Redriver with two reference clocks and method of operation thereof

A two reference clock architected redriver includes an inbound elastic buffer and an outbound elastic buffer. Data transmitted to and received from a North Bridge uses a common reference clock architecture. Data transmitted to and received from an external blade uses a separate reference clock architecture. The inbound elastic buffer includes an inbound elastic buffer recovered clock domain, an inbound elastic buffer common reference clock domain, and an inbound decoder/descrambler, an inbound scrambler/encoder, and inbound liner shift registers. The outbound elastic buffer includes an outbound elastic buffer common reference clock domain, an outbound elastic buffer low jitter clock domain, and an outbound decoder/descrambler, an outbound scrambler/encoder, and outbound liner shift register.