TON Teleport: TON↔BTC the name of the direction TON Teleport Project (TTP), dedicated to bridging the gap between blockchain TON and Bitcoin.
What's that?#
- The official bridge from TON Foundation I 'm sorry .$BTC ↔ TON;
- Based on the mechanisms Lock-and-Mint (peg-in) and Burn-and-Release (peg-out);
- No centralized intermediaries.
See also:#
See full technical description in TON Teleport Project (TTP) the article contains:
- The mechanism .$BTC ↔ TON (peg-in/peg-out);
- Types of inter-network transactions: Lock-and-Mint, Burn-and-Release, Burn-and-Mint;
- Alternate TON bridges: TONBANKCARD, Rubic, Utyabswap;
- Safety and risks.
The source#
TON Foundation blog: Introducing TON Teleport — Bringing Bitcoin to TON.