Dapp-a-day 10: Cross-Chain BTC Trade via BTC-Relay

in #ethereum8 years ago

Nexus Logo

Each weekday leading up to devcon2, Nexus will highlight a dapp, library, or package (something with a dappfile) as a promotion of our toolchain and as case studies for other developers. Yesterday's Post

Today's dapp is our first guest package. BTC Market theoretically lets you trade ERC20 tokens for real life Bitcoins in a proper atomic cross-chain trade using btc-relay. Rumor has it this dapp was almost working before its author was suddenly and decisively sidetracked by Maker.

https://github.com/makerdao/btc-market

Sort:  

Looking forward to someone building a frontend for this. One step closer to tokenised bitcoins :)

Big thanks to btc-relay for making this possible in the first place. Let's make all the chains talk to each other!

Etheroll will be looking to implement BTC-relay for its Ethereum based dice game. Keep an eye on us! Look out Satoshi Dice! http://www.etheroll.com

In my opinion this could be a very significant tool for ecosystem.

thought the same, while I was reading the post. This will have a big impact in the whole blockchain ecosystem.

Thank you nikolai :)

This post has been linked to from another place on Steem.

Learn more about linkback bot v0.3

Upvote if you want the bot to continue posting linkbacks for your posts. Flag if otherwise. Built by @ontofractal

Nice article. I was about to start a similair discussion. Be prepared for a fluctuating crypto market. We do need more indept investment analysis. Besides coinmarketcap.com there is: https://www.coincheckup.com I'm using this site that gives in depth reports on every tradable cryto in the market. See: https://www.coincheckup.com/coins/Etheroll#analysis For the Etheroll Detailed analysis