šŸŒ‰ šŸ” Codatta Metadata Bounty Hunting Challenge [Three] ā€” Blockchain Bridges

Codatta
3 min readMay 31, 2024

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šŸ”„ Following the conclusion of last weekā€™s bounty hunting focused on crypto ETFs, itā€™s time to dive into our third round with a durantion of one month. And this time, the theme is ā€œBlockchain Bridgesā€. šŸŽ Each verified bounty data submission will earn an additional 25% points, totaling 2500 points per submission!

ā° May 31, 10:00 UTC ā€” June 30, 10:00 UTC

ā… . How to Collect Bridge Addresses

šŸ”— Blockchain Bridges Entity List

  • Official Documentation: Visit the official websites of bridge projects and check the ā€œDocumentationā€ or ā€œDevelopersā€ sections for contract addresses.
  • Developer Documentation: Most projects publish detailed developer docs that include smart contract addresses.
  • Social Media and Community Forums: Follow official social media accounts and participate in community forums like Reddit and Discord to find and discuss contract addresses.
  • Daily Usage Records: Review your transaction history while using bridges to identify the addresses involved in your cross-chain activities.

Taking Arbitrum Bridge as an example, it roughly consists of two transactions.
- Your personal address is transferred to Arbitrumā€™s project address.

- Transfer from Arbitrumā€™s project address to your personal address at Arbitrum.

ā…”. šŸ“ How to Submit

When you locate Blockchain Bridges address information, you can proceed to the Codatta Protocol, navigate to ā€œBounty Huntingā€ ā€” ā€œSubmit Addressā€ and submit relevant details, including: Network, Address, Entity, Category and Evidence.

After your submission is successfully validated and proven to be true, you will instantly receive 2500 points! (šŸ‘‰About Codatta ecosystem points)

ā…¢. Why Knowing Bridge Addresses Matters

Blockchain bridges facilitate the flow of assets and information between different blockchains, ensuring transaction security and reliability. For everyday users, knowing the addresses of blockchain bridges brings numerous benefits beyond enhanced security.

  • Verification and Transparency: By examining smart contract transactions and activities, users can verify the bridgeā€™s transparency and reliability, avoiding phishing attacks and counterfeit bridges.
  • Cost and Efficiency: Understanding bridge addresses allows users to better comprehend cross-chain fees and transaction costs, enabling them to choose the most economical operation times and improve transaction speed and efficiency.
  • Trust and Learning: Knowing bridge addresses enhances user trust and provides an opportunity to learn about blockchain technology. Analyzing smart contract addresses helps users grasp basic blockchain operations, improve technical skills, and understand project operations and governance.
  • Ease of Cross-Chain Operations: Users can easily operate across multiple blockchain networks, leveraging the advantages of different networks. This also allows access to advanced features and services like cross-chain liquidity provision, staking, and lending services.

About Codatta

Codatta pioneers AI-driven collaboration for blockchain metadata, making data universally accessible and transparent. We decode blockchain addresses with anonymized privacy protection, simplifying complex transactions for analytics in compliance, risk management, and trend analysis. Our innovation extends to converting on-chain activities into portable profiles, empowering users to access monetary value with ease.

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Codatta

Codatta is a universal annotation and labeling platform that turns your intelligence into AI.