📇Interoperability with Bitcoin: The Role of Relayers

A core innovation of Torram’s decentralized oracle network is its Bitcoin-native settlement mechanism, which ensures that all price data is finalized directly on the Bitcoin blockchain.

Relayers are an integral part of Torram’s peer-to-peer (P2P) network and are responsible for packaging aggregated price data, verifying it with Merkle proofs, and committing it to Bitcoin for finality. Every validator runs a relayer as part of their node, ensuring a tamper-proof and trustless data layer that applications can depend on.

The relayer process works as follows:

- Validator Submission: Validators retrieve data from multiple trusted sources, reach consensus on pricing, and submit aggregated price updates to Torram every 1 to 60 seconds.

- Relayer Finalization on Bitcoin: Every 10 minutes, relayers submit a cryptographically verified Merkle-proof-backed transaction containing finalized price data onto the Bitcoin blockchain, ensuring permanent and verifiable settlement.

- Immutable Records: Bitcoin’s open ledger guarantees that once data is committed, it cannot be altered, providing a high-integrity source of truth for applications.