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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?
  2. Technical Overview

OrdBridge Architecture

OrdBridge consists of following components:

Custom indexers on Bitcoin side

We have built custom indexers which are essentially Bitcoin nodes indexing the Ordinals and interpreting BRC-20 defined protocols. Along with, we had to add customization to incorporate the ETH addresses added as meta information while inscribing 'transfer' on BRC-20 protocols. Along with, measures to avoid double spending, enabling security of the nodes were required.

Permissionless smart contract on ETH

There is a permissionless factory smart contract which adheres to BRC-20 guidelines and helps in wrapping BRC-20 tokens on ETH chain.

Eg. You had $ORDI on BRC-20. After migrating, you will get a token contract generated with wORDI ticker and Wrapped-ORDI name. This is powered by the OrdBridge factory contract.

More details on it will be shared soon.

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Last updated 1 year ago