❓FAQs

In this guide, we will answer commonly asked questions regarding the Lightec

Q1: What is the zkBTC Cross-Chain Bridge?

The zkBTC Cross-Chain Bridge is an innovative solution based on ZKP technology designed to enable seamless cross-chain interactions between Bitcoin and Ethereum. It’s aimed to enhance the liquidity and interoperability of cryptocurrency assets.

Q2: What security mechanisms does the zkBTC Cross-Chain Bridge employ?

The zkBTC Cross-Chain Bridge uses a no-pool, no-custody design where assets are managed entirely by smart contracts, eliminating reliance on any centralized entity. This security approach significantly reduces centralized risks, providing a safer and more reliable cross-chain experience.

Q3: What unique features does opZKP bring to the table？

opZKP technology is characterized by its higher degree of decentralization. Compared to other Layer 2 solutions, it offers a secure and trustless solution. These features help improve Bitcoin’s scalability, efficiency, and overall security.

Q4: How is high decentralization achieved?

The zkBTC Cross-Chain Bridge achieves a high level of decentralization through measures such as deploying smart contracts on the Ethereum network,which are fully accessible for anyone to engage with and verify, and our open-sourced proof generator allows users to independently produce proofs. The team does not have access to private keys of any assets. These steps ensure transparency and security in operations, bolstering user trust.

Q5: What is the Chainark tool, and what role does it play in the zkBTC Cross-Chain Bridge?

Chainark is an open-source tool designed to prove recursive chain structures, which are crucial for diversified proof structures in the zkBTC Cross-Chain Bridge. It enables connection of the proof block to the genesis block through a single proof, regardless of the number of intermediate blocks, enhancing proof efficiency and system security.

Q6: What's opZKP upgrades? What's next?

Bitcoin is due for an upgrade to enhance its network performance and address issues such as slow processing and high fees. opZKP is designed to enhance Bitcoin's scalability and transform it into a robust infrastructure. By implementing opZKP, Bitcoin could host a range of complex applications and smart contracts by then. We understand that this is a long-term endeavor and we eagerly anticipate collective efforts from all Bitcoin developers. Together, we can shape the future of Bitcoin's infrastructure.