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Podcast: Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Episode: Fig: Squid Router – Sub-20 Second Cross-Chain Swaps. Axelar-Powered Interoperability
Description: As crypto evolves, it becomes clearer that the future will be multi-chain. Presently, moving funds between different blockchains is frustrating...to say the least. The current bridging solutions are prohibitive from a UX perspective, mainly due to how finality is reached across different blockchains. This translates to long wait times and anxiety when interacting with new protocols, caused by the incertitude of funds arriving safely on the other side. Another major blockage consists of gas fees, particular to each blockchain, which often require an additional swap. But what if, users could enjoy near-instant cross-chain swaps (sub-20 second) and one-click...