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1_Optimistic_EVM_Bridge.md

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Moonshot #1: Optimistic EVM Bridge:

Participants:

Multiple participants are allowed and encouraged. Competitive or collaborative participants receive equal rewards.

  • Iqlusion Inc. (3/2022)
  • Coin1111 (3/2022)

Reward Cap: 3,000,000 GAS Coins. 6% of Moonshots Funds. 0.3% of 0L Network supply.

Brief:

Chain interoperability is critical to the success of layer-1 blockchains in the coming decade. Bridges may be third-party infrastructure themselves (wormhole), on-chain protocols (Nomad), or be protocol level (IBC in cosmos). What is the minimal bridging service which 0L validators can provide, to the most chains?

Plausible Solutions:

0L's strategy is to have bridges be part of the service offering of the Layer-1, meaning that the security of the chain is provided by the 0L validators.

There are multiple strategies in bridging: on-chain light clients, zkp rollups, or optimistic. Optimistic bridges are the lowest hanging fruit and demonstrated to work across multiple EVM chains.

Evaluation and rewards:

  • 200,000 - Plan - Develop a plan and roadmap.
  • 200,000 - Prototype - Create the Move and EVM contracts and transactions
  • 200,000 - Features Development - Create the tooling necessary for the transactions to be issued on both sides of the bridge.
  • 400,000 - MVP - Include bridge registration and escrow deposits.
  • 100,000 - Ship - AUDITS! Merged to a mainline 0L branch.

Milestones: