πŸ’‘Cross-Chain Process

GateBit Bridge cross-chain transfer process

  1. The user initiates a cross-chain token transfer request

Users initiate a cross-chain token transfer request through GateBit Bridge, specifying the transfer-out and transfer-in blockchains and related transfer information.

  1. Execute condition checks

GateBit Bridge checks the transfer request provided by the user and verifies whether it meets the preset conditions and regulations.

  1. Listening nodes monitor transaction status

GateBit Bridge monitors transaction status on different blockchain networks through listening nodes. This includes blockchain networks such as EVM, RGB and Taproot.

  1. Multi-signature mechanism verification

Users' cross-chain transfer requests require multi-signature verification. GateBit Bridge smart contracts require multiple authorized signatures to ensure the security of cross-chain operations.

  1. Cross-chain transmission execution

Once all conditions are met, the GateBit Bridge smart contract performs cross-chain transfer operations. Tokens are locked from one blockchain network and released on another blockchain network at the same time, completing cross-chain transfers.

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