The Witnet network is a decentralized blockchain-agnostic oracle, faithful to the censorship-resistant nature of blockchains. It operates on its own blockchain, using WIT tokens as its native currency. A bridge has been established to handle data requests from the Ethereum blockchain. Bridges from other networks are also planned for the future.
eWIT tokens are a custody, wrapped version of Witnet tokens managed by the WitSwap platform. Whenever someone wants to convert their WIT tokens into eWIT tokens, the WitSwap team mints these tokens and holds them in custody. Users on the Ethereum network also have the option to swap their eWIT tokens back into WIT tokens.