Swingby Whitepaper

Swingby Labs was launched in 2018 by a group of crypto enthusiasts joining forces to make tools to connect Bitcoin with other blockchains. Swingby’s bridge protocol, Skybridge, builds trustless bridges between BTC, Ethereum, Binance Chain and other blockchains secured by a network of nodes that execute fast token swaps using layer 2 ‘multi-party computing’ technology. It allows users to move Bitcoin tokens between the Bitcoin, Ethereum, and Binance Chain blockchains without relying on a central custodian, opening up a world of DeFi capabilities such as liquidity pooling and DEX trading with easy to use UX.