interbtc-spec

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interBTC specification for a trust-minimized Bitcoin to Polkadot (and beyond) bridge

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# interBTC Specification

This repository includes the specification for a two-way bridge between Polkadot and Bitcoin.
The bridge implements Bitcoin-backed tokens on a [Polkadot parachain](https://medium.com/polkadot-network/polkadot-the-parachain-3808040a769a).
The concept of Bitcoin-backed tokens is based on [Cryptocurrency-backed Assets](https://www.xclaim.io/).

The specification consists of two parts:

1. XCLAIM(BTC,DOT) Bitcoin-backed tokens: The protocols and functions required to issue and redeem tokens as well as management of vaults.
2. BTC-Relay: The component that is used to verify Bitcoin transactions on the Polkadot parachain.

## Specification Documents

- [Web Version](https://spec.interlay.io)
- [PDF](https://interlay.gitlab.io/interbtc-spec/interbtc-spec.pdf)

## Contributing

See [CONTRIBUTING.md](CONTRIBUTING.md) for details.

You can contribute to this project. The following instructions will get you started with a local development environment.

### Requirements

The project is built with [Sphinx](https://www.sphinx-doc.org/en/master/).
Install the requirements with:

```sh
pip install -r requirements.txt
```

### Autobuild

To have Sphinx automatically detect changes to .rst files and serve the latest changes in the browser, run:

```sh
autobuild.sh
```

The specification is served at [http://127.0.0.1:9000/](http://127.0.0.1:9000/)

### LaTeX

You will have to have the required LaTeX packages installed to build the LaTeX files and export the document to PDF.

You can then run:

```sh
latexbuild.sh
```

interbtc-spec

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