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LINK · 21w

IC3 Meetup Hosted by Chainlink: Patrick McCorry "Deep-dive Off-Chain Protocols"

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Cryptocurrencies do not scale. In this technical deep-dive, we provide an overview of an alternative scaling approach, off-chain protocols, that lets parties transact locally amongst themselves instead of the global network. Off-chain is remarkable as in the best case it lets parties bypass all network fees and blockchain latency, and in the worst-case, the parent blockchain safeguards the funds of all honest parties. We’ll cover the two leading approaches, channel-based networks (lightning et al) and commit-chains (plasma & rollup et al) alongside the new the always online assumption and how the community is trying to alleviate it. If we, as a community, can pull off the implementation of off-chain protocols, it will hopefully unleash a truly permissionless, global and internet-scale financial system.

Agenda 6:00 pm - Registration & Drinks! 6:45 pm - Introduction by Sergey Nazarov of Chainlink 7:00 pm - Technical Deep-dive into Off-chain Protocols with Dr. McCorry 9:00 pm - Networking w/food & drinks


Sergey Nazarov is CEO of Chainlink, the leading blockchain middleware company, used by enterprises (SWIFT, Google, Oracle) and smart contract teams (Web3 Foundation, OpenZeppelin, OpenLaw, Hedera Hashgraph, Zilliqa, and many others). Working with leading banks, insurance companies, and large technology firms on the creation of “externally connected smart contracts”, gives him a unique perspective on what is required to bring smart contracts forward for enterprise adoption.

Dr. Patrick McCorry is the CEO and co-founder of PISA Research. He was an Assistant Professor at King's College London in Cryptocurrencies and Security Engineering. As well, he was a researcher at University College London, University of Illinois at Urbana-Champaign and Newcastle University. Many moon...

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