๐งช How ReserveBTC Works
Verifying your BTC without giving it away.
๐ Step-by-Step Processโ
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Register your BTC address Submit a BTC address and an ETH address on ReserveBTC.io. No private keys or KYC required.
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Get your checksum The system gives you a small, unique BTC amount to send (e.g. 0.00004123 BTC) โ this acts as a cryptographic fingerprint.
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Send the exact amount Send the checksum to the unique address shown. This verifies you control the wallet without revealing your identity.
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Wait for confirmation Our Chainlink Oracle monitors the Bitcoin network. Once your checksum is confirmed, we validate your ownership.
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Receive rBTC-SYNTH A non-transferable synthetic token is minted on Ethereum and sent to your provided ETH address. This token proves you hold BTC โ but your BTC stays untouched.
๐ Key Advantagesโ
- Zero custody: You never give us access to your Bitcoin.
- On-chain verification: Everything is cryptographically provable.
- Instant revocation: If your BTC moves, your token auto-burns.
- Cross-chain utility: Use BTC in Ethereum-based ecosystems.
๐ ๏ธ Next:โ
ReserveBTC = Proof-of-Bitcoin without leaving your wallet.