Advertisement
hornedcommando

Stargaze Twitter Space 3/23/2022

Mar 23rd, 2022
214
0
Never
Not a member of Pastebin yet? Sign Up, it unlocks many cool features!
text 1.67 KB | None | 0 0
  1. Stargaze Bridge Notes:
  2.  
  3. some are centralized, some are less centralized, no perfect bridge only pros and cons
  4.  
  5. prefered solution for dev is different bridge for each eco-system, this avoids the con
  6. of having different types of bridges i.e. grav-eth.
  7.  
  8. Wormhole is known for bridging selana, no active bridge for osmo or atom
  9.  
  10. people want to bridge from eth to Atom.
  11.  
  12. don't need one bridge for everything, more like one bridge per token
  13.  
  14. bridge for stargaze: planning on being Grav they like the decentralization.
  15.  
  16. they like that grav is a small and nimble team, very active.
  17.  
  18. overall experience with Grav: very active support, helpful community, lots of teams forking
  19.  
  20. how do we get NFT's over to Stargaze, Grav wants to be a one stop shop, an Omnibridge
  21.  
  22. Axelar is way expensive, $134 base transaction fee.
  23.  
  24. Upgradeable contract opens things to security flaws.
  25.  
  26. about when can we expect the bridge: a little bit after the marketplace, a month or 2?
  27. May or June then
  28.  
  29. preserves all metadata and mints an equivalent NFT on the Stargaze side.
  30. sent to the bridge, locks it, mints an equivalent. to get it out it is burned on the
  31. stargaze side and is released.
  32.  
  33. a vote will go out, we don't know for sure who is going to be the next bridge for osmosis
  34.  
  35. when it is wrapped it does not necessarily have the same ownership, ideally there is
  36. an nft standard where one NFT is recognized across all chains, if your NFT is being
  37. held then it does not necessarily belong to you.
  38.  
  39. nothing will be on a centralized exchange, maybe junoswap pool.
  40.  
  41. Stargaze can be sent to the etherium side, and they become an etherium wrapped stargaze
  42. it's so new you can't really do anything with it.
Advertisement
Add Comment
Please, Sign In to add comment
Advertisement