Chainflip Development Update — Dec 23rd 2022

Chainflip Development Update — Dec 23rd 2022

Hello dear Chainflippians… Chainflippers? Flipperinos?

It’s the final dev update of the year. For those of you who have followed regular updates of literally anything ever, you know what is coming! No, not a Christmas special, we did that last time. It’s what you get when all the writers of your favourite series go on holiday: the year in review! Yay!

For those of you who have been with us since those heady days when we launched Soundcheck testnet, this will be a trip down memory lane.

Highlights of the Past Year

  • We’ve run no fewer than three public testnets, culminating in Perseverance, which is closing in on 650,000 blocks. Perseverance auctions and keygens are reliably turning out 150 authorities for each epoch.
  • We’ve scaled up to 101 of 150 threshold signatures in the wild.
  • We’ve built up a sizeable number of dedicated community members.
  • We threw the best party at Berlin Blockchain Week.

Ok ok…

Yes I hated those retrospective episodes too.

Maybe just a little something about the last two weeks, because it was sooo exciting: we made our first ever native cross-chain swaps from Ethereum to Polkadot! Not mainnet of course. These are private networks running with pretend tokens. But still! We finally plugged everything together: the web app, the web backend, the CFE, the state chain, Ethereum, Polkadot, all using the smoothest devops tooling you could ask for, and with a little last-minute finessing it all just… worked. It was just spookily smooth.

We caught the aftermath of the test on video:

Never in doubt.

Happy New Year!