A new tokenized version of Bitcoin, tBTC, launched on
the Solana blockchain
Threshold Network, backed by Threshold DAO, created tBTC to fast transactions & reduce costs.
Tokenized Bitcoin (tBTC) supply is
$29 million compared
with $4.2 billion of Wrapped Bitcoin (wBTC).
tBTC works as a receipt that allows traders to prove how many Bitcoins they have.
The wallet of tBTC is controlled by a series of validators, whereas
is controlled by a single custodian.
Traders can claim
the original Bitcoin
after 51 of 100 validators sign off.
tBTC will allow traders on different
to leverage Bitcoin.
But, Will tBTC be able to solve
? Comments now.