waxwing on Nostr: Thanks. In the linked description of the Strata bridge, it has a very terse "a bridge ...
Thanks. In the linked description of the Strata bridge, it has a very terse "a bridge operator fronts its own funds to him in a withdrawal transaction" with no further elucidation. In BitVM-bridge (section 6.1and 7) they talk about it as: step 1, Bob burns on rollup/sidechain, then creates peg-out bitcoin tx that any operator can complete. Then somehow as part of the proof that their claim of the peg-in utxo is valid, there's included that a valid peg out of a burn occurred. But I guess you're saying that, like with any sidechan/rollup we can just use swaps, like done e.g. on Liquid, right?
Published at
2025-02-25 22:08:10Event JSON
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"content": "Thanks. In the linked description of the Strata bridge, it has a very terse \"a bridge operator fronts its own funds to him in a withdrawal transaction\" with no further elucidation. In BitVM-bridge (section 6.1and 7) they talk about it as: step 1, Bob burns on rollup/sidechain, then creates peg-out bitcoin tx that any operator can complete. Then somehow as part of the proof that their claim of the peg-in utxo is valid, there's included that a valid peg out of a burn occurred. But I guess you're saying that, like with any sidechan/rollup we can just use swaps, like done e.g. on Liquid, right? \n\n\n",
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