How Cross-Chain Transactions Work
1. User Initiates a Transaction
- A user requests to move an asset from Helios to an external blockchain (or vice versa) via the Helios Portal or CLI.
- The transaction is registered on Helios, initiating the bridge mechanism.
2. Hyperion Modules Validate the Transfer
- Hyperion Modules linked to the target blockchain listen for the transaction event.
- Validators running Hyperion for the target blockchain confirm the transaction’s validity by checking external blockchain records.
- Multiple Hyperion nodes must agree on the transaction to ensure decentralized validation.
3. Multi-Signature Confirmation
- Validators sign and broadcast confirmation of the transaction.
- A threshold of confirmations (e.g., 2/3 majority) is required before executing the transfer.
- This prevents single-entity control over asset transfers.
4. Execution on the Target Chain
- Once verified, the corresponding asset is either minted (if transferring into Helios) or released from escrow (if exiting Helios).
- The transfer is finalized, and the user can see their funds on the target chain.
Security Mechanisms for Cross-Chain Transactions
To ensure safety and prevent fraudulent activities, Helios integrates multiple security layers:
Hyperion Reputation System
- Validators that participate in cross-chain validation must have a high reputation score to sign transactions.
- Validators with a history of accurate and timely validations receive priority.
Multi-Signature Approval
- Cross-chain transactions require multi-party validation.
- At least 2/3 of Hyperion nodes must sign a transaction before execution.
- This decentralized approach ensures no single entity can approve a fraudulent transaction.
Timed Lock Mechanism
- If a cross-chain transaction is not confirmed within a set time, it is automatically refunded.
- This prevents assets from being stuck in limbo and enhances user confidence.
Slashing for Malicious Actors
- Validators attempting fraudulent transactions lose staked assets and reputation points.
- Repeated offenses result in removal from the validator set, reducing risks of bad actors.
Automatic Cross-Chain Auditing
- All cross-chain transactions undergo automated integrity checks.
- Suspicious transactions trigger additional validation steps before execution.
Distributed Bridge Operators
- Hyperion Modules are decentralized across multiple validators.
- No single entity controls the bridging mechanism, ensuring redundancy and security.
Performing a Cross-Chain Transfer
Users can perform cross-chain transfers through multiple interfaces:
1. Using the Helios Portal (Recommended for most users)
- Navigate to the Bridging Section.
- Select the asset and target blockchain.
- Confirm the transaction and wait for the Hyperion validation process.
2. Using the CLI (Advanced Users)
heliades tx bridge transfer --amount 100USDT --to-chain ethereum --recipient 0x123456...
- This command will initiate a bridge request to send 100 USDT from Helios to Ethereum.
3. Using EVM Smart Contract Calls (For Developers)
const bridgeContract = new ethers.Contract(
'0x0000000000000000000000000000000000000807',
bridgeAbi,
signer
);
await bridgeContract.initiateTransfer(
'100000000', // Amount in smallest unit
'0xRecipientAddress',
'ethereum'
);
Tracking Cross-Chain Transactions
Helios provides real-time tracking of cross-chain transactions via:
- Helios Explorer (explorer.helioschain.network)
- Transaction in Helios Portal or more in the Explorer
- CLI Command:
heliades query bridge transactions --account <your-address>
Best Practices for Secure Cross-Chain Transactions
To enhance security, users should follow these best practices:
-
Use Reputable Validators
- Validators with high reputation scores offer safer cross-chain services.
-
Monitor Transactions in Real-Time
- Use Helios Explorer to track cross-chain transfers.
-
Enable Transaction Notifications
- Configure alerts in Helios Portal for bridge confirmations.
-
Use Secure RPC Endpoints
- Ensure cross-chain transactions interact with verified RPC endpoints.
-
Check Multi-Signature Confirmations
- Always verify that a sufficient number of Hyperion validators have approved your transaction before finalizing.
Ensuring a Secure Cross-Chain Ecosystem
By leveraging a reputation-based security model, multi-signature approvals, and timed safety locks, Helios provides a robust interchain security framework. These measures ensure that cross-chain transactions remain trustless, transparent, and resistant to malicious activity.