Weekly update 2020-01-07

[mfornet]

Video

The video of the call is available here.

Status, current goal

Bridge 1.0 (existing bridge), token connector (ERC-20 -> NEP-21) are in the final testing phase. Going to be deployed to mainnet today. Plans: January 15 changes in the governance of upgradability. NEP-21 -> ERC-20 is disabled and being tested at the moment.

Bridge 2.0 is under development. Bridge 2.0 is cheaper, much less error-prone.

Proposal: Bridge 3.0 that involve modifying NEAR consensus and will be even cheaper than bridge 2.0 and transaction finalization will be faster.

Weekly update

Eugene Kapun

• Working version 2 of the bridge
• Discussion about changing NEAR consensus to make bridge pessimistic/more efficient

Chad Ostrowski

• Design of frontend for bridge 95% implemented
• Transfers using old interfaces, should be updated soon

Marcelo Fornet

• Writing on call book
• Adding metrics to monitoring for the bridge
• Working on test for upgradeability

Alex Skidanov

• Proposal: Move part of the bridge to nearcore so bridge can work pessimistic and the cost will be cheaper.

Discussion

Proposal for bridge 3.0 by @SkidanovAlex #447