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Eureka simplifies and improves IBC retaining the positive elements - light client based security model, the packet life cycle, permissionless relay, whilst removing many of the negative elements - high complexity, poor extensibility and upgradability.
Problem Definition
Large Resource Requirements to bring IBC to a new ecosystem
Whilst IBC has successfully connected hundreds of ComeBFT (tendermint), and Cosmos-SDK based blockchains, it has been challenging to extend beyond these chains. The first IBC connection with a non-Cosmos based blockchain was introduced by Composable finance to connect to the Polkadot ecosystem which took close to 2 years of development time. Although possible, with such high resource requirements, it is practically unfeasible to further extend IBC's reach, and many chains interested in an IBC connection are deterred by this high resource requirement.
High Protocol Complexity
Channel and connection abstractions add complexity for little benefit (more information detailed in this issue) and result in a lot of state to be written through the handshake processes before a useful action can be made by a user, e.g. send tokens.
Many core types have to be parsed on chain, e.g. chainIDs associated with a given clientID, which is expensive in resource constrained environments
High complexity generally makes it more difficult for new developers to onboard to IBC and use it
Difficult Upgradability
To use new applications, e.g. ICS20v2 two chains need to coordinate and use channel upgradability. This requires governance and off-chain coordination. Additionally, the channel upgradability feature was complex and time-consuming to implement and increased the complexity of the protocol.
Keeping the protocol backwards compatible with v1 hugely increases the maintenance burden and meant working around what was there, rather than designing for what makes the most sense. This slows down the speed of development to fit within such constraints.
Goals
Reduction in development time to bring IBC to new ecosystems, including blockchains using an EVM
Retain interoperability using a light client based security model
Exactly that is the plan, we will connect ethereum with IBC, you can check out the solidity work and zk tendermint light client as well. We don't have light clients for rollups just yet, but in the future we will.
Summary
Eureka simplifies and improves IBC retaining the positive elements - light client based security model, the packet life cycle, permissionless relay, whilst removing many of the negative elements - high complexity, poor extensibility and upgradability.
Problem Definition
Large Resource Requirements to bring IBC to a new ecosystem
Whilst IBC has successfully connected hundreds of ComeBFT (tendermint), and Cosmos-SDK based blockchains, it has been challenging to extend beyond these chains. The first IBC connection with a non-Cosmos based blockchain was introduced by Composable finance to connect to the Polkadot ecosystem which took close to 2 years of development time. Although possible, with such high resource requirements, it is practically unfeasible to further extend IBC's reach, and many chains interested in an IBC connection are deterred by this high resource requirement.
High Protocol Complexity
Difficult Upgradability
Goals
Proposal
A list of relevant resources are detailed:
For Admin Use
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