Transfer bitcoins back and forth from a multichain network

+1 vote
Is it possible  to transfer bitcoins to Multichain network   ? Can a node act like an exchange  between  bitcoins and  local assets ?
asked Dec 13, 2016 by varadarajan

1 Answer

0 votes
In general this notion of directly connecting blockchains together without a trusted party in the middle, e.g. to transfer assets in either direction between them, is not really viable, or at least no one has come up with a practical way of doing it yet. In the meantime, the closest you can get is this:

https://en.bitcoin.it/wiki/Atomic_cross-chain_trading
answered Dec 14, 2016 by MultiChain
What about Interledger protocol ?
https://interledger.org/getting-started.html
Can it be used between two multichain blockchains ?
Interledger requires a trusted party in the middle.
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