What is Brotocol?

Brotocol Bridge is a MPC-based hybrid bi-directional bridge that acts as a 'connector' between Bitcoin and other blockchains, enabling seamless asset transfers and swaps between Bitcoin and its Layer 2 networks (L2s) as well as other blockchain ecosystems.

Brotocol currently offers two key features:

Key Features

Bi-Directional Asset Transfers: Easily transfer assets between Bitcoin and L2s, as well as non-Bitcoin chains.
Secure and Decentralized: Utilizes multisigs and decentralized validators to secure all transfers.
User-Friendly Interface: Designed to provide a smooth experience for both novice and experienced users.
Cross-Chain Interoperability: Supports multiple blockchains including Bitcoin, Stacks, and EVM-compatible chains.

Brotocol plays a crucial role in projects building on Bitcoin, offering a 'native-like' DeFi experience by enabling users to interact with smart contracts on L2s using native BTC or other Bitcoin L1 assets.

Types of blockchain bridges

Not all bridges work the same way, and understanding the differences can help you determine which one best suits your needs:

Trust-based Bridges: These are operated by a centralized entity, requiring users to trust that entity to manage and safeguard their assets. While these bridges can offer faster and more straightforward operations, they introduce a single point of failure, as the security of the entire system depends on the integrity of the operator.
Decentralized Bridges: These rely on smart contracts and a distributed group of validators to ensure smooth and secure operations without needing a central authority. Although they avoid centralization issues, they can sometimes be slower or more costly due to the additional security checks involved.
Hybrid Bridges: Hybrid bridges combine elements of both trusted and decentralized models, using centralized intermediaries alongside decentralized smart contracts or consensus systems. This approach aims to balance efficiency and security, providing a flexible solution for cross-chain asset transfers.
Two-way Bridges: Bi-directional bridges enable the transfer of assets in both directions between two blockchains, making it easy to move your tokens in either direction.
One-way Bridges: As the name suggests, these bridges allow the transfer of assets from one blockchain to another but do not support transfers in the opposite direction. They’re useful in cases where you only need to transfer tokens once, such as when moving assets to a chain where they will remain and be used.

Brotocol's type is Two-way Bridges .

Support

For assistance, feel free to join our community on Discord.

NextBrotocol 101

Last updated 8 days ago

Key Features

Bi-Directional Asset Transfers: Easily transfer assets between Bitcoin and L2s, as well as non-Bitcoin chains.

Secure and Decentralized: Utilizes multisigs and decentralized validators to secure all transfers.

User-Friendly Interface: Designed to provide a smooth experience for both novice and experienced users.

Cross-Chain Interoperability: Supports multiple blockchains including Bitcoin, Stacks, and EVM-compatible chains.

Types of blockchain bridges

Not all bridges work the same way, and understanding the differences can help you determine which one best suits your needs:

Trust-based Bridges: These are operated by a centralized entity, requiring users to trust that entity to manage and safeguard their assets. While these bridges can offer faster and more straightforward operations, they introduce a single point of failure, as the security of the entire system depends on the integrity of the operator.

Decentralized Bridges: These rely on smart contracts and a distributed group of validators to ensure smooth and secure operations without needing a central authority. Although they avoid centralization issues, they can sometimes be slower or more costly due to the additional security checks involved.

Hybrid Bridges: Hybrid bridges combine elements of both trusted and decentralized models, using centralized intermediaries alongside decentralized smart contracts or consensus systems. This approach aims to balance efficiency and security, providing a flexible solution for cross-chain asset transfers.

Two-way Bridges: Bi-directional bridges enable the transfer of assets in both directions between two blockchains, making it easy to move your tokens in either direction.

One-way Bridges: As the name suggests, these bridges allow the transfer of assets from one blockchain to another but do not support transfers in the opposite direction. They’re useful in cases where you only need to transfer tokens once, such as when moving assets to a chain where they will remain and be used.

Brotocol's type is Two-way Bridges .