Audience
Traders, crytpo users, and anyone looking for a cross-chain bridge solution to exchange crypto assets
About Horizon by Harmony
Horizon is a cross-chain bridge that allows exchange of crypto assets (e.g., fungible/non-fungible tokens, stablecoins) between Ethereum, Binance Smart Chain and Harmony blockchains. Horizon’s main purpose is to enable transfer of assets from Ethereum (or Binance Smart Chain) to Harmony. Users holding assets on Ethereum (or Binance Smart Chain) can exchange them to corresponding assets on Harmony (1:1). Horizon also allows redemption of the exchanged assets back to the user's Ethereum (or Binance Smart Chain) account at any time. A pool of validators that listens to events on both Ethereum and Harmony bridge smart contracts. When a token lock action is detected on Ethereum blockchain, the pool of validators validates it and relays the finalized information to the Harmony blockchain: here, the same amount of a bridged token is minted. On the opposite, when a bridged token burn is detected on Harmony blockchain, the pool of validators validates it and relays the finalized information.