High-level overview of how it can work:
Selection of Relayers: In a decentralized network of relayers, anyone who meets certain criteria (e.g., staking a certain amount of tokens) can become a relayer. This forms a decentralized network of nodes that can participate in the relaying process.
Submission of Proofs: When a user initiates a transaction on one chain (let's say BSC), the event will be emitted. Any relayer can pick up this event, construct a cryptographic proof, and submit it to the contract on the other chain (Arbitrum in your case).
Incentivization: To incentivize relayers to participate and behave honestly, they are usually rewarded with transaction fees or protocol-specific tokens.
Slashing: If a relayer submits fraudulent information, their staked tokens could be slashed as a penalty. This incentivizes them to be honest.
Consensus Mechanism: To prevent multiple relayers from submitting the same transaction or a fraudulent relayer from submitting a false transaction, a consensus mechanism is used. This could be as simple as the first relayer to submit gets the reward, or it could be more complex, like a committee-based system where multiple relayers have to agree on a transaction before it is confirmed.
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