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
BNB Treasury company CEA Industries appoints digital asset expert Annemarie Tierney as director
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market