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The original was posted on /r/nanocurrency by /u/justbc on 2024-01-05 05:46:28.
This is a potential solution to bridging XNO into the world of smart contracts in a decentralized trust-less manner.
I actually thought that ICP was a scam, but their recent push into the inter-blockchain space with chain-key cryptography has made me think otherwise.
Essentially chain-key coins are much safer to use than wrapped assets (eg wBAN) because c-k coins are non-custodial. There may be some risk in trusting the host chain, in this case ICP, however.
At the moment I haven’t researched as to whether there is a technical blocker to ckXNO on ICP, but if it is possible, I think this could open up a lot more possibilities to interacting with the greater blockchain space.
Your thoughts?