[$1000 XRP] Bifrost - XRP, ETH & ERC-20 bridge over Interledger Protocol

[warpaul]

"Bifrost"

XRP, ETH & ERC-20 bridge over Interledger Protocol

Hackathon

Gitcoin Sustain Web3 - https://hackathons.gitcoin.co/sustain-web3/

Prize Bounty

$1000 in XRP

Challenge Description

In ancient Norse Mythology, and more recently popularized by Marvel in Thor, Bifröst is a burning rainbow bridge that interconnects Midgard, the realm of the humans, and Asgard, the realm of the gods.

Xpring, much like the ancient Norse long before them, believes that in order for blockchain to reach mainstream adoption, there needs to be more interoperability between the siloed blockchain networks.

What if David Schwartz, the Chief Architect of the XRP Ledger, wanted to send XRP to Vitalik Buterin, the Creator of Ethereum, but Vitalik only wanted to receive ETH?

What if Vitalik, upon receiving that ETH, wanted to send ETH to Mike Belshe, Creator of HTTP/2 and CEO of BitGo, but Mike only wanted to receive WBTC?

What if Mike, upon receiving that WBTC, wanted to send WBTC to Brendan Eich, Creator of JavaScript and Co-founder of Brave, but Brendan only wanted to receive BAT?

and on and on...

How would these crypto pioneers achieve such a feat, without relying on exchanges?

Using Interledger Protocol (ILP), we challenge the Sustain Web3 virtual community to build a bridge (like Bifröst), that interconnects the different worlds of XRP, ETH and ERC-20 tokens.

Resources

Xpring engineers will be available to answer questions and provide project guidance on the following public Gitcoin channel: xpring-bifrost-challenge

Test Networks

• XRP Ledger Testnet Faucet - https://xpring.io or https://xrpl.org/xrp-testnet-faucet.html

• Interledger Testnet - https://xpring.io/ilp-testnet

Core Protocols

• XRP Ledger - https://github.com/ripple/rippled

• Interledger (specs) - https://github.com/interledger

• Interledger (Java) - https://github.com/interledger4j

• Interledger (Rust) - https://github.com/interledger-rs

Interledger Settlement Engines

• RFC - https://interledger.org/rfcs/0038-settlement-engines/
• Rust - https://github.com/interledger-rs/settlement-engines
• JavaScript - https://github.com/interledgerjs/settlement-xrp

Core Libraries

• Xpring SDK - https://github.com/xpring-eng/Xpring-SDK

  • Xpring SDK Java - https://github.com/xpring-eng/xpring4j
  • Xpring SDK JavaScript - https://github.com/xpring-eng/xpring-js
  • Xpring SDK Swift - https://github.com/xpring-eng/xpringkit

• XRP API - https://github.com/ripple/xrp-api

• ripple-lib - https://github.com/ripple/ripple-lib

• Web Monetization - https://webmonetization.org/docs/api

Submission Requirements

A valid submission will be able to successfully demo (testnet ok) a payment originating in XRP, bridging over ETH and at least 3 ERC-20 tokens using Interledger Protocol (ILP).

ex: XRP to ETH to WBTC to BAT to ZRX to ???

We really love user interfaces, and the designers that build them, but UIs are not required (although appreciated!) for this Challenge. If time becomes a constraint, then we'd rather see more resources spent on getting the underlying settlement details correct.

Tie breaker awarded for the project that is able to demo this flow over an Ethereum Layer 2 network (see

Bonuses for adding more than 3 ERC-20 tokens.

Submission Deadline

11:59am EST on Tuesday the 12th of February.

Judging Criteria

Judges will evaluate based on the following criteria:

• project completeness
• complexity of implementation
• number of token "hops" along the bridge

Winner Announcement Date

Judges from Xpring will be announcing the winners of the Bifröst Challenge on Wednesday the 13th of February.

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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This issue now has a funding of 0.001 DAI (0.0 USD @ $1.0/DAI) attached to it as part of the xpring-eng fund.

• If you would like to work on this issue you can 'start work' on the Gitcoin Issue Details page.
• Want to chip in? Add your own contribution here.
• Questions? Checkout Gitcoin Help or the Gitcoin Slack
• $87,888.41 more funded OSS Work available on the Gitcoin Issue Explorer

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work has been started.

These users each claimed they can complete the work by 2 years ago.
Please review their action plans below:

1) artemfrantsiian has started work.

Will work with a team in our R&D

Learn more on the Gitcoin Issue Details page.

[ClarenceL]

Are you guys extending the deadline? The issue still shows active.

[ArtemFrantsiian]

@warpaul we have the result of this issue, you can see it via this link https://github.com/482solutions/bifrost

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work for 0.001 DAI (0.0 USD @ $1.0/DAI) has been submitted by:

1. @artemfrantsiian

@alexvotofuture please take a look at the submitted work:

• PR by @ArtemFrantsiian

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• Learn more on the Gitcoin Issue Details page
• Want to chip in? Add your own contribution here.
• Questions? Checkout Gitcoin Help or the Gitcoin Slack
• $124,115.93 more funded OSS Work available on the Gitcoin Issue Explorer