add short description of the project

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Alexander Kolotov 2019-08-21 15:16:25 +03:00
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### Ethereum to Binance Chain bridge demo
## Ethereum to Binance Chain bridge
https://forum.poa.network/t/ethereum-to-binance-chain-bridge/2696
The bridge is able to transfer an ERC20 tokens on an EVM based chain to BEP2 to the Binance Chain.
It includes the following components:
1. The bridge contract on an EVM-based chain that is responsible to receive and release ERC20 tokens
2. The orchestration contract on an EVM-based chain that participate in MPC (multy-party computations) to generate a threshold signature.
3. The oracle that monitors the chains and the send transactions. One oracle represents one validator.
#### Demo info
This demo, at the beginning, consists of three validator parties, while only
two are enough to sign any transaction in the Binance Chain,