Agoric: The Secure JavaScript Smart Contracts Platform
- Dean Tribble𝕏
Agoric is an Proof-of-Stake blockchain built on the Cosmos-SDK that allows developers to create secure smart contracts written in JavaScript. It offers developers safe, reusable DeFi components and built-in economic primitives like a stablecoin, while connecting to the larger blockchain ecosystem via IBC.
Besides covering the Agoric platform, we dove into the long prehistory with Agoric CEO Dean Tribble. Dean and his co-founders have been working on smart contracts and secure computing for decades, long before cryptocurrencies were invented, and a lot of that work shaped the Agoric platform today. We talked about underlying design principles like the Object Capability Security Model, but also the tradeoffs between Ethereum's model of scaling on a single chain versus the Cosmos model of sovereign chains interoperating asynchronously.
Topics:
- Dean's background and how he got into crypto
- Smart contracts in pre-blockchain times
- Why was Agoric created?
- The Object Capability Security Model
- Why they chose to build on the Cosmos SDK and the problems that solves
- IBC transfers
- How much can Agoric scale?
- What's coming next for Agoric