Questions tagged [token-based bridge]

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Ilaria Ilaria Sun Sep 22 2024 | 7 answers 2045

What happens to your Bitcoin if you use a token-based bridge to make your Bitcoin operable on Ethereum?

Could you elaborate on what happens to one's Bitcoin when they utilize a token-based bridge to make it operable on the Ethereum network? Does the original Bitcoin still exist and retain its value, or does it get converted into a different form of digital asset? Are there any risks or considerations that one should be aware of before proceeding with such a transaction?

What happens to your Bitcoin if you use a token-based bridge to make your Bitcoin operable on Ethereum?

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