Bridging BRC-20 to Ethereum

arXiv:2310.10065v2 Announce Type: replace
Abstract: In this paper, we design, implement, and (partially-) evaluate a lightweight bridge (as a type of middleware) to connect the Bitcoin and Ethereum networks that were heterogeneously uncontactable before. Inspired by the recently introduced Bitcoin Request Comment (BRC-20) standard, we leverage the flexibility of Bitcoin inscriptions by embedding editable operations within each satoshi and mapping them to programmable Ethereum smart contracts. A user can initialize his/her requests from the Bitcoin network, subsequently triggering corresponding actions …

arxiv bitcoin bridge connect cs.cr design ethereum flexibility middleware networks operations request standard