About ETH-BNC bridge
Experimental bridge to relay ERC20 tokens from an EVM-based chain to the Binance chain
The TokenBridge solution allows digital asset transfer between two Ethereum Virtual Machine (EVM) based chains. Bridge operations are served by the TokenBridge oracles (Validators) - nodes that listen to user's relay requests. A user sends funds to a specific (bridge) account in one chain and formulates the relay request. Then, each validator node votes to approve the requested relay operation using a multisig wallet. As soon as enough votes are collected, the relay request is finalized and the corresponding asset amount is unlocked.
The ETH-to-BNC bridge combines the TokenBridge approach with a TSS to approve relay operations and facilitate asset transfer between an EVM chain and the Binance chain.