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.