Supporting the Decentralisation of Tixl’s Cross-Chain Bridge
As of now, Tixl’s Cross-Chain Bridge is hosted decentrally. If Ethereum based projects want to list their ERC20 tokens on PancakeSwap or a Binance Smart Chain DEX, they need to offer their token holders an ERC20 – BEP20 Bridge.
As Binance Smart Chain’s native bridge one is only available to projects listed on Binance, Tixl has built a bridge to support ERC20 — BEP20 bridging for non-listed projects.
Tixl’s BEP20 bridge is set up in a decentralised way, unlike the Binance Bridge. To enable the decentralisation of the Tixl Bridge, the oracle address triggering the release of the bridged tokens is created through the participation of 3 decentralised nodes. DIA is excited to provide one of the nodes enabling this, next to Rocknitive, Tixl as the second and third.