Background
For a long time, bridges were viewed only as value transfer protocols and custodians responsible for locking assets on the source chain and issuing wrapped representations of the assets on the destination chain. The deBridge protocol drastically expands the concept of traditional bridges by introducing generic cross-chain message transfers. Now developers and builders can interconnect any smart contracts across different blockchains to perform transfers of data and transaction calls (messages that contain instructions to be executed, or CALLDATA) together with the value transfer in the same transaction. This opens up endless opportunities to build complex cross-chain interactions, such as multi-chain applications, next-layer protocols, automated cross-chain arbitraging services, object or NFT bridges, and more! As a generic messaging protocol and a cross-chain interoperability infrastructure, deBridge can be used to build any arbitrary cross-chain applications (deApps). Notable solutions built on top of deBridge are:- deBridge Liquidity Network (DLN) — a high-performance cross-chain value transfer infrastructure built on deBridge with 0-TVL design (no liquidity pools).
- dePort — a native bridge for assets that allows protocols to bridge tokens and create utility for their synthetic representation (deTokens) in other chains.
Protocol Structure
The protocol consists of 2 key layers:- Protocol layer — on-chain smart contracts deployed in every blockchain supported by deBridge
- Infrastructure layer — off-chain validation nodes operated by validators who are elected by the deBridge governance
Off-chain validation
For all bridging protocols, it’s important to have a chain-agnostic design and make the protocol operation fully independent of the uptime of all supported blockchains. In case of downtime in any underlying blockchains, the protocol should keep processing the transactions for all other chains. deBridge has taken a unique approach with an off-chain transaction validation mechanic where validators don’t need to broadcast any transactions and bear gas costs. Every cross-chain transaction initiated through the deBridge smart contract is assigned a unique hash (Submission Id). deBridge validators are tracking all transactions that pass through the smart contract of the protocol and soon as the transaction achieves its finality, each validator is obliged to sign the Submission by its private key. The resulting signature is saved into Arweave, a decentralized data availability layer. Any arbitrary user or keeper can collect validator signatures from Arweave and pass them to the DebridgeGate smart contract in the target chain alongside all transaction parameters. Based on the passed set of parameters, the deBridge smart contract will restore a unique hash of the transaction and cross-validate its signatures from all designated validators. In case the minimum required number of signatures is valid, the DebridgeGate smart contract delivers the message on the destination chain by executing its’ call data. With this design, even in the eventuality that some blockchains experience downtime, deBridge will still remain fully functional and all transactions going to the paused chain will be processed as soon as it resumes operation.Transaction Finality Requirements
Due to the probabilistic finality model of most blockchains, before the message is validated by the deBridge infrastructure, validators wait for the required number of block confirmations before signing its Submission Id. The number of required block confirmations is based on the social consensus of transaction finality in each supported blockchain.Delegated Staking and Slashing
Validators play a crucial role in interoperability protocols since in addition to being infrastructure providers, they also secure the protocol by validating all cross-chain transactions passing through the protocol. Validators work for and are elected by the governance and should bear financial responsibility for the service they provide, assured through the risk of being slashed in case of validating a non-existent transaction or failing to maintain infrastructure uptime. Anyone can help to secure the protocol by becoming a delegator and staking assets (e.g. ETH, USDC) for validators’ collateral. Both validators and their delegators receive part of the protocol fees as an economic incentive for helping to secure the protocol and maintain its infrastructure.How it works
deBridge is DeFi’s internet of liquidity — a foundational layer that enables users and protocols to transport any arbitrary messages or CALLDATA across different chains enabling the ability to create any cross-chain solutions, such as deSwap — value transferring protocol built on top of deBridge.
- Cross-chain swaps
- Multi-chain governance
- Cross-chain lending
- Cross-chain yield farming