Introducing TOOP: a significant advancement in trust minimizing transfer protocols for assets originating on Bitcoin into other blockchains
TOOP (Transfer of Ownership Protocol) by Ariel Futoransky, Fadi Barbara, Ramses Fernandez, Gabriel Larotonda, and Sergio Lerner from Fairgate Labs, proposes a secure, flexible Bitcoin asset bridging system using a 1-of-n committee.
fairgate.io/publications
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TOOP: Transfer of Ownership Protocol
Our latest paper introduces the Transfer of Ownership Protocol (TOOP)—a significant advancement in the security of trust minimizing transfer protocol for assets originating on Bitcoin into other blockchains.