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OrdBridge: A 2-way bridge between BRC20 & ERC20
  • Introduction
  • How it works?
    • Bridging Process
    • Technical Overview
      • BRC-20 & ERC-20
      • OrdBridge Architecture
    • Cross-Chain Bridge Implementation
    • Verification & Validation Mechanism
    • Transaction Fees & Gas
    • Security Considerations
  • Examples
  • Troubleshooting and FAQs
  • Socials
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  1. How it works?

Security Considerations

Security Measures Implemented in OrdBridge

OrdBridge employs robust security measures to ensure the safety of token transfers:

  • Securing BRC-20 tokens in bridge wallet:

    • Since smart contracts are not available on the Bitcoin chain, all BRC-20 tokens are held in a secure bridge wallet. The balance of this wallet is cross-verified with the holdings of smart contracts on the ERC-20 chain to maintain token consistency.

  • Securing ERC-20 tokens via smart contract:

    • All ERC-20 wrapped tokens issued are safeguarded by code. The smart contract responsible for controlling ERC-20 token minting, burning, and other operations undergoes audit from industry pioneers to ensure security.

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Last updated 2 years ago