Zk OmniBridge

Eight months ago, Succinct announced the first demo application that uses their unique implementation of “proof of consensus” for Ethereum: a bi-directional bridge between Goerli testnet and Gnosis Chain.

Almost a year later, we are extremely excited to announce the significant security upgrade for Gnosis Chain’s OmniBridge. Succinct’s Ethereum ZK light client will secure the Gnosis OmniBridge on Mainnet!

Over $40M TVL and >$1.5B in stablecoin asset flow to date will be secured by Succinct’s ZK Proof of Consensus for Ethereum. Users who bridge assets or data from Ethereum to Gnosis Chain will now have additional security from Succint’s OmniBridge ZK Validator Smart Contract! The integration will go live next week so keep your eye peeled!

Gnosis has always sought to protect users in all the products that it’s incubated from the Safe (Multi-sig Wallet) to the Cow Protocol (DEX aggregator with MEV protection). Today, we are still guided by the same concern on Gnosis Chain.

What does this mean for users?

While plans are in place to upgrade all of our native bridges, only OmniBridge users need to be aware of the zk light client integration.

Transactions will now be verified by the zk light client on the OmniBridge. Ethereum finality and proof of generation will take approximately 20 minutes for each bridged transaction. Users requiring faster transaction times should seek 3rd party bridge solutions.

👉🏽 Connext https://bridge.connext.network/
👉🏽 Hop https://hop.exchange/
👉🏽 LiFi https://jumper.exchange/

🦉 Updates

🌞 Summer of Shapella 🌞

We are thrilled to announce that the highly anticipated Gnosis Chain Shapella upgrade has been officially scheduled for Epoch: 648704 Slot: 10379264 Time: August 1, 2023 11.34.20 UTC!

Node Runners ~ schedule time between July 5th and July 30th to update your nodes! Execution and consensus layer client updates will be ready the first week of July.

A number of client updates are already live:

👉🏽 Nethermind v1.19.3

👉🏽 Nimbus v23.6.0

🖥️ 130K Validators Securing Gnosis Chain

In related news, this week Gnosis Chain hit a new milestone with approximately 130,029 validators securing the network! Gnosis Chain is the second most decentralized network next to Ethereum. Check out d14n.info for a deeper dive into that claim. GnosisVIP is a program that serves to greatly improve decentralization of Gnosis Chain through various bounties and incentives that ensure the resilience and diversity of our validator network. Check to see if you're eligible - be a force for decentralization!

🤖 Nevermined and Autonolas, two projects combining AI and blockchain, launch on Gnosis Chain

Nevermined is a decentralized data and AI marketplace built on top of IPFS and the Web3 stack. Nevermined monetizes AI agents through Smart Subscriptions, which allow users to subscribe to an AI model or agent, like ChatGPT, for a set period of time. Data & AI publishers can leverage the solution to improve AI agents and models through easier access to non-public datasets, as well as previously unauthorized data sources.

Autonolas is a unified network of off-chain services – like automation, oracles, and co-owned AI.

Martin Köppelmann, Co-Founder of Gnosis, shared, "We can expect to see the intersection between blockchain and AI strengthen, especially as AI becomes dependent on data verification and transparency provided by blockchain networks. The launch of Nevermined and Autonolas on Gnosis Chain demonstrates that Gnosis' value proposition as a layer-1 with high scalability and security is ideal for AI-driven projects."

AI Projects Launch on Gnosis Chain, Choosing the Layer-1 for its Low Fees and Scalability

Gnosis Builders, the ecosystem team behind Gnosis Chain, a full EVM (Ethereum Virtual Machine) Layer 1 blockchain with 100K+ validators, prioritizing decentralization and security, announces the launch of two Web3 projects leveraging AI on Gnosis.

Yahoo FinancePR Newswire

🚀 Gnosis Chain & Scaling Ethereum

Stefan Piech from the Gnosis Builders wrote a thread about why Gnosis Chain has a first-mover advantage for scaling Ethereum by taking the IBC model of Cosmos in the form of Zk Bridges to trustlessly connect Ethereum and other Beacon Chain-based EVMs.

🔐 HOPR x Gnosis Chain

HOPR announced this week that they moved all of their starting capital onto Gnosis Chain! This is the first company to move their capital on-chain with Gnosis!

Whether it’s individuals, companies or institutions - the HOPR protocol provides full control over privacy, data and metadata. HOPR lays the groundwork for a more sovereign and safe internet. For everyone. Read here more about HOPR’s vision, tech, and DAO here.

😎 Shutter x Gnosis Chain

Shutter Network is a project to prevent front-running and malicious MEV on Ethereum by using threshold encryption. This week they announced that they've secured $2.36M in funding, due to partial support from Gnosis Chain.

🏮Kleros Fully Integrates Gnosis Chain

Kleros is a decentralized arbitration protocol for disputes in the #web3 economy.
This week they announced that they've migrated their security metadata registries onto Gnosis Chain. Check out their thread to learn more!

🤖 Nevermind Is Live on Gnosis Chain

Nevermined unlocks the true potential of your Data & AI by converting them into accessible, traceable & monetizable assets. Their Marketplace App is LIVE on Gnosis Chain!

🏁 Pyth Network Hoot Hoot!

Pyth connects high-fidelity market data from the world’s largest professional traders and exchanges to any smart contract, anywhere. Pyth's low-latency pull oracles are now available on Gnosis Chain!

🌉 Merkly NFT Bridge

The Merkly NFT bridge is live on Gnosis Chain! Bridge your NFTs between Gnosis Chain <-> Optimism, Celo, Avalanche, Fuse, Klaytn, BSC and Metis!

✨ Zonaris Is Live on Gnosis Chain

Zonaris offers lightning fast deployment with competitive pricing.
Get your nodes up and running in seconds, now on Gnosis Chain!

💸 Agave Yields

Agave is a decentralized, non-custodial money market and lending protocol on Gnosis Chain. Hello stablecoin yields 👀

🧑🏾‍💻 Gnosis Chain Core Devs Call

The weekly Core Devs Call featured info about the Shapella hard-fork ~ the recording of the call is linked below!

👓 Gnosis Chain Discord Moderator

Gnosis Chain is seeking a moderator for our discord server. Are you a seasoned community expert with a passion for public blockchains and the broader web3 world? We want to talk to you!

⚖️ GnosisDAO Governance Summary

Get the low down on the latest GIPs from the Gnosis Forum!

🧑🏾‍💻🥷⛓️Events & Hackathons

Living On-Chain with Hashi

Gnosis Chain team members will join us next Wednesday July 5th 2023 at 3PM UTC on the Gnosis Chain discord for an exciting demo of Hashi. Hashi is an EVM Hash Oracle Aggregator, designed to facilitate a principled approach to cross-chain bridge security.

🧑🏽‍🤝‍🧑🏾 TOA Festival

GnosisDAO core contributor and Gnosis Co-Founder will present a talk about on-chain payments at the TOA Festival in Berlin next week. TOA started as the world’s first crowd-funded festival and evolved into a community of over 20,000 like-minded technology enthusiasts gathering in Berlin each summer.

🇪🇸 ETHBarcelona

GnosisDAO core contributor and Gnosis Co-Founder, Stefan George is scheduled to talk at ETHBarcelona. The conference takes place from July 5th to the 7th.

🇫🇷 EthCC Decentralized Ai Hackathon

Nevermind is hosting an Ai themed hackathon at EthCC this year, sponsored by Gnosis Chain. Hack with us! More details below.

🇲🇾 EthKKL - Kuala Lumpur 2023

Stefan Piech from the Gnosis Builders will deliver a talk about Gnosis Chain at EthKKL. The conference will take place in Malaysia, Kuala Lumpur from October 13-15, 2023 at Sunway University.

🇲🇪 EDCON2023

Check out Friederike Ernst's talk, "The Limits of L2s" from this years EDCON conference that took place in Montenegro recently. EDCON (Community Ethereum Development Conference) is a non-profit annual global Ethereum conference that happens once a year in different countries.

🇨🇦 EthWaterloo

Gnosis Chain was at EthWaterloo last week. Hackers built amazing projects in the short time they were allocated, and of course, it wouldn’t be 2023 if they didn’t include AI. More details below!

Solo Staker Corner ✨

Set up a Node in 30 Minutes

🙏 Thank you

Come say hello in the Gnosis Chain Discord. Join us for the next GnosisDAO Community Call on Thursday July 13th, 2023 with the Gnosis Chain Bridge Team and Succinct Labs at 3PM UTC / 5PM CET on the GnosisDAO Twitter Spaces.

See you on-chain!