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hmmm...I think calling wrapped bitcoin on arbitrum or megaETH real bitcoin is not accurate.

Breez's announcement post says

Native Bitcoin between chains. No custody tradeoffs. Instant.

This just sounds ridiculous. They use HTLCs, great, but that doesn't mean that whatever the hell token you have on arbitrum is real bitcoin. The swap might not involve trust (although I'm skeptical), but you still have to trust whoever is holding the bitcoin that is wrapped. I think something like Arbitrum just uses a custodian. Come on Breez.

Native Bitcoin between chains. No custody tradeoffs. Instant.

This frickin' sounds like AI copy.

One thing I find annoying is that a lot of smaller companies seem to be relying on AI to produce marketing materials. That may seem efficient in the short-run, but I think it's gonna be long run damaging to the brand.

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68 sats \ 0 replies \ @Scoresby 12h

Yeah, it's a major turn off.

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