Quote from: Kalson9 on September 14, 2023, 03:46:47 PM

Quote from: adaseb on September 09, 2023, 07:20:48 PM

Does such as service exist? I recall there was one that was called RennBTC (or something similar) however due to FTX collapse they got shut down. I recall it was possible to take Bitcoin on the bitcoin blockchain and bridge it to WBTC which was on the Ethereum blockchain.

So wondering if there are any services out there or so called bridges that make this possible? I know its very easy to bridge with ETH, ARB, POLY, BNB, ZkSync, etc however is it possible to bridge back and forth with the BTC blockchain?

There are two main methods for bridging BTC to ETH is wrapping BTC into ERC-20 token via services like WBTC,RenBTC or tBTC.
Making a swap of BTC directly to ETH via DEXes like RocketXchange or Thorsoap.

How does the Thor work exactly? Does it have bitcoin and Ethereum on both networks and it just sends it to you when you make the bridge?

I am assuming the transaction fees for this aren’t cheap. Also what is the risk here exactly? What guarantee do you have that you will get your transfer fulfilled?