Universal Bridge for a Multi-Chain Future
ViteBridge is a generic and decentralized cross-chain transfer protocol to bridge all blockchains. ViteBridge will allow unconstrained transfer of information and value between heterogeneous ecosystems, and push our industry towards more openness and interoperability.
Features
Universality
Works between any two chains
Trustlessness
Provides a bridge in a decentralized way
How ViteBridge Works
- 1. Smart Contract Wallet: A decentralized wallet manages assets and signs transactions on the remote chain. A consensus group of nodes co-own the wallet’s private key.
- 2. Relay: Observes and reports transactions on the remote chain, forwards signatures on the Vite chain to the remote chain. The relay must bond assets on the remote chain as collateral.
- 3. Mint Contract: Responsible for minting/burning of assets that get bridged to the Vite chain.
ViteBridge Use Cases
Cross-Chain DeFi
Allow assets to move from one chain to another to participate in yield-farming opportunities offered by different ecosystems.
Cross-Chain Trading
Enable convenient and secure trading of digital assets issued on different blockchains.
Cross-Chain NFTs
Easily move digital collectibles between chains to experience different NFT DApps.