1/ $ATOM | Voting Proposal: Deployment of Gravity Bridge on the @Cosmos Hub ⚛️
Gravity is a completely non-custodial & cross-chain bridge to transfer assets between the Cosmos ecosystem and other heterogeneous blockchains like Ethereum, Polkadot, etc.
No centralised key owners.
2/ $ATOM | Bridge Run by the Validators of the #Cosmos ⚛️ Hub
It’s good to note that transactions will be batched like in the GravityDEX making them faster and cheaper to execute.
Technical details on how the cross-chain transfers of the bridge work 👇
3/ $ATOM | Bridge Components
Gravity consists of 4 parts:
•#Ethereum contract called Gravity.sol
•Gravity Cosmos module
•Orchestrator program run by Cosmos validators alongside the Gravity module
•A market of relayers, who compete to submit transactions to $ETH
4/ $ATOM | Governace
The Gravity bridge is designed with the assumption that the total amount of funds in Gravity.sol is less than the value of the validator set’s total staked tokens.
An undergoing audit with Informal Systems estimated to be completed by the end of July, 2021.