Connor Howe: Building the Onchain Execution Engine with Enso Network
Episode publishedPodcast: The Delphi PodcastThe Delphi Podcast
Transcript preview
Preview only
You're now plugged in to the Delphi podcast. Everyone, and welcome back to another episode of the Delphi podcast. I'm Ashwath, the head of consulting at Delphi, and I'm joined by Connor Howe, the CEO and founder of Enzo, and Neil, who's a part of Delphi's DeFi research team and has spent a significant amount of time looking at Enzo and has even written a report about them. If you've been in DeFi, you've probably heard of Enzo in some capacity. They were a pretty crucial part of Beta Chains Boycode rollout and were pretty much responsible for all of the DeFi execution that happened through that
Yeah, for sure. Thanks very much for having me on today. It's a great honor and great to work with the Delphi team as as per usual. So I'm Connor Howe, the cofounder of Enzo. I've been building in crypto full time for the last nine years, So I started in 02/2016. Prior to that, I explored Bitcoin in 02/2013. Was maybe into it for a year, kinda fell off the map a little bit. And then in 02/2016, I actually found out about crypto from my university professor. So it was my last year in uni. You have to do like a thesis or a dissertation in Scotland. And there was a post about, you know, Bitcoin.
Nice. That makes sense. I think your background writing smart contracts in the early days probably fueled a big part of the vision towards what Enzo has become today, which is an abstraction tool, I guess, for developers. Something that I've been very interested in for the last couple of years is this, let's say, overarching narrative of chain abstraction, or to put it in simple terms, just being able to create layers of abstraction that make the UX for the end user as simple as possible and just basically push all of the complex stuff, the realities of the on chain world to the back somewhere
It's a great question. There's over 1,000 plus blockchains that live today. On Ethereum alone, there's over 43,000,000 smart contracts. If we expect developers to choose an isolated chain and to spend months of work and hundreds of thousands of dollars, we estimate minimum at six to eight months for an MVP to release with a minimum cost of half a million dollars over dev, dev overhead, audit costs, so forth and so forth, they're not able to really test their ideas and release. We can't be expected as an ecosystem for people to isolate the one chain or just become integration dev shops. It's li
You mentioned how a lot of ways in which you think about Enzo is very similar to how web development works. And one thing that you kind of usually come across is like the number of clicks that a user needs to do to kind of get the task that they want to get done, Right? In crypto, potentially when I'm doing a transaction which involves a bunch of chains, there's probably like tens of clicks that I need to do. So everyone's more or less aware about like how you guys have done the RoiPo campaign. But I was very curious to understand like what kind of things our developers built in which you guys
Yeah, that's a great question. Maybe I can give you a bit of insight on the Boikoroyko stuff for Baruchain. One of the largest DeFi launches and chains of this whole cycle. They had had an incentive mechanism for depositing funds on Ethereum, and those funds needed to be migrated from Ethereum to bear chain and then executed into all of the brand new protocols that didn't exist up until the chain was live. And somebody has handled all that execution underneath. And these executions were, you know, not just swapping from token a to token b, who were bridging, then lend, then borrow, leverage lo
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.