Security Protocols and Decentralized Validation

Security is paramount when transferring assets between different blockchains. The bridge employs a robust Multi-Party Computation (MPC) validation system, ensuring that multiple decentralized validators must approve any transaction before it can proceed. This decentralized approach reduces the risk of central points of failure or malicious behavior from any single entity.

• Decentralized Validators: A network of independent validators oversees every transaction. The validators ensure that assets are properly locked, transferred, and minted or burned according to the bridge’s rules.

• MPC Consensus: For any action to be executed, several validators must reach a consensus, ensuring that no single validator can alter the transaction process or manipulate transfers.

• Oracles: Oracles play a critical role in feeding real-time data from both the Fractal Bitcoin and Ethereum chains to the bridge. They ensure that the bridge operates based on accurate, up-to-date blockchain information, such as transaction statuses and asset movements.

Additionally, timelocks are used to ensure that transactions are completed within a specific timeframe, further mitigating security risks. The bridge’s reliance on merged mining with Bitcoin strengthens security further, as it benefits from Bitcoin's substantial hash power to protect against potential attacks.