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TON Teleport BTC Whitepaper Goes Public Ahead of Mainnet Launch

  • TON Teleport BTC, a TON-based project, has released its whitepaper to the community.
  • The project aims to create a trustless decentralized bridge for transferring Bitcoin from its blockchain to the TON blockchain.
  • The whitepaper highlights trustlessness, autonomy, transparency, and decentralization as key goals.
  • TON Teleport BTC uses a mechanism of peg-in and peg-out to automate the process of transforming BTC tokens to TON tokens.

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