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> DeFi and NFTs on Bitcoin There are DeFi and NFT platforms on Bitcoin? I haven’t heard of those. Are you talking about Ethereum?
by leesalminen 5y ago
> DeFi and NFTs on Bitcoin
There are DeFi and NFT platforms on Bitcoin? I haven’t heard of those. Are you talking about Ethereum?
- ur-whale 5y agoThere are some efforts underway to bring ETH-like smart contracts to BTC, which - if they succeed - will allow all the ETH-powered paraphernalia to happen on top of BTC. But the going is slow. Other than that, there already are some "NFT's" embedded in the Bitcoin blockchain. To give you an example of what I mean, consider the Genesis block, which, while its reward can't be spent still has a private key attached to it. I'm willing to bet that the day the person who owns that key (Satoshi, assuming he's still alive) decides to put it up for auction, the bids won't be zero :)
- jsemrau 5y agoStacks is an example for such services on Bitcoin