ATTENTION OMNIBRIDGE USERS & DEVELOPERS BUILDING ON THE AMB
Succinct’s Ethereum ZK Light Client To Secure $40M+ TVL on Gnosis Chain’s OmniBridge
Eight months ago, Succinct announced the first demo application that uses their unique implementation of “proof of consensus” for Ethereum: a bi-directional bridge between Goerli testnet and Gnosis Chain.
Our first demo! Try the Goerli Gnosis Chain Bridge
https://www.telepathy.xyz/
Almost a year later, we are extremely excited to announce the significant security upgrade for Gnosis Chain’s OmniBridge. Succinct’s Ethereum ZK light client will be officially integrated soon to secure the Gnosis OmniBridge on Mainnet! Over $40M TVL and >$1.5B in stablecoin asset flow to date will be secured by Succinct’s ZK Proof of Consensus for Ethereum.
WHAT DOES THIS MEAN FOR USERS
While plans are in place to upgrade all of our native bridges, only OmniBridge users need to be aware of the zk light client integration.
Transactions will now be verified by the zk light client on the OmniBridge. Ethereum finality and proof of generation will take approximately 20 minutes for each bridged transaction. Users requiring faster transaction times should seek 3rd party bridge solutions.
Connext https://bridge.connext.network/
Hop https://hop.exchange/
LiFi https://jumper.exchange/
Please stay tuned for more detailed information including the hard date and time for when the OmniBridge zk light client integration will go live!
We share Succinct’s belief that the next era of cross-chain bridging between different L1 blockchain ecosystems will be powered by zk light clients. We are excited to implement their zero-knowledge proof technology to secure the Gnosis Chain OmniBridge. If you love zero-knowledge proofs and bridges, go try out the OmniBridge and bridge to Gnosis Chain!
OmniBridge: OmniBridge
ZK Validator Docs: Telepathy Validator Documentation - HackMD
Open Source Repo: GitHub - succinctlabs/telepathy-contracts: Smart contracts for the Telepathy protocol