4min chapter

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Could dlcBTC Resolve the Issues With Wrapped Bitcoin? - Ep. 690

Unchained

CHAPTER

Exploring Self-Wrapping Bitcoin: Innovations Beyond WBTC

This chapter discusses the innovative self-wrapping Bitcoin mechanism through designated contracts called DLCs, providing a secure and decentralized alternative to the existing wrapped Bitcoin model. It highlights the limitations of WBTC's reliance on centralized custodians and how self-wrapping enhances asset control and theft protection.

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