This project is a bridge connecting the Astar/Shiden network(based on Substrate) and the Binance Smart Chain ( based on Ethereum ), and the improvement of the bridge method.
The bridge enables transferring and receiving assets using the chain bridge for the two blockchains.
More precisely this bridge will maintain 1:1 pegging of the assets cross-chain.
In addition, we research several methods for a bridge to figure out the pros and cons in each mehotd and improve it.
What we Do in the Bridge
Goals:
Develop a bridge between Astar/Shiden and Binance Smart Chain.
Research bridge methods, and figure out the problems of each method.
Solve the problems of the methods and improve it.
Team
Stir operates validator nodes or candidate nodes in sereral blockchain such as Polkadot, Cosmos, Symbol, and so.
At milestone2, would it be possible to polish the UI of milestone1?
Of course, we’d do it.
At the end of milestone1, we’ll point out issues found in the development and acctual usage.
At milestone2, we’ll work on solving the issues and improving the UI/UX, as well.
Thanks a lot for your proposal.
We are interested in this bridge. Could you share your vision of the bridge you want to build compared to those you mentioned in ‘Phase 1’? Currently we can transfer assets from BSC to Shiden with AnySwap.
Thank you for your comments.
According to our research so far, Chain-bridge-core is most likely to be applied to the implementation of our proposal.
In our local development, the assets transfer using Chain-bridge-core between BSC and Shiden has several challenges, so we think it worth working.
Various methods have been made public to transfer assets, and each method has its feature and original implementation.
We think it is important to improve and stabilize an ecosystem, and coexistence of various token transfer methods , such as AnySwap , Chain-Bridge-core, and so, would be helpful for it.
First I planned to focuse on the investigatation,
but according to our preliminary survey, we noticed the implementation at least one bridge is important as same as the investigation.
So we’d like to execute both the investigation of various bridge methods and implementation using chain-bridge-core at the first milestone.
Our team has five experienced members, and I think 3 months is enough a period to achieve them.
I discussed @moonme 's suggestion with teamates, and finally we agreed with the suggestion.
As he mentioned, we think the critical part is the optimization as well.
So how about changing the period and grant in each phase as below?
Phase 1: $20k (Investigation) in approx. 2 months
Phase 2: $40k (Optimization) in approx. 4 months
Investigation in Phase 1 would include document research, code reading, and minimum developments and implementations for Phase 2.
@Maarten@sota Sorry for the late reply, I noticed the latest message right now.
We made a survey for SDN and BSC Bridge including the regulations related to the bridge.
We also made a Bridge on testnet and the tutorial for it.
Althogh it took more time than we expected, please read and check the document, and try the bridge.