Interoperability is a core pillar of the Aion Network. This functionality is both ambitious to build, as well as a prerequisite for Blockchain technology to be adopted and used in new markets and exciting new use cases. Part of delivering on that ambition is a product release schedule that is agile and builds iteratively. The Aion Token Bridge is the first major release in the roadmap to a fully functioning Generic Bridge, where assets, data, and value can be transferred across blockchains using a common protocol. On May 2nd, 2018 at the AIONEX conference the Aion team did a live demonstration of the Ethereum to Aion Token Bridge.
ERC-20 to Aion
The Aion Token bridge is built to facilitate decentralized transfer of value from the Ethereum network to the Aion network. The Aion token bridge is designed for a specific purpose of unidirectional transfer of Aion ERC-20 from the Ethereum Network to native Aion Coin on the Aion-Kilimanjaro network. This bridge implementation works through a bridge cluster containing a set of nodes with hooks into both networks. These nodes actively listen to bridge specific events on both networks and act only on specific transactions or interactions on either network i.e. Aion ERC-20 transfer to Aion coin.
The above high-level diagram illustrates the three main structural components of the Aion Token Bridge; Ethereum network clients, Bridge nodes, and Aion-Kilimanjaro network clients. More detail of each of these components, their role, and function, as well as an in-depth explanation of the how this bridge works will be published in a follow-up post. Until then, check out the live demo of the token bridge from the AIONEX conference.
An early version of the bridge was demonstrated at AionEx, below is a video of the presentation here is a link to the slides.
