Tenx Implements SegWit to Facilitate BTC to ETH Blockchain Transactions

Tenx, cryptocurrency debit card, and wallet producers have announced the successful implementation of SegWit through its own COMIT Protocol.
In a bid to facilitate transactions from the Bitcoin network to the Ethereum blockchain.

In a blog post, Tenx presented simple ways to connect to two blockchains: an Atomic Swap using HTLC (Hashed Time-Lock Contracts). Atomic Swaps are a trustless and safe way for two parties to trade assets across different chains.

blockchain, smart contracts cannot be changed after their deployment. Thus, patching them is very hard if not impossible. As a result, even small bugs can have severe consequences. In order to mitigate this risk, our Atomic Swap uses disposable contracts:

For each trade, a new smart contract is deployed.
Our smart contracts are not and cannot be shared between trades.
Once a trade is completed, the associated smart contract self-destructs and thus, its lifetime end.
SegWit is an abbreviation for Segregated Witness, a protocol upgrade that changes the way data is stored on the BTC network. It was first activated on Litecoin in May last year closely followed by Bitcoin in August.