"A Bridge Between Different Cryptocurrencies"

Bitcoin is the most well-known cryptocurrency in the world today, but there are numerous others, each implementing a different set of technical features. To exchange one cryptocurrency for another, so-called "bridges" are used, which are typically provided by companies that hold significant sums of various cryptocurrencies and offer to exchange them. However, this has often led to security issues and criminal cases involving the theft of cryptocurrencies worth billions. Researchers at TU Wien developed a novel protocol to enable the exchange of one cryptocurrency for another efficiently and securely. "Glimpse" is the name of the new protocol, which will provide the cryptocurrency world with entirely new options. The "USENIX Security Symposium" accepted the paper presenting this new tool. This article continues to discuss the novel protocol developed at TU Wien that enables the exchange of one cryptocurrency for another in an efficient and secure manner. 

TU Wien reports "A Bridge Between Different Cryptocurrencies"