Skip to content

Oppanda contains a solidity contract and external oracle service for defining offline proposals. 'proposal=> external validator url' map is recorded on-chain and proposal details are stored off-chain. Funds can be added to proposals and funds are transferred when external oracle validates that proposal is approved by validators. Proposals can be…

Notifications You must be signed in to change notification settings

vigneshc/Oppanda

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

22 Commits
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Repository files navigation

Oppanda is an experimental project to add support for creating off chain proposals with defined validators that can be funded. Proposals are defined off-chain and proposal=> external validator url is recorded onchain. Funds are transfered when external oracle validates that proposal is approved by validators. Currently proposals can be validated through tweets from validators and Off-chain signatures stored in IPFS. Proposals and approval records are optionally stored in IPFS using Web3.Storage api.

Concepts

On-Chain Contract

A solidity contract that records proposalId => (Oracle Url, AvailableFund).

  • Proposers creates the proposal.
  • Anyone can fund the proposal.
  • Proposers* requests funds. Contract requests external oracle url if the fund is approved, and if approved it transfers available fund.

Proposal

  • A Json document describing who the validators along with IPFS CID that provides human readable details.
  • Defines oracle type. Currently Twitter and signature proofs are added.
    • Twitter - Validators is a set of twitter handles. To approve a proposal, all validators should tweet with both #<proposalId> and #approve hashtags in the tweet.
    • Signature Proof - Proposer should record a IPFS CID that contains signature from all validators. File format is in SignatureBasedApproval.cs.

Off-Chain Oracle

  • External service that is able to confirm if a proposal has been validated by the validators. Both twitter and signature proof can be validated by anyone. Function of oracle is to provide this service and it introduces a point of centralization.
  • Has APIs for registering Proposals and checking if a proposal has been approved. Proposals and validation records are stored in IPFS in addition to oracle's own storage.
  • On chain contract has a proposalId => Oracle Url map. The assumption is that the ones that fund trust the Oracle Url. On-Chain contract can be extended with multiple such urls to minimize trust on one url.
  • Only requirement for this Oracle Url is to return {"Approved": true/false} for https://oracleurl?proposalId=<proposalId>` requests.

Oppanda Oracle

  • It is an implementation of Off-Chain Oracle.

Example Use case: Fund Raising for social impact

Proposer can define a proposal with reputed twitter handles as validators and launch a campaign on twitter. Validators can show their support through tweets. Anyone can view the list of validators, oracle url and fund the proposal. When all the validators have approved, proposer can request fund and use it. Amount of fund disbursed by a oracle url signals its reputation to some extent. Gas costs for each of the validator is avoided.

Other approaches

  1. This can be done purely on-chain, with each validator recording approval on-chain. It would have additional gas costs.
  2. Snapshot is an off-chain voting mechanism. It focus on DAOs. Reality.eth can be used to record the decisions on-chain, it has bond based incentives for recorders.

Code structure

  1. EthContracts/: Solidity contracts. There is only one now.
  2. CoreLib/: Definition for contracts, twitter validation and IPFS interaction.
  3. AzureTableStore/: Storage for proposal entries and validation records.
  4. AzureFunctionsLauncher/: Helper methods for hosting it in azure function.
  5. OppandaCli/: Launches it locally. Used for testing.

Hosting

  1. RpcExecutor.ExecuteAsync(queryParameters, bodyString) is the entry point. Call this with http query parameters and request body.
  2. When type=jsonrpc is added to queryParameters, it executes the json rpc request. Format of requests is described later.
  3. Without type=jsonrpc parameter, it executes IsApprovedAsync taking proposalId query parameter. It would return a json response of the form below.
{
    "Approved": <true/false>
}
  1. OppandaFunctionsRunner.Initialize has the initialization code that reads config and creates RpcExecutor.

Above pieces should support hosting in a variety of environments.

Next Steps

  1. Better documentation for creating and approving proposals.
  2. Share hosted url for Oppanda Oracle
  3. Solidity Contract updates
    • Implement withdrawal.
    • Require LINK tokens for request funds api calls.
    • Emit events.
    • Mainnet deployment.
  4. UX for querying proposals, statuses.

About

Oppanda contains a solidity contract and external oracle service for defining offline proposals. 'proposal=> external validator url' map is recorded on-chain and proposal details are stored off-chain. Funds can be added to proposals and funds are transferred when external oracle validates that proposal is approved by validators. Proposals can be…

Topics

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published