Bitcoin core dev to ‘unite’ Bitcoin and Ethereum with cross-chain tunnels
The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges.
As recent crypto hacks expose security vulnerabilities in cross-chain bridges, the community is exploring alternative approaches to achieving interoperability. One project has introduced an innovative feature called “tunneling,” designed to link the two largest networks in the crypto space.
Jeff Garzik, an early core Bitcoin developer, founded the Hemi Network, a blockchain protocol that aims to “unite” the Bitcoin and Ethereum blockchains through tunnels. According to Hemi, the project approaches the two blockchains as components for a larger supernetwork.
The team claims that, unlike cross-chain bridges, tunneling creates a unique environment that allows Bitcoin and Ethereum to “coexist.” This removes attack vectors associated with traditional bridges.
The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges.
As recent crypto hacks expose security vulnerabilities in cross-chain bridges, the community is exploring alternative approaches to achieving interoperability. One project has introduced an innovative feature called “tunneling,” designed to link the two largest networks in the crypto space.Jeff Garzik, an early core Bitcoin developer, founded the Hemi Network, a blockchain protocol that aims to “unite” the Bitcoin and Ethereum blockchains through tunnels. According to Hemi, the project approaches the two blockchains as components for a larger supernetwork. The team claims that, unlike cross-chain bridges, tunneling creates a unique environment that allows Bitcoin and Ethereum to “coexist.” This removes attack vectors associated with traditional bridges.Read more