Weekly Dev Update #1

THORChain

2019-07-28 — 3 min read

Report

Overview

BEPSwap Development

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

Cosmos-powered SDK StateChain

Cross-chain infrastructure

Threshold Signature Scheme implementation

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:

Wallet Connect
Leaderboard
Metrics
Telegram Bot (@runevaultbot)

RUNEVault is open sourced:

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: