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Celo Optics Bridge

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Total Value Locked (USD)

1 751 782

24h Volume

0

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.

Supported currencies

Limits

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)

Bridge Token

Bridge token wasn't found. If you have any information, please, contact us [email protected]

Smart Contracts

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?

Celo’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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