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RSS FeedsNew Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos
(WorldNews Switzerland)

 
 

9 april 2020 01:32:04

 
New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos
(WorldNews Switzerland)
 


On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will be used on the Tezos network and each token will be backed 1:1 with BTC. The project is now the fourth tokenized project that leverages BTC on another blockchain. Also read: The Bitcoin Cash Network’s Block Reward Officially Halved – Block 630,000 Mined Tokenized Wrapped Bitcoin Projects Are Trending There’s now a number of tokenized BTC projects that leverage tokens on an alternative network and claim to be backed by bitcoin held in reserves. For example, in January 2019, news.Bitcoin.com reported on the official launch of the Wrapped...


 
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