MineBridge Core Expansion
From the outset we have taken a product-led marketing approach and will continue to lead with product. To that end, we’re sharing here the primary product roadmap for RuneMine by MineLabs, split into three distinct phases.
Timeline is estimated and lays out the general vision for the MineLabs roadmap and may be subject to change.
Phase 1: Evolution
(Estimated Q4 2024 - Q1 2025)
Focuses on initiating the decentralization of the MineBridge with Multi-Party Computation (MPC)/Threshold Signature Scheme (TSS) and increasing the number of trusted validators.
Evolution emphasizes growth and security, beginning with a careful selection of validators based on their reputation and monetary stake, similar to Chainlink’s model.
The process involves validators independently verifying and signing off on transactions before a majority consensus approves bridge transfers.
Phase 2: Odyssey
(Estimated Q1-Q3 2025)
Broaden the validator network and enhance connectivity between Solana, Bitcoin, and additional ecosystems, lay the groundwork for BitVM2 implementation.
Research and development focus on signature sharing solutions and integrating more complex blockchain environments, including direct developments on Bitcoin’s integration challenges through multisig and TSS solutions.
Phase 3: Ascension
(Estimated Q3-Q4 2025)
Full transition to BitVM2-based bridging solution.
Marks the transition to a fully decentralized bridging solution using BitVM2. Ascension involves deploying a bridge based on the BitVM2 design, enabling us to reduce the amount of trust imparted on bridge operators, and optimizing the system to handle cross-chain transactions more efficiently.
The goal is to establish a permissionless and trustless framework for asset transfers, positioning Solana as a leading Layer 2 solution for Bitcoin-related transactions.
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