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Author Topic: How do cryptocurrencies get tethered to multiple other cryptos?  (Read 150 times)
Dionysus.ECO
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December 11, 2017, 09:49:45 PM
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I was curious as to how you can make a crypto tethered to any other cryptocurrencies on exchanges?

Would it be someone adding multiple lines of code from multiple other cryptocurrencies or is it the exchange that decides whether or not , they can be transferred from one to another?

Thanks everyone!
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December 12, 2017, 11:41:41 AM
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Would it be someone adding multiple lines of code from multiple other cryptocurrencies or is it the exchange that decides whether or not , they can be transferred from one to another?

You can't just merge 2 blockchains to send coins 'from one to another'.
I think you might talk about interfaces which trigger a transaction on another chain?
An exchange has nothing to do with this kind of approach to create connected chains. There will be never the possibility to move coins across chains.
You can find a lot of useful information in some projects which deal with this kind of 'mechanism'. Ark [1] with their 'smart bridges', lisk [2] and rise[3] with sidechains.

[1] https://ark.io/
[2] https://lisk.io/get_started
[3] https://rise.vision


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