Single-sided liquidity
provisioning, no impermanent loss, a lot of big brain stuff going on there. And it will come with very plentiful yield farming opportunities. So definitely check that out. And yeah, if you want to learn anything more, best place probably is to ask in telegram. So yeah, hopefully you can see you there after this call. Thank you.
Thank you, I fellow DGEM, involved managing the polls.
Alright, sweet. So yeah, thank you all for joining us today. I hope you found this AMA insightful. We plan to be hosting more of these and the near future out with some postman's teams, especially as we get closer to the launch of Centauri.
And I'd just like to thank our guests for joining Marvin and Jonathan from the Fala and Pengement team respectively. I hope we can do this again sometime. If you guys ever want to connect to anyone
from the cosmos side or from the near side please let us know. I'm sure as these connections goes live there's going to be a lot more interaction needed between both ecosystems and I'm not sure if you're in touch but yeah feel free to let us know and thank you all for joining.
Thanks everybody and have a good day. Bye bye. Thank you for hanging. Bye. Bye bye guys. Ciao.