A Better Mental Model for Rollups, Plasma, and Validating Bridges
Duration: 00:26:42
Speaker: Patrick McCorry
Type: Talk
Expertise: Beginner
Event: Devcon
Date: Oct 2022
Sidechains, Plasma, Rollups, Valdiums, AnyTrust, PoS chains, Crypto Exchanges, all have one thing in common: the bridge. This talk provides an overview on the trust assumptions, threat model, security goals and solutions associated with the humble bridge smart contract. As we will see, rollups emerged because of the scalability bottlenecks faced by Ethereum, but the product-market fit is solving the operational security issues for bridging funds from Ethereum to an off-chain system.