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keep-network / tbtc-dapp

Deposit BTC and redeem TBTC
http://dapp.test.tbtc.network/
MIT License
33 stars 31 forks source link

tBTC token seems to be tied to the original ETH Address from which it was minted through TDT ID - What happens if token gets transferred #301

Open ramaruro opened 4 years ago

ramaruro commented 4 years ago

To redeem the tBTC token you need the TDT ID (which by the way is well hidden in the transactions and very difficult to find for a regular user) It seems that only the original owner of the Bitcoin used to mint tBTC can Redeem it, as the TDT ID is tied to the owner's wallet. If the tBTC token gets transferred, it seems that it cannot redeemed It should be possible to transfer the token and the new owner should be able to REDEEM it back.

If it cannot be transferred, it needs to clearly be stated during the Minting Process.