How does ethereum know you locked up BTC on bitcoin to mint wrapped BTC?

This page summarizes the projects mentioned and recommended in the original post on /r/CryptoTechnology

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  • darknode-cli

    Tool for deploying and managing Darknodes

  • WBTC is centralized. you give your bitcoins to a company and they create a ERC-20 token to match them and they give that to you. if you want your bitcoins back you have to return to them the ERC-20 token and they burn it or something. obviously this is not so good if you don't want to trust the custodian. renBTC is decentralized and it relies on the same hash time locked contracts that enable bitcoins to be deposited into the lightning network. there is more info at https://renproject.io/ including some documentation but it's not very good.

  • InfluxDB

    Power Real-Time Data Analytics at Scale. Get real-time insights from all types of time series data with InfluxDB. Ingest, query, and analyze billions of data points in real-time with unbounded cardinality.

    InfluxDB logo
NOTE: The number of mentions on this list indicates mentions on common posts plus user suggested alternatives. Hence, a higher number means a more popular project.

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