Weekly Dev Update #1

THORChain Weekly Dev Update for Week 21–28 June 2019

THORChain

— 2 min read
Weekly Dev Update #1

Overview

BEPSwap Development

The team are working on 4 parallel streams of effort to deliver BEPSwap, which remains the primary focus.

  1. Cosmos-powered SDK StateChain
  2. Cross-chain infrastructure
  3. Threshold Signature Scheme implementation
  4. Front-end Integration for BEPSwap

StateChain

  • Begin porting over instaswap blockchain and refactor
  • Add definition of PoolUnits and StakeUnits to decouple staking from pool balances
  • Enable staking, swapping and double swapping
  • Improvements to Rest interface

Cross-chain Infra

  • Connect Binance Chain websocket to observe pool addresses
  • Build redundancy into web-socket service to improve reliability
  • Follow-up logic to retrieve transaction memo from Binance Chain transaction API
  • Transaction signing using Binance Chain Go-SDK

Threshold Signatures

  • Implement 2 of 3 TSS and benchmark (based on Genarro-Goldfeder)
  • Implement 8 of 11 TSS and benchmark
  • Optimisations for Multi-party computation (MPC)
  • Coordinated networking for MPC
  • Deterministic signing order protocol

Front-end Integration

Framework set up:

  • React / Redux / Redux-Saga
  • Ant Design
  • Styled-components
  • React-Intl
  • Storybook
  • Jest / Enzyme for Unit Test
  • ESLint / Prettier for Code Linting
  • GitLab CI
  • Firebase Hosting

OpenSource

The project repositories are currently closed-source to allow the team sufficient time to build a strong base, but will be open-sourced with bug bounties in the next month.

Other Development

RUNEVault was launched based on a suggestion from the community, but due to the level of engagement from the community, the team are now devoting extra resources. Upcoming efforts:

RUNEVault is open sourced:

thorchain/runevault-ui
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THORChain

THORChain’s bridging infrastructure is heavily dependant on the success of the TSS implementation on BEPSwap, so BEPSwap will deliver invaluable learning experience for the team. ASGARDEX will borrow heavily from the UX feedback from BEPSwap as well, so it is important to focus heavily on a successful launch of BEPSwap.

Ongoing research is being done about how to speed up and secure the TSS implementation, such as this recent paper which describes a secure MPC protocol to perform a full-threshold n-party computation over a subgroup of an elliptic curve group:

https://eprint.iacr.org/2019/768.pdf

Upcoming

This week has the following activities planned:

  • Statechain: integrate and test using Binance Chain addresses.
  • Cross-chain infra: deliver a PoC with redundant processes.
  • Statechain: test and implement withdrawal logic.
  • Frontend: deliver a MVP with core UI components complete
  • RUNEVault: improvements as discussed above.

Timelines

The team are working for these milestones. These timelines are indicative, but it is important for the team to work to deliver with high productivity and constant community feedback.

RUNEVault:

  • Shipped Mainet on-time

BEPSwap:

  • Testnet August 2019 on-time
  • Mainnet September 2019 on-time

THORChain:

  • Testnet Q1 2020 on-time
  • Mainnet Q2-Q3 2020on-time

Community

To keep up to date, please monitor community channels, particularly Telegram and Twitter:

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