This repository is hosted on GitLab: https://gitlab.com/interlay/btc-parachain with a mirror on GitHub.
This is a proof of concept implementation of a BTC Parachain to bring Bitcoin into the Polkadot universe. It allows the creation of PolkaBTC, a fungible token that represents Bitcoin in the Polkadot ecosystem. PolkaBTC is backed by Bitcoin 1:1 and allows redeeming of the equivalent amount of Bitcoins by relying on a collateralized third-party.
The project uses the concept of Cryptocurrency-backed Assets to lock Bitcoin on the Bitcoin blockchain and issue BTC-backed tokens on the BTC Parachain. The implementation is based on the BTC Parachain specification.
The Substrate runtime can configuration is in the parachain folder.
The Substrate runtime makes use of various custom pallets and crates that are found in the crates folder.
If you would like to contribute, please file an issue on GitLab or reach out to us.
We are hiring!
(C) Copyright 2020 Interlay Ltd
BTC-Parachain is currently licensed under the terms of the Apache License (Version 2.0). See LICENSE