I want to bring attention to something that should concern us as a community—Near blockchain is significantly ahead of ICP in terms of integration with other blockchains through their chain abstraction model. They have already implemented working products that enable native swaps across multiple chains, including Bitcoin, Ethereum, Zcash, Solana, and others.
ICP was an early leader in integrating with Bitcoin, but somehow, Near has overtaken us in becoming a core orchestrator for Web3 finance. I recently tried their Near Intent system, and it’s impressive—it allows for fast and seamless native asset swaps, depending on the chain being used. Meanwhile, on ICP, we are still waiting for full Ethereum integration, and we haven’t heard much about potential support for other chains beyond Bitcoin and Ethereum.
So, where are we on this?
Is there active progress on complete Ethereum integration?
Are there plans to integrate additional chains beyond BTC and ETH?
How can ICP position itself as a true Web3 finance hub, rather than being left behind?
I’d love to hear from the DFINITY team and the broader community about where we stand and what’s next for ICP in the tough cross-chain competition.
Probably near/ao/dot/sui foundations don’t have side quests, most of dfinity members are busy with their side projects afaik : alice&bob, caffeine, oisy, utopia and prob many others that I’m not aware of… These are all projects that have/will have their own token and if I want to be part of them I have to BUY my share :)) How is the biggest R&D team shipping so slow? How/when are you guys developing these other dApps?In your spare time?? Doesn’t seem so… WHY am I still buying&stacking ICP ?? please!
Dfinity has officially relaxed, reality is on this aggressive aggressive market there will be competition and has officially arrived, if they deliver faster and useful products they will end up winning, Dfinity thinks because they have tons of smart engineers that’s a big deal, is not if they don’t deliver on time, because competition is already copying us, delivering faster without “coming soon” or “I can’t say too much about that yet” statements.
I used to be a big believer sadly I’m starting to wonder if I made a good decision by investing on this, seems like ICP isn’t unique anymore.
I would like more transparency from the foundation, I’ve been asking for a job position where there’s a developer relations in charge of providing counter arguments on twitter and other social media apps when there’s too much noise with competitors, doesn’t require any effort from me as a shady competitor to say “ I’ve developed everything ICP has” how the average user will know this is true? Or fake? Not even referring to the average user, but even technical people from the community like @lastmjs seems to be getting caught on this narratives, my question is… Dfinity isn’t really aware that this is a huge threat that
Can make ICP to fail?
Why? Because if people don’t understand that ICP really has key differences and advantages then there’s no new people investing, if there’s no people investing price goes down, price goes down no more money printer for Dfinity to pay the R&D, go bankrupt, ICP failed.
Doesn’t require to much effort to understand that we need some team on this platforms to be debating in public, explaining why or why not ICP is different between “AO, NEAR, DOT” …
Interesting. It sounds like he’s talking about mining Dragginz but there is no mining Dragginz and the supply is already capped. He must be talking about BOB being mined by the DEXs and helped with bug fixes by Dfinity. I’m having a tough time understanding what he’s saying to be honest. Does he think there’s big plans with Dragginz or BOB or is it the two working together somehow? Or is he talking about another new project altogether?
Complete nonsense. Close sources could mean anything ie former employee, contractor, someone close to said people speculating on who Robert might been. Keep in mind this is a private conversation a few days after Bob was released and the hype was at its highest and eveyone was reaching to each trying to determine who was behind the project. A lot of speculation which turned out to be wrong. There nothing special about this private conversation.
Thanks for posting this. I was naive to think that i could have private conversations with prominent trusred members of this community. This wont happen again.
I know I’m not supposed to feed the trolls, but Is there a technical reason why they(near, etc) are moving faster? Is it a superior solution? More dev friendly? Is it a matter of money being thrown at it? Those conversations would be more productive than throwing stones and negativity.
Having recent built a cross chain solution with icrc-99(cross evm NFTs), I’m very keen on discussing those things. The only thing standing in the way of going faster for me was manpower and coding hours. The Dfinity foundations is unlikely to magically double or triple in size anytime soon. The answer has, and will continue to be, community communication and cooperation.
This ecosystem continually falls apart due to a not-built-here mindset(this itself is symptoms of lack of VC cooperation and general lack of cash), which coincidently, has opened up a few openings you are really in favor of open collaboration and open source development, Reach out. You never know what may happen. The icrc-99 stuff is a bit of UI and a bit of solana/bitcoin know how from being a complete end to end cross chain solution that only requires a bit of abstraction for fungies and other crypto concepts.
Near chain abstraction is more similar to chain fusion in that it is a protocol-level integration that can be used by other apps easily within and outside of its own ecosystem. Cross-solutions like Omni and Appic are very much welcome as well. But being able to swap Zcash or Monero at a Layer 1 protocol level is absolutely cool. I would love to be able to swap BTC for ICP directly, like you can with Near’s intent.
Again, this is not to take away from the hard work cross-chain bridges on ICP are doing, including DFINITY’s work on native integration, but I can’t help but ask questions when I see competitors delivering similar features at what seems to be a faster pace, despite DFINITY having started their integration first. It’s possible I am missing something, which is why I am posting here.
My impression is that Dfinity doesn’t see much potential in chains outside of BTC and ETH, which are the forbears of ICP lineage. The others are either purely speculative (the Fartcoins of the universe) or else don’t add enough additional utility to be promoted at the expense of ICP.