Bitcoin Deposits

Just wondering how you are able to return safe coins to the same address that is used for bitcoin?

1 Like

@dsnbtc We use a token created through the omniprotocol - which uses the bitcoin blockchain to store a cryptographic payload that defines our coin.

Since our omni based coin uses the same ECDSA Keys as bitcoin therefore, your private key for your bitcoins is the same for moving around omnicoins in our case they are called Safe Exchange Coins.

This means that we can reliably return coins to the contributors’ public keys associated with their contribution.

3 Likes