ICP, BTC & ETH — Chain Fusion Technology

Explore Chain Fusion Technology's integration of ICP with Bitcoin and Ethereum through threshold cryptography, cross-chain communication, and twin token systems like CKBTC.

Key takeaways
  • Chain Fusion Technology integrates ICP with other blockchains like Bitcoin and Ethereum through threshold cryptography and secure cross-chain communication

  • The system uses Chain Key ECDSA signing, allowing smart contracts to securely interact with and sign transactions for other blockchains without exposing private keys

  • Integration with Bitcoin is achieved through Bitcoin adapters and threshold signing, providing a trustless way to track UTXOs and manage transactions

  • Ethereum integration uses both threshold signing and secure RPC calls to multiple providers, enabling smart contract interactions with EVM chains

  • CKBTC and CKETH are fully-backed “twin tokens” that allow low-fee transfers on ICP while maintaining 1:1 backing with native assets

  • The architecture scales horizontally through subnets (independent blockchains) that operate concurrently, achieving high throughput and storage capacity

  • Node providers must meet strict hardware requirements and operate bare metal servers (no VMs) in independent data centers across different jurisdictions

  • Current subnet capacity is around 750GB storage per subnet with plans to expand to 3-5TB through protocol optimizations

  • Major applications built using Chain Fusion include decentralized exchanges, ordinal marketplaces, cross-chain wallets, and social platforms

  • Future integrations will include Solana, Cardano, Algorand and other chains based on DAO votes and community needs