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2018-11-07 18:54:40

What is Bitcoin backed ERC20 (WBTC)? How could it change the Bitcoin – Ethereum interaction?

TL;DR WBTC is a Bitcoin backed ERC20 token that combines the liquidity and public awareness of bitcoin with the developer ecosystem of Ethereum. WBTC could help boost the utility of Bitcoin by allowing it the be used in Dapps and decentralized exchanges The Ethereum network could benefit from now having a ‘2 token system’ where […]The post What is Bitcoin backed ERC20 (WBTC)? How could it change the Bitcoin – Ethereum interaction? appeared first on CryptoPotato.