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MultiBit

The mission of MultiBit Bridge is to serve the Bitcoin ecosystem, enable value interoperability with other networks through cross-chain methods, expand the possibilities for users to operate economic behaviors, and enable them to easily transfer BRC20 tokens to other networks.

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0x38e382f74dfb84608f3c1f10187f6bef5951de93

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In the current fragmented blockchain landscape, where numerous blockchains exist with distinct characteristics, MultiBit Bridge emerges as a groundbreaking solution. It stands as the first to facilitate cross-bridge operations for BRC20 tokens, aiming to break down the interoperability barriers that exist between the Bitcoin ecosystem tokens and those of the Ethereum ecosystem.

Why MultiBit

MultiBit Total Volume

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Security

MultiBit prioritizes security, implementing robust measures to protect user accounts and funds. It employs a process of regularly consolidating funds from distributed addresses into highly secure multisig cold wallets, enhancing isolation and protection of assets. Additionally, an approval-based withdrawal process is in place, adding an extra layer of security and accountability. Users of MultiBit can be assured that their assets are managed with a high level of security and care.

Transparency

MultiBit commits to maintaining the utmost transparency in every transaction. Not only are all transactions verifiable on the blockchain, but MultiBit also takes extra steps to ensure the security of locked funds, which represent users' original assets. To enhance transparency and trust, MultiBit plans to publicly disclose the cross-chain numbers for each asset and the addresses of their corresponding hot and cold wallets. This approach aims to provide users with clear visibility and reassurance regarding the safety and integrity of their assets.

How it all works

MultiBit simplifies the process of transferring BRC20 tokens from Bitcoin to the EVM networks. Users transfer their BRC20 tokens to their dedicated BRC20 address, and after confirmation, the tokens become available for minting on EVM networks. With MultiBit, users can effortlessly bridge and mint tokens between bitcoin and EVM networks for seamless cross-chain transfer.

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Powers MultiBit’s entire decentralized application ecosystem.

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Ecosystem

Earn (Stake)

MultiBit offers a staking function for its $MUBI token, allowing users to earn other tokens within the BRC ecosystem. This feature is designed to not only draw attention to various BRC ecosystem projects but also to support the value stability of the $MUBI ecosystem. By engaging users in staking activities, MultiBit aims to foster both participation and sustainability within its network.