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Cross-chain transaction testing has made new progress. The transfer of assets from BTC to ETH is running smoothly, and the team is advancing more complex scenarios—first customer transaction of BTC to stablecoin.
The entire transaction process involves three key steps:
📥 Collateral deposit
🔒 Funds locking
↩️ Funds redemption
Each step is verifiable on the blockchain, and the transaction ID can be found on both blockchains. This fully transparent verification mechanism ensures the traceability and security of cross-chain transactions. As the testing progresses, the multi-chain asset interoperability solution is one step closer to real-world application.
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Still bragging, wait until it officially launches to say.
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Transparency is transparency, just worried it’s another prelude to a scam.
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BTC to stablecoin? That’s what I want, come on!
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On-chain verification? What’s that, just marketing hype.
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Wow, it’s still in the testing phase. Can you really make money like this?
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Finally, someone has figured out how to do cross-chain properly.
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Wait, how much gas fee can this actually save?
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Sounds good, but who believes it? Anyway, I’ll just wait and see.
Wait, are client transactions coming in? Surely it's not just demo data again.
Why is it still BTC to stablecoins? When will support for Solana and these new chains be available?