Dev Log #14

Following on from our previous Dev Logs, our current focus now is in the preparation for the initial parts of our launch sequence targeting between four to five weeks from now. In a separate post we will provide further details as to what to expect ahead of launch, however, from a technical perspective we are continuing the final QA and features testing for Picasso and Pablo. We have finalized our IBC KSM<>DOT bridge from a coding perspective, which is now undergoing audits with the first testing scheduled from next week. The XCVM team now are full steam ahead with regard to the MVP after a successful demo at CosmoVerse.

Bridging

We have wrapped up all the respective components for the IBC KSM<>DOT, with audits of the GRANDPA light client, IBC pallet, and IBC-rs now underway. Likewise, our Hyperspace relayer is complete and undergoing final code review. We have also implemented a contest-state process to our relayer, called Fisherman. With this system, Fisherman bots can watch for byzantine faults and prevent malicious IBC messages from being relayed. You can read more about our philosophy here:

Now, the team is fully focused on the initial tests in our testnet environments. Given that the bridge will be between both a KSM and DOT parachain, and that there exists only one Rococo public testnet for parachains, we are devising a novel approach to recreate this parachain<>parachain communication in testnet. Stay tuned for more updates soon!

Outside of the DotSama ecosystem, we’re making good progress on opening up bridges to the cosmos ecosystem and NEAR. On the cosmos side, we are continuing to work with Strangelove Ventures on developing a wasm light client, which will eventually be upstreamed into ibc-go. For NEAR, we are working on NEP-384 to fetch block hashes in contract runtime: https://github.com/near/NEPs/pull/384

Picasso and Pablo

The bulk of the team’s focus has been on the QA and testing ahead of launch, making small fixes as our audits make satisfactory progress. We are now 90% complete with our pallet audits, with staking-rewards and fNFTs being the final ones that will be wrapped up towards the end of the month.

Our redesign of Pablo has also now been implemented on the FE, and the final blockchain integrations are underway to prepare for the initial Picasso and Pablo launch.

Within the next week, we are preparing to start the formal process of opening XCM channels with other Kusama parachains — marking an important milestone ahead of launch. Picasso and Pablo are both built to be decentralized and permissionless chains, emphasizing that we aim to open as many channels through both XCM and IBC as possible, in order to grow a true cross-chain ecosystem.

XCVM

The XCVM team unveiled the last demo last week before launching our MVP at the Cosmoverse event held in Medellin, Colombia. We showcased successfully the execution of our cross-chain swap program between Composable’s Picasso parachain on the Kusama ecosystem and Juno parachain on the Cosmos ecosystem, powered by the XCVM. For further details, our founder, 0xBrainjar, walked through the demonstration in this Twitter thread. You can also rewatch the demo hosted by our team on YouTube.

Afterwards at the HackWasm event held, Karel, our CTO, and Hussein, XCVM Principal Engineer, demoed for the first time ever our CosmWasm Interface. This new feature is based on the abstraction of our CosmWasm Virtual Machine, simplifying the orchestration experience for devs when building smart contracts, enhancing the efficiency of cross-chain development. You can check here the interface repository, as well as the VM on GitHub. Our first version of this is only the beginning and we will keep exploring and building, so look forward to more news in the future!

For more information about Composable and how it is architecting the unified DeFi landscape of the future and composing DeFi for mass adoption, check out our socials:

Twitter | Telegram | Discord | Website | GitHub | LinkedIn | Youtube

Important Disclaimer: Composable Finance Ltd. (“Composable”) makes no guarantee that services, functionality or various milestones announced in preview, beta or otherwise, will become available at a future date. The information or date contained in this update is for educational and informational purposes only and may not be incorporated into any agreement and should not be relied upon. This update may contain hyperlinks to non-Composable websites that are created and maintained by third parties who are solely responsible for the content on such websites and the accuracy of any information shared at such locations. No statements or updates are offers or sales of securities or the provision of legal, investment or tax advice. As this update is based upon available information at the time of its publication, and circumstances may change following its publication, Composable has no responsibility to further update this information and fully disclaims any liability regarding the accuracy of its contents.

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Composing DeFi for Mass Adoption

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