Could dlcBTC Resolve the Issues With Wrapped Bitcoin? - Ep. 690
Unchained16 Aug 2024

Could dlcBTC Resolve the Issues With Wrapped Bitcoin? - Ep. 690

In this episode, Aki Balogh, CEO of dlcBTC, explores how Discreet Log Contracts (DLC) can change how Bitcoin works in DeFi by creating a self-sovereign Wrapped Bitcoin. He delves into the mechanics of dlcBTC, its security features, and how it aims to be more decentralized than existing Wrapped Bitcoin solutions like WBTC. Aki also shares future plans for dlcBTC, including integration with Bitcoin Layer 2 solutions and expansion to various blockchain ecosystems. Show highlights: 00:00 Intro 01:48 Aki’s background and how he got into crypto 04:14 What Discreet Log Contracts (DLC) are and why they are relevant for Bitcoin 07:56 How dlcBTC leverages these types of contracts to build a self-sovereign Wrapped Bitcoin and the differences with the current WBTC 15:41 Aki’s reaction to the news that WBTC will soon be handled by a joint venture between BitGo, Justin Sun and the Tron ecosystem 19:27 The role of attesters in making dlcBTC secure 23:26 How redemptions work in this kind of setup 27:31 Whether dlcBTC is more decentralized than WBTC 28:15 How many attesters the protocol should have to make it more safe and secure 30:05 How dlcBTC, the company, makes money with this product 31:11 Whether dlcBTC will be used in Bitcoin L2s, not just in the Ethereum ecosystem 34:47 What the future plans are for dlcBTC Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! iTrustCapital Polkadot Token 2049 Guest Aki Balogh, CEO of dlcBTC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1147)

Uneasy Money: Who Owns Stolen Crypto? The $71M Fight Testing DeFi Limits

Uneasy Money: Who Owns Stolen Crypto? The $71M Fight Testing DeFi Limits

A legal battle over frozen KelpDAO hack funds is forcing DeFi to answer questions it has long avoided. Thank you to our sponsors!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Coinbase One: Get 20% off the first year of your ...

9 Maj 1h 14min

Coinbase's Chief Policy Officer on Why He Believes the Clarity Act Will Pass

Coinbase's Chief Policy Officer on Why He Believes the Clarity Act Will Pass

Coinbase's chief policy officer explains why the bank lobby failed to kill stablecoin rewards — and what 'workable compromise' actually means for crypto users. =======================================...

8 Maj 34min

DEX in the City: With the Stablecoin Yield Compromise, Can the Clarity Act Get Passed?

DEX in the City: With the Stablecoin Yield Compromise, Can the Clarity Act Get Passed?

Seven lawsuits blame OpenAI for enabling a mass shooting. Could the same legal theory come for DeFi? Thanks to our sponsor! Coinbase One Get 20% off the first year of your Coinbase One annual pla...

8 Maj 39min

A16z Crypto Raised $2.2 Billion for Fund 5. Here's How They Plan to Deploy It

A16z Crypto Raised $2.2 Billion for Fund 5. Here's How They Plan to Deploy It

From AI agents as economic actors to quantum threats and prediction market regulation, Ali Yahya of a16z lays out the investment thesis behind a16z crypto's fifth fund. ==============================...

7 Maj 55min

Why Wrapped Energy or Compute Will Be the New Store of Value: Bits + Bips

Why Wrapped Energy or Compute Will Be the New Store of Value: Bits + Bips

Missiles in the Strait of Hormuz. Brent jumps 5%. Bitcoin breaks through $80. The Bits + Bips crew reads the geopolitical tape — and explains why crypto is shrugging it off. --- Thank you to our spo...

7 Maj 1h

Ben Fielding: Gensyn, Decentralized AI, and the Prediction Market That Settles Itself: Bits + Bips

Ben Fielding: Gensyn, Decentralized AI, and the Prediction Market That Settles Itself: Bits + Bips

A prediction market trades on outcomes. An information market trades on knowledge. Fielding makes the case for the latter. --- Heads up! If you haven’t yet, be sure to subscribe to Bits + Bips, sin...

3 Maj 50min

After April's $606 Million in DeFi Hacks, What's the Fair Value Yield Rate?

After April's $606 Million in DeFi Hacks, What's the Fair Value Yield Rate?

$606 million in DeFi exploits in one month. Two of the space's sharpest risk thinkers debate whether lenders are being paid anywhere close to enough. =================================================...

3 Maj 1h 6min

Pump.fun’s $370M Burn Was a Mistake, Says Luca Netz: Uneasy Money

Pump.fun’s $370M Burn Was a Mistake, Says Luca Netz: Uneasy Money

Pump.fun set fire to $370 million in tokens. Luca lays out the airdrop math that says they should have done the opposite. Thank you to our sponsors!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ MultiChain Advisors is an emerging...

1 Maj 1h 14min

Populärt inom Politik & nyheter

aftonbladet-krim
p3-krim
aftonbladet-daily
politiken
rss-krimstad
motiv
flashback-forever
svenska-fall
spar
rss-sanning-konsekvens
rss-krimreportrarna
rss-vad-fan-hande
kungligt
rss-frandfors-horna
rss-flodet
blenda-2
svd-ledarredaktionen
olyckan-inifran
dagens-eko
rss-aftonbladet-krim