Learn how Native Token Transfers enables tokens to be natively multi-chain while ensuring flexibility and security and integration with Wormhole's stack. Including a live demo from Nikhil Suri on deploying NTTs using the NTT CLI
Follow Nikhil Suri here: / nsuri_
About the Encode x Wormhole Educate series:
Encode x Wormhole Educate is a 4-week programme consisting of seven workshops covering Wormhole, the leading blockchain interoperability platform. Starting from its basic role as a message passing protocol, the programme will cover various topics, such as dApp building, cross-chain messaging and relayers, token transfer, queries and more! This programme is free and open for everyone, no matter their professional or educational background and level of coding knowledge. Read more here: www.encode.clu...
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Here's what was covered
1. Requirements and Capabilities
What are the requirements for a token to be transferable as an NTT?
How can custom tokens with unique features be transferred using NTT?
2. Development and Deployment
What is the difference between testnet and devnet?
Can we utilize Wormhole to build generic token bridges, and if so, with what technology?
What are the available NTT modes, burning and bridge?
How do you deploy using NTT CLI?
00:00 Introduction and Session Overview
01:08 Introduction to Native Token Transfers (NTT)
02:00 Current State of Cross-Chain Messaging
08:48 NTT Framework and Benefits
15:07 Security Features of NTT
27:30 Live Demonstration of NTT Transfer
38:47 Custom Tokens and NTT Integration
39:54 Deploying NTT on EVM Chains
01:03:51 Questions
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About Wormhole
Wormhole is the leading interoperability platform powering multi-chain applications and bridges at scale. Its suite of open source protocols is being used by developers of over 200 applications and more than 1 million unique wallets to move various types of data across 30+ blockchains.
​The Wormhole platform has handled over 1 billion secure multi-chain messages for applications and teams like Uniswap, Circle, Lido, Synthetix, Pyth, and more. Read more here: wormhole.com/
About Encode Club
Encode Club is a global community of top developers, professionals and talented students in Emerging Tech. Through leading educational programmes such as hackathons, bootcamps and accelerators we help you advance your career and work with transformative companies. Read more here: www.encode.club/
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