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Correct capitalization
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Co-authored-by: Dominik Harz <[email protected]>
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derrekcoleman and nud3l authored Dec 13, 2024
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While development for BOB Gateway is advancing rapidly, there are still some training wheels in place that introduce additional trust assumptions to the architecture. These are going to be addressed and replaced with trustless or trust-minimized equivalents as the product matures.

- Liquidity providers (LPs) receive BTC directly from users on Bitcoin mainnet. As a result, The off-chain relayer cannot interfere with funds received by the LPs.
- Liquidity providers (LPs) receive BTC directly from users on Bitcoin mainnet. As a result, the off-chain relayer cannot interfere with funds received by the LPs.
- The relayer is currently necessary to complete the user's intent (e.g. by submitting a Merkle proof of the BTC transaction to the on-chain light client, unlocking the LP's wrapped BTC). Since users cannot submit the proofs themselves yet, user funds are "stuck" whenever the relayer is offline. Users will be able to submit their own BTC proofs after we transition Gateway use a full Bitcoin light client and add functionality to protect LPs from potentially malicious strategy contracts.
- At the moment there is only one relayer. In addition to its other functionality, this relayer pays gas on the user's behalf so that the user doesn't need to make a transaction on BOB to complete the bridging process. Since a malicious actor could create a strategy designed to take advantage of the relayer (e.g. spend all of the funds available for gas fees), the process of adding new strategies to Gateway as well as decentralizing the relayer role are restricted by the BOB team until Gateway is upgraded as described above.

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