Interpretation of Trust Minimization Middleware by Distributed Capital Researcher: Consensus Verification and Bridging

Distributed Capital researcher's view on Trust Minimization Middleware: verifying consensus and bridging.

Researcher BallsyAlchemist from Distributed Capital wrote an article analyzing the meaning of trust minimization, why zkBridge has not yet implemented trust minimization, and how to achieve complete consensus verification through ZK light clients.

Succinct, Celer Network, Polymer Labs, LayerZero Labs, and Wormhole have all built zkBridges in different ways, but they have different views on interoperability. For example, Succinct, Celer, and Wormhole rely on ZK light client consensus proof to verify the consensus of origin chain A on destination chain B, while Polymer tries to establish a zkIBC center to achieve a similar IBC experience on any chain. However, most of the security assumptions of zkBridge are based on light clients, which means that the security of zkBridge is equivalent to that of light clients, but far less than L1 security.

How secure is a light client based on synchronous committees? I think synchronous committees are not secure for several reasons: 1) validator distribution bias among node operators: if a node operator is running validators A, B, C, and D, and finds that A is compromised, the probability of collusion between B, C, and D will increase, so it is not independent or uniformly distributed; 2) coordination risk without time limit: 27 hours is long enough for synchronous validators to collude; 3) lack of replicability of consensus =>N security is not high.

So how do we solve this problem? My suggestion is to perform full consensus verification by verifying every signature of all validators, and with the abstract of on-chain verification of BLS signatures by ZKP, we can establish a ZK light client that truly executes complete consensus verification in a trust-minimized manner. In addition, there are three possible methods to effectively generate consensus proof for about 600,000 validator signatures, including recursive composition method, commitment-based method, and folding-based method.

Reference: https://twitter.com/ballsyalchemist/status/1664270746506637312

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

Nine New Spot Bitcoin ETFs Accumulate $4 Billion in BTC

Nine new Bitcoin ETFs have successfully acquired a total of over 100,000 BTC, with a combined value of $4 billion in ...

Blockchain

Reviving FTX SEC Gives Green Light for a Compliance-Focused Comeback

Possible Approval for FTX Revival from US SEC Depends on Adherence to Regulatory Guidelines by New Leadership.

Blockchain

FTX’s Redemption Plan: A Second Chance for Crypto Dreamers

FTX announces revised plan to reimburse creditors affected by bankruptcy with significant payouts.

Blockchain

The zkLINK Community Sale: A Deeper Look into the Future of ZKL Tokens 🚀🔍

The upcoming zkLINK community sale presents an exciting opportunity for participants to acquire 31.25 million ZKL tok...

Blockchain

Uniswap Unveils Android Wallet: Grab Your Coins and Ride the Crypto Wave!

Uniswap, the decentralized crypto exchange, released an exclusive beta Android version of its wallet app on Thursday,...

Market

Bitcoin Rockets Towards $29K as Fidelity Amends Spot Bitcoin ETF Proposal

Bitcoin sees surge in price and trading activity as Fidelity and others make edits to proposals, anticipation for app...