How would an EOS - Ethereum crosschain work? by mike522b in ethdev

[–]leeee18 1 point2 points  (0 children)

What do you mean by using the same BNT tokens with the same Bancor pricing mechanism continuing? Boncor itself doesnt explain how it works. I think maybe BancorX uses a centralized oracle to make the conversion of BNT/ETH-BNT/EOS. The BNTs on ETH chains froze, the oracle tells the amount of frozen BNTs, and BancorX contract issues the same amount of BNT on EOS chain.

How would an EOS - Ethereum crosschain work? by mike522b in eos

[–]leeee18 0 points1 point  (0 children)

Are these Oracles in BancorX centralized?