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RE: CZ steps down. // Trouble for Hive

in LeoFinance5 months ago

Wanchain looks like HTLC based swaps. We've already built support for this natively in @vsc.network. With some more work VSC can do exactly what Wanchain does but directly with other cryptocurrency pairs natively supporting HTLCs. No bridging to wanchain required and adding extra complexity.

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sounds good. But surely if you just bridge to Wan that opens the doors to everything else. One bridge less work? all good tho.

I'd have to do more research on that and find out exact technical complexities (especially considering hive has no L1 smart contracts). HTLC cross chain swaps using VSC (hooked in with HIVE) is a well understood problem with known advantages and disadvantages

I think a bridge and some DEX listings would be a good starting point.

For starters we are building a Bitcoin to HIVE bridge using @vsc.network. That'll wrap HIVE into smart contracts where a DEX can trade HBD/HIVE for wBTC