Bitcoin on Ethereum. It’s possible to tokenize BTC & mint it on the Ethereum chain to be used in DeFi (decentralized finance)! Although, should people be doing it? BTC on ETH projects like wBTC and RENbtc, have been surging & there are benefits to turning your $BTC into these ether based tokens…but just like any ethereum dapp or smart contract, they carry risks! What are the best & which are the worst? Tune in to find out!
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⏰ Time Stamps ⏰
00:08 Intro-Vine is Better than TikTok
00:52 Bitcoin On Ethereum?-Exploding Numbers From the Projects
02:25 DeFi Bitcoin Takes on the Centralized Exchanges
03:04 wBTC or Wrapped Bitcion
04:04 The wBTC Cafe
04:55 renBTC: How it Works & Ren Darknode Bonding
07:13 Tokenlon’s imBTC-Centralized & Token Risk!
09:04 pTokens pBTC-Interoperability but no Volume!
09:54 The Wild West of BTC on ETH
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