2-way Peg Designs

Blockchain
Bitcoin
Smart Contratcs Solutions

Summary

A 2­way peg (2WP) protocol is a protocol that allows transfers of a cryptocurrency from a main blockchain to a second blockchain and vice­versa requiring low third­party trust

Product description

Along this document we compare pros and cons of each method from different perspectives (technical complexity, security, threat model, community acceptance, openness, legality). We also propose improvements to drivechain and sidechain implementations, which we believe are simpler and more secure.

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Contact name
Ruben Altman
E-mail
ruben@rsk.co
Phone
E-mail only
Location
Buenos Aires, Argentina
Company
RSK Labs Ltd
Published