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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