Direct Integration with Ethereum

[diegop]

I think that is a very reasonable stance @Zane . In truth, I’m still in “wait and see” mode, but you make a reasonable point. Design is all about analyzing trade offs, recognizing what works in practice and what does not,iterating…

[romulusp]

I know i patintless but there is a chance to see eth integration in the first half of 2023?

[apotheosis]

How would a canister based rollup affect an ETH integration?

Exploring the Potential of Zero-Knowledge Rollups (ZKR) for Improved Cross-chain Efficiency on the IC

Thanks, @apotheosis, for the write-up! One aspect I’d like to bring up initially is that the current restriction to ~1 sig/s stems from the fact that the current implementation of tECDSA has not been optimized for speed; some aspects are intentionally kept simple for now. As the implementation matures further, we do expect significant speed-ups. That said, the protocol is inherently complex (simply because ECDSA is weird) and the rate of signatures per subnet will always be limited. For zkSNARK…

[cryptoschindler]

Now that BTC direct integration shipped, what is the ETA for the ETH direct integration?

[skilesare]

I think between the ETH Utility canister and the ETH Lightclient RFP we might beable to pull this off faster as a community.

[0xyu5]

I am happy to know that Ethereum Integration will proceed.
In Dom’s blog about Ethereum Integration, he intended that smart contracts on Ethereum would be able to call canisters on the Internet Computer. I guess it uses some proxy smart contracts on both Ethereum and IC, but the explanation is obscure to me, so I don’t understand it well. Can someone please elaborate on this? I also would like to know how much flexibility there is when smart contracts on the Ethereum call canisters on the IC compared to when the canisters call the Ethereum’s smart contract with tECDSA.

To make all this possible, we need to enable Ethereum smart contracts to directly call into smart contracts on the Internet Computer, and to enable Internet Computer smart contracts (“canisters”) to directly call into smart contracts on Ethereum.

Now, we must consider how the results of calls from the Internet Computer to Ethereum will be returned, and how smart contracts on Ethereum will call into smart contracts on the Internet Computer.

[dfisher]

@Manu once the full Phase 2 Ethereum integration is live, will it be possible to build an Infura / Alchemy competitor on the IC? Will it be as performant as those companies?

If so, would it make sense for the Dfinity Foundation to build services around it to create an income stream, or would it be best for a third party business?

[neokree]

This integration could really change the game for ICP, if implemented.

With Internet Computer able to communicate (almost) freely with WEB2 using HTTP requests, we can build DAOs based on Discord participation and roles, build trustless Oracles on EVM compatible chains. Damn even having trustless bridges between chains build and verified on Internet Computer.

How can we make this happen?

[JoakimEQ]

Lots of engineering work required sir!