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Interlay Network 101

Introduction

Interlay is a decentralized network dedicated to connecting crypto-currencies like Bitcoin with DeFi platforms like Polkadot and Ethereum. The Interlay network is hosted as a Polkadot parachain and will be connected to Cosmos, Ethereum and other major DeFi networks. Read more about Interlay’s vision of blockchain interoperability.

interBTC, Interlay’s flagshipt product, is Bitcoin on any blockchain. A 1:1 Bitcoin-backed asset, fully collateralized, interoperable, and censorship-resistant.

Kintsugi is Interlay’s canary network, an experiment with real economic value deployed on Kusama. Kintsugi and Interlay share the same code base - with the difference that Kintsugi focusses strictly on innovation and will always be ahead in terms of features. Read more about Interlay’s dual network model.

Interlay Network

High level overview - see this info slide deck

Includes team background, interBTC, Kintsugi, comparison to other wrapped Bitcoin versions, and roadmap.

Explanatory Videos

Interlay in 1 Minute

<iframe width="560" height="315" src="https://www.youtube.com/embed/h_LZhiS6Gho" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

Recommended videos:

For more videos, check out the Interlay YouTube channel

Networks

Interlay Mainnet

Substrate chain, secured by Polkadot's PoS as a parachain. 12-second block times, ~1500 transactions per second.

Kintsugi (Canary network)

Canary network (experimental network with real economic value). Substrate chain, secured by Kusama's PoS as a parachain. 12-second block times, ~1500 transactions per second.