8min chapter

Bankless cover image

ROLLUP: Kamala Crypto Pivot? | USDC iPhone Tap-to-Pay | WBTC Drama? | Superchain Soon?

Bankless

CHAPTER

Niebrah and Wrapped Bitcoin: Innovations and Controversies

This chapter explores the launch of Niebrah, a proof aggregator for ZK EVMs that significantly reduces Ethereum layer one settlement fees. It also delves into the governance challenges surrounding Wrapped Bitcoin (WBTC) and implications for trust and transparency, particularly with new stakeholders like Justin Sun and Coinbase's potential involvement.

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