DLC.Link Introduces New Trust-Minimizing Way to Package Bitcoin
Today, institutional holders of Bitcoin who want to reap the benefits of their assets through the commonly used DeFi protocol can only scale by sending them to BitGo in exchange for replacement Bitcoins (wBTC). DLC. Link's new trust-minimizing approach to packaging Bitcoin, introduced today, promises to be a viable alternative. The "DLC" in the name stands for strict log consistency, which preconfigures the conditions for locked bitcoin (BTC) transfers, meaning that owners keep their coins in the form of full bitcoins on the Bitcoin network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Milan: The Federal Reserve can act more cautiously after interest rates reach a neutral level
Hilbert Group makes a strategic investment in Concordium's CCD token
Polymarket and Kalshi appear in the latest episode of "South Park"
CUDIS is expanding to the Sui network, launching a limited edition of 1,500 Sui co-branded rings.
Trending news
MoreCrypto prices
More
