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0 sats \ 3 replies \ @Coinsreporter 16 Feb 2024 \ on: Is Self Custodial Bitcoin Possible Outside of the Main Chain? bitcoin

Aren't WBTCs (Wrapped Bitcoin) off chain solution for self custodial Bitcoin?

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21 sats \ 0 replies \ @Murch 16 Feb 2024 freebie

Except that they're an IOU issued by BitGo who takes the role of custodying the BTC to issue WBTC in return

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10 sats \ 0 replies \ @kristapsk 16 Feb 2024

WBTC is worse than L-BTC on Liquid Network.

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0 sats \ 0 replies \ @ama 16 Feb 2024

WBTC could be wrapped on many different chains, right? Isn't that probably the absolute worse way to own Bitcoin if, for example, you get them wrapped on the horrendous ETH network or SOL, or any other similar PoS (Piece of Shit)?

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