2min chapter

On The Brink with Castle Island cover image

Janusz and Red (Bitcoin Layers) on Bitcoin Season 2 (EP.586)

On The Brink with Castle Island

CHAPTER

Examining the Risks of Bitcoin Rollups and Wrapped Implementations

This chapter examines the risks tied to Bitcoin rollups and wrapped implementations, particularly focusing on the dangers of locking Bitcoin in custodial systems. It addresses vulnerabilities like potential fund loss and access difficulties, clarifying that while these systems leverage Bitcoin's security, they also introduce notable challenges.

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