Description: sBTC: Build DeFi, NFTs, and Apps for Bitcoiners.
Unlike other BTC bridges, sBTC is not supported by a central custodian or a federation: instead, sBTC is secured by an open network of signers, making sBTC the most decentralized, Bitcoin-backed asset. This article covers the fundamentals of the sBTC security model.
In the original Nakamoto and sBTC whitepapers, there was a proposed design imposing a Bitcoin-block delay of 150 for sBTC deposit and withdrawal transactions. However, with the latest Nakamoto rules, this delay has been removed instead securing these transactions via new miner requirements.
Solution Overview:
Stacks - The Leading Bitcoin L2 for Smart Contracts, Apps, DeFi
Stacks - The Leading Bitcoin L2 for Smart Contracts, Apps, DeFi
Stacks - The Leading Bitcoin L2 for Smart Contracts, Apps, DeFi
Bitcoin Writes: Weekly sBTC Updates
Stacks - The Leading Bitcoin L2 for Smart Contracts, Apps, DeFi
Nakamoto Upgrade Ahead for Stacks, the leading Bitcoin L2
Get STX
Get STX