[DRAFT] [GF: Phase 1 Proposal] Light Client Proxy bridge for Optimism

ARCHIVED & OLD Missions Governance Fund: Phase 1
1

Project Name:
Developing Light Client Proxy bridge for Optimism

Author Name:
Daiki Ishikawa @Datachain
(https://www.datachain.jp/)

Number of OP tokens requested:

To be determined

L2 Recipient Address:

To be determined

Optimism alignment (up to 200 word explanation):

We’ ve been addressing interoperability issues and partnering with ICF, Harmony etc to build bridges based on Cross-Authentication.
(Datachain · GitHub)

And today, we are developing LCP Bridge which is the most secure ever, gas-efficient and high extensibility using TEE(e.g. SGX)

Key features are Ultra Gas-efficient, Relay(On-chain verification) and Extensible & IBC Support.

LCP could enable Optimism users to exit their funds into Ethereum securely without a challenge period using LCP.

Please check this proposal https://docsend.com/view/ygmgy2fc8feu82ae

We believe that LCP can make this multichain world more secure and more convenient.

Grant Requirements

We would like you to consider the following partnership possibility.

  1. Efforts to make transactions through LCP maximized.
  • Seamless user flow to LCP bridge
    1. links from the bridge page, user support page etc
  1. Co-building a transfer bridge Interface
  2. Co-building bridge applications besides just token transfer
2

Hello @daiki can you please go into more details in your proposal?

  1. The template is missing some sections.
  2. Don’t expect us to read a pitch deck. Please put it all in the forum.
  3. Explain in a few words what it is you want to fund with this grant and why it is of use to Optimism
  4. Have a budget plan for it with details on all expenses
  5. Using (4) come up with an amount of $OP tokens to request.
2 Likes
3

Highlights:

  • This proposal lacks more description.
  • Be clearer about the funds requested and how they will be used.
  • Provide more information about the project.
  • Provide more information on the value added to Optimism.
1 Like
4

Thanks for your feedback. I will fill up more details. allow us to take some time. thank you.

1 Like
5

Just checking in to see if you would like this proposal to be evaluated in Voting Cycle #6 according to the updated grant proposal template?

1 Like