RiB Newsletter #29

Welcome to the #29 edition of Rust in Blockchain, the monthly newsletter about Rust, distributed systems, cryptography, and other industry topics. Previous: #28.

With total value locked (TVL) measurements going up, up, up across the blockchain world, Ethereum extremely congested, and liquidity providers fleeing to blockchains with high yields and low fees, there are huge efforts on many chains to get dapps out fast and attract market share. In the Rust world some notable developments:

  • NEAR launched an $800 million ecosystem fund and has been quietly climbing up the DeFi TVL charts.
  • Secret Network can now bridge to multiple chains and its SecretSwap has enough liquidity that it will soon be a viable route for discreetly moving assets between the burgeoning multi-chain ecosystem.
  • The Internet Computer (previously DFINITY) has been cranking out blog posts, both about technical matters and partnerships. They are running a developer grants program.
  • Nervos has launched their Force Bridge to connect to Ethereum, and is working to add EVM compatibility.
  • Polkadot has been running a high-profile auction for parachain slots on its canary network, Kusama, and will soon begin auctions for the main Polkadot network. Some of the Kusama parachains, notably Moonriver, are already up and running and attracting EVM-compatible dapps like Sushi.
  • Solana has turned into a bit of a juggernaut, with huge financial backing, and TVL only behind Ethereum and Binance Smart Chain. It has been attracting dapps and protocols that were previously EVM-only, like Lido and RenVM; but it also has a strong stable of its own Solana-native dapps.

In RiB news, this month we’ve added a “Security Advisories” section, summarizing all the Rust security advisories of the month from RustSec, and GitHub Advisories. Seeing them all in one place is revealing: lots of security-relevant bugs in crates used in, or created by, the blockchain industry.

This month, upon prompting, we added a Zcash donation address, and immediately received 3 donations. Thanks to the Zcash twitter community! RiB donations are 100% earmarked for supporting developers through event sponsorships, etc. The donation addresses can be found on the sidebar of the website.

 

Thanks

Thanks to contributors: Adam Dossa, Awa Sun Yin, bbyleggo123, Dan Shields, KΞlchΞ⟠, Squirrel, Brian Anderson and Aimee Zhu. Thank you for your help!

RiB needs help to keep up with Rust blockchain projects. If you follow a particular project, or otherwise find information that is beneficial to the Rust & blockchain community, please contribute to the next issue by submitting a PR to the next draft.

 

Project Spotlight

Each month we like to shine a light on a notable Rust blockchain project. This month that project is…

mina-rs.

Mina is a new blockchain network that uses zero-knowledge proofs to validate the state of the chain without access to a full blockchain, but instead only a tiny (~22k) proof. This should enable even mobile devices to participate in the network as full validators, requiring less trust than today’s situation where most clients are connecting to other peoples’ full nodes hosted in the cloud. They are calling this style of chain a “succinct blockchain”, and have caught the attention of a number of other projects, forming partnerships to bring the idea to other chains.

mina-rs is an implementation of Mina in Rust, developed by ChainSafe. It is developed not only with mobile environments in mind, but WASM too, which suggests we’ll be able to embed a full node directly in the browser.

Some recent information about Mina / mina-rs:

 

Interesting Things

Blog Posts

Papers

Projects

  • Shade Protocol is an array of connected privacy-preserving dApps built on Secret Network.

 

Security Advisories

Monthly security advisories, from RustSec, and GitHub Advisories. Bold entries here are especially relevant to blockchain projects.

 

Most Active in October

Parity: 291 merged PRs (1, 2, 3, 4, 5), 105 closed issues (1, 2, 3, 4, 5), 112 open issues (1, 2, 3, 4, 5, 6)

Solana: 275 merged PRs (1, 2), 42 closed issues (1, 2), 68 open issues (1, 2)

Diem: 183 merged PRs (1), 14 closed issues (1), 24 open issues (1)

 

Project Updates

Aleo

119 merged PRs (1, 2, 3, 4), 35 closed issues (1, 2, 3, 4), 29 open issues (1, 2, 3, 4)

Anoma

52 merged PRs (1), 20 closed issues (1, 2), 16 open issues (1)

ChainSafe

29 merged PRs (1, 2), 25 closed issues (1, 2), 15 open issues (1, 2)

COMIT

21 merged PRs (1), 11 closed issues (1), 6 open issues (1)

Concordium

21 merged PRs (1, 2, 3, 4), 4 closed issues (1), 8 open issues (1, 2, 3)

Conflux

2 merged PRs (1), 2 closed issues (1), 0 open issues

Dfinity

25 merged PRs (1, 2, 3, 4, 5), 4 closed issues (1, 2), 8 open issues (1, 2, 3, 4)

Diem

183 merged PRs (1), 14 closed issues (1), 24 open issues (1)

Elrond

48 merged PRs (1), 1 closed issues (1), 3 open issues (1)

Fluence

22 merged PRs (1, 2, 3, 4), 8 closed issues (1, 2, 3), 22 open issues (1, 2, 3)

Golem

26 merged PRs (1), 20 closed issues (1), 13 open issues (1)

Holochain

77 merged PRs (1, 2, 3), 2 closed issues (1), 4 open issues (1)

IOTA

17 merged PRs (1), 3 closed issues (1), 3 open issues (1)

Lighthouse

19 merged PRs (1, 2), 21 closed issues (1), 15 open issues (1)

MobileCoin

38 merged PRs (1), 2 closed issues (1), 3 open issues (1)

NEAR

133 merged PRs (1, 2, 3), 56 closed issues (1, 2, 3), 43 open issues (1, 2, 3, 4)

Nervos

77 merged PRs (1, 2, 3, 4), 4 closed issues (1, 2, 3), 3 open issues (1, 2)

Parity

291 merged PRs (1, 2, 3, 4, 5), 105 closed issues (1, 2, 3, 4, 5), 112 open issues (1, 2, 3, 4, 5, 6)

Rust Bitcoin

27 merged PRs (1, 2, 3), 6 closed issues (1, 2), 17 open issues (1, 2)

Rust Ethereum

2 merged PRs (1), 0 closed issues, 1 open issues (1)

Secret Network

4 merged PRs (1, 2), 0 closed issues, 2 open issues (1)

Solana

275 merged PRs (1, 2), 42 closed issues (1, 2), 68 open issues (1, 2)

Spacemesh

7 merged PRs (1), 23 closed issues (1, 2), 29 open issues (1, 2)

TezEdge

18 merged PRs (1), 2 closed issues (1), 0 open issues

Zcash

108 merged PRs (1, 2, 3), 65 closed issues (1, 2, 3), 30 open issues (1, 2, 3)

zkSync

0 merged PRs, 1 closed issues (1), 4 open issues (1)

 

Events

Nov 11 - Dec 8 | Online

Cosmos HackAtom VI

Nov 15-19 | Online

ACM CCS 2021

Nov 18-19 | Online

Tokenomics 2021: 3rd International Conference on Blockchain Economics, Security and Protocols

Dec 1-3 | Seoul, Korea

ICISC: The 24th Annual International Conference on information Security and Cryptology

Dec 14-15 | Online

18th IMA International Conference on Cryptography and Coding

Jan 24-26, 2022 | Arrillaga Alumni Center, Stanford University

SBC'22: The Science of Blockchain Conference 2022

Feb 14-18, 2022 | Canada

Financial Cryptography and Data Security 2022

 

Careers

Anoma | Berlin, Remote

Aurora | Remote

NEAR | Remote

More jobs can be found at Job Board.

 

Want to be included in the next issue? Feel free to submit a PR to the #30 draft.

Join the discussion on RiB telegram group ❤️