Nexio eliminates the need for:
  1. Cross-chain bridges,
  2. Token wrapping, or;
  3. Custodial intermediaries.
This is thanks to the MPC-TSS Bridge covered in MPC-TSS Bridge. This architecture is highly secure and provides an extensive range of benefits that include decentralized control, strong security, transparency and integrity, and ultra-fast computations. In this section, we provide a closer look at:
  • Threshold-Based Security: Nexio uses an {m, n} threshold configuration to ensure that any transaction requires collaboration from a minimum number of participants.
  • Deposit Flow: When users deposit Bitcoin into Nexio’s MPC-TSS vault, generating cryptographic proofs and minting equivalent BTC tokens for use within Nexio’s ecosystem.
  • Withdrawal Flow: When users withdraw Bitcoin back to the Bitcoin network through a secure process involving proof generation, verification, and decentralized approval using MPC-TSS.