The Interwoven Web: Unleashing the Power of Full Spectrum Blockchain Interoperability | William Wang
Ethereum Denver·Wed, Oct 9, 2024, 12:00 AM
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Transcript
[Music] this is William from psycho Network yeah I'm sure pretty sure it's maybe a little bit like too green or something uh but I guess everybody in crypto love green is ring up so I'm really excited and happy to introduce the trustless network of all blockchain cycle network uh so how people here today have ever build or trying to build any kinds of D applications please raise a hand one 2 three four five nice it's not the wrong place it's Builder week yes and how many other people like have ever like tried to intera with any kinds of D applications before yeah yeah so what happened to the rest you guys come from the future or something you know it's a future right okay so I guess everybody knows the user Dil problem thingss yeah it's sometimes unsafe expensive not even about the latency problem and it's even complicated not just for develop developers but also for the general users imagine this kind of situation like uh for you know e user here or she trying to find some like maybe interest uh on aitron there was kind of like a DF over there and after he or she interupt with the application he finds out maybe there are kind of some like a profitable you know BMB D apps over there so here is what he's going to do like this and you can see the cost fee like take like two times of eth gas fee plus four times abum gas fee and two times B&B gas fee expensive no matter about the latency problem because you might miss a chance about profitable things right and even the most the parts unsafe because bridging after Bridge after Bridge we all know the bridge problem right now it's not safe and for the guys who are the developers you guys are facing different smart contract with different blockchains and of course the different liquidity because you are trying to deploy the liquidity on each different kind of chain which will separate you and now we cycle the user will mention they only need to pay Yes Master Fee we call it Master Fee two times one is to the option one application one and the other for the number two and for developers you can only need to deploy all Links at one time and cycle will help you to reach all of the we three user users so what exactly is cych Network here is the cych network overview cyle Network used the Omni State Channel indexer and the trustless crush protocols to build the Omni distributed Ledger which help us to focus on the D apps and to accelerate to acquire more users from both web three and web two areas as you can see there are three layers here the bottom layer here we call secret layer actually because we originally inheriting the E secret because we extend the D here to the extended layers to op polygon salana whatever you name it and we use the bridge here but we put the bridge here but it's not really Bridge because we use the original L1 to L2 ZK row up to deal with that and we put ledgers on each chains so that we put the Omni Omni State Channel indexer which is the decentralized indexer on eth and after that on the cycle layer we put the decentralized sequencer to make this happen and to link the extend layer we build up the trust list cross chain protocol here while the details you can check on the white paper but it's probably the overview of the everything so one word cycle network is a trustless Alin distributed Ledger with a global State view of all blockchains the core benefits are four sides the most important thing security because we maximam inheriting the data security from E and then because the OM ZK R for Real Time extension Communications we Mak it really low latency and it's of course going low cost because we leverage that by using the Lup to extend da and ODT and this help all of us can do the cross ecosystem things including the evm N evm L2 Etc so when we try to compare with you know the similar products like Zen L zero protocol Armon Network CYO network is a trustless network of all blockchains with original L1 to L2 Bridge the RAB uh and the extended da which bring us the only trust cross CH with the highest here so what exactly kind of like products and service cych network bring to us we actually have two kinds of service here one we call the standard omn interoperability Network which will help you to provide the asset management super accounts asset liquidity channels and one click deployment of the evm compatible D apps and one click assets launch of course we offering the customized ones uh it's the we call it om CH at the service should we pronounce that o or house whatever yeah it's a customized feature and even pricing models of the omn network and we link by the RO and Ro K to the basic Network the whole picture support the D in games Finance socials and accessories and then for the service we offering for everyone here you can enjoy the self custodia aggregation Omni you know asset trading and you can you enjoy just one click login to upgrade the Omni CH D apps by using our super hun and for developers one click om CH assets launch and a customized version and agregation for any kinds of Omi D apps and also of course for the DS has with withdraw the system for ecosystem this will help all kinds of ecosystem acquire more like Amun users and to you know help them with the assets liquidity pool and also we can also try to partner with you know different kind of chance opportunity to set up even the Omni chain application incubation fond built together so here is the case study the case one we call it om chain pgy bank which is focusing on the retail assets management like CYO micro founding aggregation protocol enables users to merge the small funds from all kinds of layers like layer one layer twos yeah before just like coins in sofas like we got all kinds of like coins alt coins on different blockchains and sometimes you want to transfer it or maybe like try to swap it into maybe some mainstream token or something but the gas fees is like too5 too high like higher than the cost so we just leave it alone with something but right now you just the user just one click to extend that to the certain mer mainst strin token and the sweeper system we try to find the you know best price uh and maybe in the future I think it's really falling right yeah in the falling step we are going to upgrade that into a Super Con and the next case is about how many CH stable coin solution a USD yeah stable coin is always you know exist in the crypto areas um well it's actually for the stable coins not nothing special you know at first or something but the really unique Parts is like because we help them to deal with the liquidity part like we help them to you know don't need to worry about like the liquidity put on the maybe the emerging l2s or new ecosystems and even also like a friendly to those kind of like l2s or emerging like ecosystems so that they don't need like you know set up like new liquidity pool everything on each change they only need to like focusing on their own product yeah to build up like their like a scheme make it St stability or things like that and the third case here today is ltp one of our like partner here it's about like uh cross ecosystem om chain liquidity solution for ltp yeah it's a gateway to Cy and Dy which is aiming to maximize the capital efficiency for institutions so before the ltp trying to of course they already like linked to the sax already and they try to you know get uh get connections to different decks before you know you they have to you know connect it one by one so which means like they have the separate liquidity which is okay but it's not efficiency even for the insti F so now we cycle they have the integrated liquidity so we help them to you know link all the decks to make it happen and last but not least we don't forget the the biggest blockchain here bz here we got the BTC bot the BTC bot is now focusing on brc2 and they do the you know Auto sniper like a flash man they do it really well and they can find the smart money and do the even do the copy trading but I think that's a limitation or something just mocus on the you know brc2 or something so we cycle in the near future it will expand the scenarios to the am Min chain like the BTC bot will tend to be like a Alin CH bot yeah I'm sure there will be like more scenarios like how many trading like about like a predition market and even there was a guy like from maybe some other like protocal they're doing AI Parts uh it's it's also like a big chance to emerge those like new taxs and to lower the Bader okay I think that's pretty much about everything and here's the contact me and we also have our like uh uh the in the during the main event our booth is like 308 please feel free to come to us and just say hi and try to see what happened and and right now we also have our online um marketing campaign because we already launched our test net and we about to launch out the news about the first round fundra as well okay thank you everybody have a nice day
Automatic transcript — names and jargon may be misspelled.