Decentralized Asset Custody (Coming soon)

The Data Consensus Protocol builds a trusted data basis for extending Bitcoin, while decentralized custody provides a bridge for managing Bitcoin assets. Together, they provide the necessary infrastructure for developing Bitcoin-based DApps in a fast, easy, and reliable manner.

Decentralized asset custody is not a cross-chain bridge, but a decentralized service to help users or DApps hold and manage their assets on both Bitcoin and exSat. It's easy for DApps to build customized cross-chain bridge for customized assets, and more potentials can be discovered by using the decentralized asset custody service.

Validators with asset custody capabilities can stake collateral and register as asset custodians. Once the number of custodians meets the required threshold, the decentralized custody service becomes operational. These custodians collaborate within an MPC (Multi-Party Computation) network to securely manage assets and perform custody tasks.

With decentralized asset custody, DApps can seamlessly build custom cross-chain bridges between different blockchain networks. For instance, a DApp issuing Runes assets on the Bitcoin network can use decentralized custody to bridge those assets between Bitcoin and exSat effortlessly.

This custody service is accessible to everyone, including DApps and other Bitcoin Layer 2 solutions, providing a universal decentralized asset custody framework. It opens the door to a wide array of innovative applications, allowing DApps to build their own cross-chain bridges with ease.