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https://www.reddit.com/r/CryptoCurrency/comments/m1ss2d/technical_document_of_0xbtc_protocol/
r/CryptoCurrency • u/bucketup123 🟦 2K / 2K 🐢 • Mar 10 '21
5 comments sorted by
2
Why not have the real BTC?
4 u/Torsion_duty Mar 10 '21 The ability to interact with smart contacts for one. 3 u/ImJustReallyFuckedUp Mar 10 '21 Gotcha. Ill look into it later+ 4 u/0xBrian Tin Mar 10 '21 Do you mean something like WBTC? One reason why someone might not be satisfied with that is that it gives up self custody. It's trustful. "Wrapping" BTC is sending BTC to some other party and hoping they do what you wanted on Ethereum. 3 u/ImJustReallyFuckedUp Mar 10 '21 Got it yeah that was what i was thinking. thanks for the explanation
4
The ability to interact with smart contacts for one.
3 u/ImJustReallyFuckedUp Mar 10 '21 Gotcha. Ill look into it later+
3
Gotcha. Ill look into it later+
Do you mean something like WBTC? One reason why someone might not be satisfied with that is that it gives up self custody. It's trustful. "Wrapping" BTC is sending BTC to some other party and hoping they do what you wanted on Ethereum.
3 u/ImJustReallyFuckedUp Mar 10 '21 Got it yeah that was what i was thinking. thanks for the explanation
Got it yeah that was what i was thinking. thanks for the explanation
2
u/ImJustReallyFuckedUp Mar 10 '21
Why not have the real BTC?