Overview of a Typical 2-way Peg

New Bitcoin opcodes are needed to verify the proof from PegContract. (No opcodes are needed in Ethereum to verify the proof from Bitcoin)
After a Seller has offered their ETH by sending it to a smart contract, a Buyer can buy the ETH using BTC

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ConsenSys is the leading Ethereum software company building MetaMask, Infura, Codefi, ConsenSys Quorum, Truffle, and Diligence. Visit consensys.net

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ConsenSys

ConsenSys

ConsenSys is the leading Ethereum software company building MetaMask, Infura, Codefi, ConsenSys Quorum, Truffle, and Diligence. Visit consensys.net

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