Glimpse: On-Demand, Cross-Chain Communication for Efficient DeFi Applications on Bitcoin-based Blockchains

ePrint Report: Glimpse: On-Demand, Cross-Chain Communication for Efficient DeFi Applications on Bitcoin-based Blockchains

Giulia Scaffino, Lukas Aumayr, Zeta Avarikioti, Matteo Maffei

Cross-chain communication is instrumental in unleashing the full potential of blockchain technologies, as it allows users and developers to exploit the unique design features and the profit opportunities of different existing blockchains. Solutions based on trusted third parties (TTPs) suffer from security and scalability drawbacks; hence, increasing attention has recently been given to decentralized solutions. Lock contracts (e.g., HTLCs …

applications bitcoin blockchains communication cross-chain defi eprint report on-demand