Residency Extension Proposal

What's your name/your team's name?

Mike Cohen

Discord: mijoco.btc

GitBook: https://brighton-blockchain.gitbook.io/sbtc-bridge/

GitHub: https://github.com/radicleart

Twitter: https://twitter.com/radicleart

Best email on which to contact you?

Email: mjoecohen@gmail.com

Personal Statement

The past six months have been busy and include some of the proudest moments of my career. My main endeavours have been development of the sBTC Bridge and Bridge API applications, key parts of the sBTC Testnet program. Contributing to the SIP process by taking part in discussions and reviews and writing high level design documentation. I have had the privilege of representing the Foundation at Bitcoin Unleashed and sharing the stage with thought leaders in the Bitcoin space.

As part of the sBTC testnet program I have supported community devs on Discord and delivered a shared sBTC devnet. Working with developers at Uasu and DLC.link, I've shown how sBTC and DLC technology can be leveraged to enable sBTC loans - a Bitcoin Defi alternative to depositing directly (commingling BTC) to the sBTC wallet. The solution is currently running on devnet (bitcoin regtest) and testnet.

I am applying now to extend my residency for a further six months to build upon this work.

End Product: What does success look like?

The next six months of my residency will be about consolidation and exploration.

sBTC Bridge

I will consolidate the work so far on the sBTC Bridge by;

  • delivery of the Revealer API

  • support for deposits using either OP_DROP (default) or OP_RETURN transaction formats

  • support for the reclaim path

Signer Binaries

Provide infrastructure support to community members for running sBTC signer binaries.

DLC Technology

Continue to explore DLC and sBTC technology.

Look into mechanisms for bridging digital assets between Bitcoin and Stacks blockchain.

Ecosystem DAO

I will update the work started via Clarity Lab in 2022 - the Ecosystem DAO for Stacks governance to provide the Foundation a robust tool for governance and community engagement using on-chain voting.

Planning

I will continue to plan and execute my work as transparently and openly as I have over the past 6 months. My sprint planning is available here on Gitbook with issues and pull requests in Github and Daily Updates reported via Discord.

Delivery

Milestone 1: February 2024

  • Sprint planning

  • Ecosystem DAO - SIP vote tallying

  • Revealer API

  • Bridge development work

  • Support community with sBTC related work

Milestone 2: March 2024

  • Sprint planning

  • Signer Binaries

  • Prepare sBTC Bridge Nakamoto Release

  • Support community with sBTC related work

Milestone 3: April 2024

  • Sprint planning

  • Signer Binary infrastructure

  • sBTC Bridge

  • sBTC API

  • Prepare for sBTC Release

  • Support community with sBTC related work

Milestone 4: May 2024

  • Sprint planning

  • sBTC Bridge in Production

  • sBTC Bridge API in Production

  • Support community with sBTC related work

Milestone 5: June 2024

  • Sprint planning

  • Support for the Bridge applications

  • Research bridging digital assets

  • Support community with sBTC related work

Milestone 6: July 2024

  • Sprint planning

  • Maintenance of sBTC Bridge

  • Development of bridging digital assets

  • Support community with sBTC related work

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