Navigating the Way forward for Cross-Chain Interoperability: An Interview with Dr. Weijia Zhang – Enterprise Ethereum Alliance

By Bradley Stone, EEA Analysis Lead

“It’s an thrilling but difficult time, and we wish to broaden the working group, particularly with the growing significance of cross-chain interoperability within the business.”

Cross-chain interoperability is outlined as the power to switch belongings from one blockchain to a different, ship and obtain messages throughout blockchains, and provoke actions throughout a number of blockchains. Because the blockchain house evolves, cross-chain communication has turn out to be certainly one of its most important facets. This contains working inside the context of public Ethereum blockchains.

In a dialog with Weijia Zhang, Chair of the EEA Crosschain Interoperability Working Group and Vice President of Engineering at  Wanchain, we delve into the alternatives, challenges, and way forward for cross-chain use circumstances, DeFi, and requirements. Right here’s what he needed to say:

Weijia, what’s the present state of cross-chain interoperability, and the way is the Crosschain Working Group addressing it?

A: We now have revealed paperwork outlining cross-chain interoperability use circumstances and tips to assist educate decision-makers and groups on implementing cross-chain know-how with security as a prime precedence. Ongoing work expands upon these efforts and contains specs that we hope will quickly be adopted by the business as interoperability requirements. It’s an thrilling but difficult time, and we wish to broaden the group, particularly with the growing significance of cross-chain interoperability within the business.

You’ve written a textbook and at the moment lead the Good Contract Improvement course on the College of Texas as an adjunct college. How do you make useful content material on this new and always altering subject?

Educating presents distinctive challenges. College students of blockchain know-how are wanting to be extra concerned in enterprise-level improvement however typically discover themselves drawn outdoors of the business. Usually, college students be part of a pilot blockchain venture with a serious company solely to see that venture lose funding or fall off the map in underneath two years. A lot of that’s nonetheless depending on financial situations, additionally constrained by the regulatory surroundings. Nevertheless, the effectiveness of coaching and academic supplies can be at odds with the pace of recent developments within the business. Blockchain-related know-how is evolving at a speedy tempo. All of this solely accentuates the necessity for enough coaching and training. The ecosystem is behind in hiring individuals with the correct abilities, and this hole have to be stuffed.

Improvements like ZK and layer-two supply options to a few of the most important issues holding again mass adoption of Ethereum, but challenges persist. Are you able to broaden on this?

A: ZK might successfully resolve the privateness challenge, however scalability stays a priority on a number of ranges. Nonetheless, the ecosystem is making progress. Ethereum 2.0’s success and improvements like ConsenSys zkEVM are promising indicators. Ethereum’s easy transition to proof-of-stake consensus, the large vitality financial savings, and the numerous efficiency enhancements improve Ethereum’s enterprise readiness. 

Lastly, Weijia, what’s your outlook on the way forward for cross-chain interoperability?

It’s complicated, however I’m optimistic. We should standardize specs, proceed innovating, and take note of regulation areas. 

Upcoming Hackathon & Name for New Working Group Members

Don’t miss the primary annual Permissionless II Hackathon on September 9-10th in Austin, TX. Wanchain is among the sponsors, and this 24-hour occasion guarantees to be a crucible of innovation and collaboration. Early purposes are open; safe your spot at present!

Additionally, the EEA Crosschain Interoperability Working Group is looking for brand spanking new members. Be a part of at present as a part of this important progress space within the crypto house. Your participation can form the longer term!

Bio

Dr. Weijia Zhang is the EEA Regional Head of China at Enterprise Ethereum Alliance and the Vice President of Engineering at Wanchain Basis. With an intensive background in R&D and engineering, his experience spans blockchain, cognitive sciences, psychological modeling, Computational Fluid Dynamics (CFD), software program modeling, laptop applied sciences, and industrial requirements. He has authored over thirty analysis and technical papers and holds greater than twenty patents in laptop and digital know-how. 

Dr. Zhang additionally performed a job as a technical committee voting member to publish the Answer Deployment Descriptor (SDD) by OASIS. 

Along with his skilled contributions, he serves as an adjunct college on the College of Texas, educating the Good Contract Improvement course.