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Blockchain relay bridge #8

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harsh-98 opened this issue Dec 16, 2018 · 0 comments
Open

Blockchain relay bridge #8

harsh-98 opened this issue Dec 16, 2018 · 0 comments
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Hackference Use this label for Hackference proposal

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@harsh-98
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harsh-98 commented Dec 16, 2018

Hackathon Name*

Hackference

-Relay-bridge is an blockchain technology which allows uses to trade assets and tokens between different blockchain. This implementation is focused on using the POA-network's relay-bridge technology for exchanging ERC20 with ERC667.

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Project Title*

Relay-Bridge

Project Description*

In the future, we see a world filled with diverse blockchains all serving specific and unique purposes. Currently, these blockchain networks exist in isolation with no communication or interoperability between them.
This is an existential problem that needs to be addressed in order for a truly trustless ecosystem to develop and thrive. Currently, if one want to exchange zcash for ethereum then he has to relay on a centralized exchange authority, which aften maintains off chain orders (orderbook of the transactions). This differ from decentralised aspect of blockchain technology and due to this when exchanges are hacked they can loss millions.
I have used POA network token-bridge, poa-bridge-contracts, bridge-ui.

Project Limitations

It can only work between ethereum complaint forks and sidechains.

Project Repository*

https://github.com/harsh-98/relay-bridge

Tech Stack*

RabbitMQ, Node, shell, Redis, ganache, remix

Team Members and Contact info*

@harsh-98

@punit-agarwal punit-agarwal added the Hackference Use this label for Hackference proposal label Dec 18, 2018
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