/biz/ - Business & Finance

>>55096472
>>55096472
>What is ckBTC?
lock/burn and mint bridged KYC'd wrapped BTC on ICP, secured by 22/32 permissioned nodes of a specific subnet which the NNS, controlled by dfinity, arbitrarily assigns. This is all that is relevant, anything else is bing bing wahoo marketing speak.
>>55096568
"run an identical copy of the btc network in an ICP smart contract"
>Bitcoin ledger = local ledger
btc network
>Bitcoin ledger = local ledger
btc network
>Bitcoin ledger = local ledger
btc network
>Bitcoin ledger = local ledger
btc network
network =/= ledger. And I can run a "local ledger" on a raspi with an SSD, that's not some grand accomplishment or somehow alters the security assumptions above, it's just how dfinity has gone about implementing their bridge.
I know you're a third world shiller but at least try to read if you're going to talk shit.
>niggers are poor because they don't know shit
I'm not poor because I didn't buy ICP lmao (picrel)
>sell then pussy
nothing to sell