The draft specification of SHA-Gate-V2

Hello, everyone,
We have finished the draft specification of SHA-Gate-V2, you can find its details at:

We have presented some earlier versions of it to some engineers in private for review (many thanks for their comments). Now we’d like to hear from the community for ideas and suggestions on this refined version. Any opinions are appreciated.

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We are also working on some Proof-of-Concept codes in progress. Please check out:

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Super hyped for this.

I really really hope you deliver real decentralization (or at least a working system based on Proof Of Work) this time.

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BUMP.

anyone know where this stands?

Unfortunately, it would seem the original SmartBCH “decentralized” bridge concept is dead. It was never proven to be possible mathematically, so it figures.

However there are some chinese folks working on a next generation bridge, based on “trusted” set of hardware. There are rumors of certain huge hardware manufacturer being behind it.

I have no idea how far have works progressed on it, and it is a completely separate topic.

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