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You don't actually hold BTC though, Bitgo does. It's more like a deposit certificate, if Bitgo were to lose the BTCs, all WBTCs would become worthless. I much
by josu 8y ago
You don't actually hold BTC though, Bitgo does. It's more like a deposit certificate, if Bitgo were to lose the BTCs, all WBTCs would become worthless.
I much rather RSK's approach: bring easily programmable smart contracts to Bitcoin. Rather than bringing Bitcoin to smart contracts.