A Trustless Bridge
Syscoin Bridge is set to offer trustless and permissionless interoperability between the Syscoin and Ethereum blockchains, freeing you from the common limitations and risks when moving from one platform to another. Neither counter-parties nor incentivized custodial holders are required to use the bridge.
A two-way mint/burn process using zero-knowledge proofs provides token fungibility in both directions, while the sum token supply is properly maintained across all involved platforms.
Syscoin Bridge stands apart by providing other distributed ledgers the benefits of Syscoin Platform, including access to the decentralized high-throughput transaction layer, ZDAG; tested by Whiteblock and shown to surpass the transaction throughput of the largest credit card networks.
Bridge users benefit from Syscoin's underlying security, which is inherent in being merged-mined with Bitcoin and Bitcoin Cash; Syscoinu2019s base layer remains fully compliant with Bitcoin Core, staying up-to-date with the latest Bitcoin technology.
Prominent Syscoin core developers,
selected Ethereum as the first subject of integration for this bridge. Two fundamental reasons led the company to choose Ethereum: to provide new and existing Syscoin Platform Tokens with access to Ethereum's time-tested smart contract capabilities and toolkits, and address Ethereum's growing need for a viable scaling solution by giving ERC20s access to fast, secure, low-cost transactions on a scalable layer that is also decentralized.