Celo Optics Bridge
Bridge Developer: Celo
Audit: FTI Consulting
Brief description of the bridge
Optics is a new design for radically cheaper cross-chain communication without header verification. We expect operating Optics to cut 90% of gas costs compared to a traditional header relay. To accomplish this, we took inspiration from optimistic systems (a la Optimistic Roll-ups). Optics features many of the features we prize in an optimistic mechanism, like public verification, low gas fees, broad participation, but has a slightly different security model. Optics will form the base layer of a cross-chain communication network that provides fast, cheap communication for all smart contract chains and rollups. It relies only on widely-available cryptographic primitives (unlike header relays), has a latency of a few hours (rather than an ORU’s one week latency), and imposes only about 120,000 gas overhead on message senders. Note: Optics is a new cross-chain protocol that is currently in a beta release phase. Please only bridge funds that you feel comfortable deploying in an experimental system.
Limits wasn't found. If you find it, please, contact us to [email protected] (include the name of the bridge in the subject line of your e-mail)
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Ethereum network - 0x6a39909e805A3eaDd2b61fFf61147796ca6aBB47
Audits and Exploits
This bridge was audited by FTI Consulting so you can find these documents here. Any exploits or bounty-program wasn't found.
What is Polygon?
Polygon is actually a layer-2 scaling solution whose main objective is to convey mass adaptation to the Ethereum platform. Polygon brings Layer-2 scalability to Ethereum with its multi-chain ecosystem. It drastically improves the overall efficiency and workings of the Matic network. The main aim is to create more and more solutions to scalability.https://polygon.technology/
What is Celo?
Celoâ€™s aim is to empower anyone with a smartphone anywhere in the world to have access to financial services, send money to phone numbers, and pay merchants -- on a decentralized platform that is operated by a community of users. To achieve this, Celo is a complete stack of new blockchain software, core libraries that run on that blockchain, and end user applications including a Wallet app that communicate with that logic.https://celo.org/
What is Ethereum?
Ethereum is both a blockchain network, an application platform, and a full-fledged programming language. The goal of the project is to create and publish distributed applications that do not require third party trust.https://ethereum.org/en/
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To start working with this bridge, you should have installed some wallet extensions. On this bridge there're: MetaMask, WalletConnect or Cello Wallet.
You can also take a more detailed look at the official FAQ section.
1. You need to have wallet extensions installed for each network you plan to interact with. On this bridge available wallets are: MetaMask, WalletConnect and Cello Wallet.
2. You need to have some amount in the native network token to pay the network fees.
3. Connect wallets to the bridge site.
4. Make sure this bridge supports the token you want to transfer and only then you should start the process.