Mayan

Architecture

The Wormhole messaging protocol consists of a WormholeCore contract on each supported chain. Application contracts like the Token BridgeA message-passing protocol between two blockchains. At its most basic, a token bridge consists of a smart contract which can escrow funds on one side of the bridge, and instruct the release or minting of corresponding assets on the other side, but bridges could also support arbitrary messages. How these instructions are validated is a critical factor in assessing the trust assumptions of a bridge., the multichain token framework NTT (‘native token transfers’) and the Mayan intent framework contracts are each connected to it. The token bridge is a lock-minting token bridge, NTT is a customizable multichain token framework and Mayan supports stablecoin transfers and crosschain asset swaps of any kind as an intent protocol.

Crosschain oracle and validation

Wormhole uses the same validatorsIn the context of L2s, a Validator is an actor that validates the correctness of state transitions. For optimistic rollups this corresponds to challengers, and for ZK rollups this corresponds to the onchain verifier for its core messaging protocol on all supported chains. They are called guardians and validate crosschain messages with a 13/19 threshold. Guardians are external validator companies who are expected to run their own nodes of all chains they validate on, but they also delegate the running of full nodes to others for smaller chains.

UpgradeabilityThe ability for rollup smart contracts and parameters used in a rollup to be updated by holders of an admin key. Upgradeability represents a vector of risk for users, and should be decentralized and combined with time delays for greater security guarantees.

The core protocol and token bridge contracts are upgradeable by the same guardians who validate crosschain messages. Application-level contracts can have custom upgradeability.

Monitoring

Wormhole provides a block explorer which is mostly intended for users and researchers tracking crosschain transactions and for aggregate metrics. As for security and monitoring tools, Wormhole offers Governor a global token flow monitoring layer that Guardians can use to identify suspicious transfers before signing them. Global Accountant tracks the circulating supply of WTT and NTT assets on all chains and alerts Guardians if a transaction would increase the supply.