Swingby Protocol
Information by Research Trustfinance
Swingby Protocol is a decentralized proof-of-stake network designed to facilitate trustless swaps between different blockchains. Its flagship product, Skybridge, enables users to move assets like Bitcoin to other chains such as Ethereum and BNB Smart Chain, allowing them to participate in the decentralized finance (DeFi) ecosystem without relying on a centralized custodian. The protocol is secured by a network of 'Metanodes' that utilize Threshold Signature Scheme (TSS) and Multi-Party Computation (MPC) technology to secure the assets being transferred.
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