Jupiter Lianchuang: WBTC should not use the underlying Bitcoin under any circumstances, BitGo needs to clarify some issues
Odaily2024/08/11 06:31
By:Odaily
Odaily News Jupiter co-founder meow posted on the X platform: When we started the WBTC project a few years ago, we chose Bitgo as a partner because we believed that custody of Bitcoin was essential. But most importantly, we had an unspoken consensus that the underlying Bitcoin should not be used under any circumstances. meow further stated that WBTC and BitGo need to clarify the following issues: · Who exactly is part of the multi-signature holding BTC? · Will BTC be used for any purpose? · What are the benefits to either party, is it for the adoption of WBTC by TRON? If so, then there is certainly no need to obtain the entire setup. · How does cross-jurisdiction help? · Is it possible to have a very respected independent third party join the multi-signature group as both a communicator and a signer?
0
0
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.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
GEGG Nets DOGE Trader Millionaire 217% Gains in 3 Days—Why Traders Want More Than Just Social-Fi
Newsbtc•2024/09/20 15:13
Injective Holders Enter The Gambling Market With New AI Gambling Cryptocurrency at $0.0021
Newsbtc•2024/09/20 15:13
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$62,794.88
-0.54%
Ethereum
ETH
$2,532.9
+4.16%
Tether USDt
USDT
$1
+0.00%
BNB
BNB
$567.91
+0.63%
Solana
SOL
$147.25
+3.82%
USDC
USDC
$0.9999
+0.00%
XRP
XRP
$0.5783
-1.72%
Dogecoin
DOGE
$0.1043
-0.56%
TRON
TRX
$0.1517
+0.18%
Cardano
ADA
$0.3546
+0.48%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, CATI, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now