ETH Rio 24 - XRPL EVM Sidechain | Traiano

Transcript

nice thanks uh Fon for the the the explanation I would like to introduce Triano I'm sorry but your name is unusual for us um nice meeting you welcome and um take this stage the the a is yours thank you very much for you as well do I use it I just green one you go ahead red one you go back okay awesome thank you very much so just see the slides okay while we wait for the slides

hi everybody my name is Triano and I'm from the appos team I'm the head of growth and today I'll be talking to you about ammos AV MOS and how become the most trusted AVM in Cosmos and if you're not familiar with Cosmos you will also have the chance to learn more about it so hey okay thank you um so ammos um its objective is basically to build the most trusted uh execution layer for um web tree businesses and so far uh our partners and users that adopted the atmos

technology managed to reach out to a 1010 billion market cap in total in the past years okay let maybe wait a couple of minutes for the slide here we go so as I said um best execution layer for web tree businesses and uh in the past years we managed to see our uh partner reach out to 10 uh billion dollars in collected value and we've been in this space for a very long

time um yes as of today we reach these numbers but uh two years ago it was the first time that we were able to cause a funding rout by poly chain capital for $27 million and um in 2021 we were actually founded by Cosmos sub the first ever Cosmos chain uh that gave birth to Cosmos SDK IBC tendermint and one of the first proof of stake uh blockchains out there and the first idea behind um an evm in Cosmos was initially um fought in 2016 so it took us 8 years to deliver one of the best tvms in Cosmos because

so far it has been utilized by more than 400 developers and um yeah um let's talk about um why uh evos is such a great evm uh so as mentioned by fan uh previously the um avos stack is composed by uh Comet bft Cosmos SDK on top of that you have avos uh that enable Smart contracts and you also have IBC and these fundamentals basically give uh and empower the evm sign chain uh uh to reach four major uh characteristics the first one being the

compatibility um because you have support for smart contracts in solidity you have all the standard presence in Cosmos but you can also expect the same uh developer EXP experience while using a cosmos chain uh so you also have all the wallets integration such as metamask cbits and AVM any AVM wallet can be used on a cosmos chain as well as cosmos wallets such as Kepler or leap wallet it's highly customizable uh because you can integrate a plug and remove different modules from the cosmos s Decay and you can adapt your core

protocol based your on the needs that your DB developers have so um in case let's say for example you have someone on your chain that wants to build an amm you can adapt them and provide them with a a an M extraction that is built uh on the cosmos SDK so there is no need for integrated smart contracts for M you have that you have that directly on the SDK and in case you want to develop further aips you can also do that on the cosmos SDK without um waiting for years to see an upgrade on on mainnet you can do that on testet and within a couple of weeks

you can also introduce that on mainnet and this first two categories um make the AVM side chain modular as I said you can plug uh in and remove uh modules you can have easily you can easily custom I um the consensus mechanism which in the AVM side chain uses the proof of authority but uh it's a module that also can be chained for the proof of stake and last but not least there's the interoperability so we're going to talk again today about the interoperability um that IBC provides and with IBC you can transfer assets between any two chain and we have seen

billion of dollars moved across ABC in the past three years years but you can also send messages and you can thanks to IBC you can perform cross-chain smart contracts execution and uh have the same composability that you can expect from a smart contracts but between two chains even if they have different virtual machines so you can have an evm that interacts with a smart contract on a completely different chain that runs with KM wasm or any other virtual machine and we we have seen this application from our partners because many of them have built awas gaming solution defi nft uh but even rollups so avos is the best solution when it comes

to um developer oriented um um and yeah basically the the personalization that you can act uh and gather other modules from from our partner so if you're interested in working towards an rwa uh you can see all the evos partner that integrated an rwa module such as multi staking and you can also adop that on your chain um so here's a demonstration of how it going is going to look like on one side you have the Ripple ecosystem so xrp Ledger and the xrpl evm side chain power at evm OS uh so once you migr it and use the native Bridge from

xrpl to the AVM side chain you will be able to connect with ABC to any Cosmos in the interchain or in the cosmos and we have mentioned here at OS the chain osmosis and stride so uh you will be able to move and LP your XR uh xrp assets um freely to any of these chains and uh to mention some of the opportunities for app developers between the liquidity on xrpl and the uh all the IBC enabled chains there are more than 50 billion dollars so um there are multiple advantages of building on the

xrp L evm side chain because as a developer if you want to develop a defi solution let's say for example an AMA amm uh you can um focus on developing that you can adjust the core protocol B than your needs so as you mentioned M or um any solution that can be implemented on the cosmos SDK but you can also perform IBC uh cross-chain transactions between uh the xrp AVM side chain to osmosis uh to other liquid sticking providers Builders and nft platforms um so yeah this is overall uh an overview on the xrpl side chain

powered by evos so um if you have any other questions feel feel free to ask otherwise you will find me around the conference and definitely interested in chatting about the evm side chain is there any question okay yeah I think we're good