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Interlay Btc Bridge - 2

Understanding interlay BTC cross-chain bridges

3-Minute Read

Having previously written a blog about the overall architecture of PolkaBTC, in this blog we will understand specifically how PolkaBTC works. PolkaBTC has been renamed Interlay BTC Bridge, where the previously running Staked Relayer has been merged into the Valut module. Interlay uses the XCLAIM protocol framework, where BitCoin assets are locked in the Bitcoin chain, which then generates a 1:1 corresponding InterBTC token on the Interlay chain, and InterBTC Token can be used on parallel…

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