Research migration options for sBTC Dev Release --> Nakamoto

stacks-network / sbtc-docs

Documentation about sBTC

https://stacks-network.github.io/sbtc-docs/

MIT License

9 stars 8 forks source link

Research migration options for sBTC Dev Release --> Nakamoto #62

Closed andrerserrano closed 1 year ago

andrerserrano commented 1 year ago

We need to ensure there is a migration path to upgrade sBTC held in the v0.1 contract to Nakamoto.

Potential solutions:

Add trait definition to enable the ability to call sBTC held in v0.1 contract
sBTC v0.1 signers could transfer the BTC to Nakamoto signers and empower Nakamoto signers to handle sBTC v0.1 redemptions (v0.1 sBTC automatically becomes Nakamoto sBTC at time of hard fork)

netrome commented 1 year ago

Thank you for raising this @andrerserrano. I would have had to do it otherwise :pray:

netrome commented 1 year ago

It's important that we add an initial design on this upgrade procedure, and it feels like we already have enough material from some brainstorms for an initial design proposal based on consensus updates.

andrerserrano commented 1 year ago

Closing this issue. Since we are not releasing v0.1 on mainnet, the migration should be not an issue.