Blockchain Transmission Protocol (BTP) Working Group Update: ICON Joins Forces with the Polkadot…

This article was first published on Hello ICON World - Medium

Blockchain Transmission Protocol (BTP) Working Group Update: ICON Joins Forces with the Polkadot Ecosystem

As the first update from the Blockchain Transmission Protocol (BTP) Working Group, we are excited to announce tangible progress toward the integration of BTP into the Polkadot Ecosystem. Acala, Moonbeam, Edgeware, and Plasm, four of the top parachain candidates in the Polkadot Ecosystem, will be the first to be integrated into ICON’s BTP interoperability solution.

Acala brings a robust, EVM-compatible Polkadot DeFi ecosystem, Moonbeam brings unmatched Ethereum compatibility and the largest and most robust portfolio of live integrations across the DeFi, NFT, and gaming spaces, Edgeware brings decentralized community governance, and Plasm brings a DApp hub and layer 2 solutions for the Polkadot Ecosystem. We look forward to working closely with all four of these teams and envision many collaboration opportunities across all of our ecosystems.

Through the hard work and dedication of the Edgeware team, we have completed the first phase of integration by merging the necessary precompile contracts with a Polkadot EVM (Frontier Pallet). This puts all the necessary pieces in place for ICON to connect to any Frontier Pallet parachain. Precompiled contracts will soon also be merged to the Acala, MoonBeam, Plasm, and Edgeware EVM, for compatibility with each of their individual custom-built EVM modules.

The next milestone for the Polkadot integration is to have testnet implementations for BTP smart contracts completed by the end of Q2 2021 and main net support upon launch of ICON 2.0. ICONDAO, a passionate software development team and ICON validator, is spearheading these efforts for the working group and has already spent considerable time and resources familiarizing themselves with the Polkadot technology stack.

These BTP connections will allow applications on all four parachains to directly interact with ICON, each other, and any other network added ...

To keep reading, please go to the original article at:
Hello ICON World - Medium

Comments (No)

Leave a Reply