Kaon
  • INTRODUCTION
    • What is Kaon?
    • Why Kaon?
    • Who Should Use Kaon?
    • Who Should Build On Kaon?
    • How Does it Work?
    • Terminology
  • QUICKSTART
    • Getting Started
    • 5-Minute Setup
    • Hello KAON!
  • CORE CONCEPTS
    • Fundamentals Overview
      • Unifying Bitcoin and Ethereum(EVM)
    • Cross-Chain Interactions
      • Bridge-less Token Transfers
      • Oracle-less Cross-chain Message
      • Cross-Chain Transaction Management
      • Gasless Operating Process
      • Bridge-less ERC cross-chain Transfers
    • BTC Transaction Lifecycle
      • BTC Locking and Mirroring
      • BTC Withdrawal
    • EVM Integrations
      • mirrorBTC and EVM Interactions
      • mirrorBTC Transfer To EVM Chain
      • Restore mirrorBTC From Wrap Process
      • Metamask and other Offchain EVM Wallets Support
    • Consensus Mechanisms
      • Kaon Chain Consensus (dPoS)
      • Cross-Chain BFT Consensus
      • Slashing Incidence Process
    • Key Innovations
  • NETWORK & TOOLS
    • Kaon Testnet
    • Kaon CLI
    • Network and Tools
  • GUIDES & TUTORIALS
    • Creating a Time-Locked Bitcoin Vault
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  1. CORE CONCEPTS
  2. EVM Integrations

mirrorBTC Transfer To EVM Chain

PreviousmirrorBTC and EVM InteractionsNextRestore mirrorBTC From Wrap Process

Last updated 6 months ago

  1. The transfer process is initiated by the user.

  2. Upon recognition of the transfer, the mirrorBTC is moved to the network’s storage. This storage is part of the cross-chain pool that manages the creation of new vouchers for cross-chain transactions.

  3. (EVM chains only) The cross-chain pool storage creates new vouchers to represent the mirrorBTC tokens.

  4. The special BRC/ERC mirrorBTC tokens are transformed into simple ERC20 tokens because other chains do not support the Bitcoin UTXO paradigm. Maintaining the UTXO model on these chains is impossible.

  5. New ERC20 tokens are issued on the target EVM chain, representing the transformed mirrorBTC. These tokens adhere to the ERC20 standard, ensuring compatibility with the EVM chain’s infrastructure.

Although the UTXO model is not supported on EVM chains, the transformation process can be reversed using Voucher produced by this transformation.