T 트윗 - 9. This means tBTC v2 requires a majority threshold agreement before operators perform any action with your Bitcoin.
A truly #decentralized solution.
A truly #decentralized solution.
T 트윗 - 10. By rotating the selection of operators, tBTC v2 protects against any malicious individual or group attempting to seize control.
This particularly important given the increasing number of cross-chain bridge hacks, which have led to the loss of hundreds of millions of dollars
This particularly important given the increasing number of cross-chain bridge hacks, which have led to the loss of hundreds of millions of dollars
T 트윗 - 11. Unlike other solutions on the market, users on tBTC v2 are protected by the power of math alone, and not by fallible hardware or people.
Trust math, not hardware.
Best of all, tBTC v2 is open and accessible to anyone.
Trust math, not hardware.
Best of all, tBTC v2 is open and accessible to anyone.
T 트윗 - 12. A dive into Deposit and Redemption
Deposit:
Stakers periodically create 51-of-100 threshold-ECDSA-backed wallets to hold frozen Bitcoin assets to maintain account balances.
Deposit:
Stakers periodically create 51-of-100 threshold-ECDSA-backed wallets to hold frozen Bitcoin assets to maintain account balances.
T 트윗 - 13. Depositors send Bitcoin to the most recently created wallet using either pay-to-script-hash (P2SH) or pay-to-witness-script-hash (P2WSH) which contains hashed information about the depositor’s Ethereum address.
T 트윗 - 14. The depositor reveals their P2(W)SH deposit to the Ethereum chain.
The Bridge, always on alert for these sorts of messages, then checks the Bitcoin network to make sure the funds line up.
The Bridge, always on alert for these sorts of messages, then checks the Bitcoin network to make sure the funds line up.
T 트윗 - 15. Redemption:
A user with an account balance supplies a Bitcoin address.
The system decreases their account balance and releases the equivalent amount of Bitcoin to the user from the redeeming Bitcoin wallet.
A user with an account balance supplies a Bitcoin address.
The system decreases their account balance and releases the equivalent amount of Bitcoin to the user from the redeeming Bitcoin wallet.
T 트윗 - 16. The maximum redemption size is capped by the size of the largest wallet, and any redemption bigger than that will need to be split into multiple redemptions.
T 트윗 - 17. That’s it for the first installment but please stay tuned. In this series, we will also take a look at:
Bridge, Bank, and Vault Separation
How tBTC wallets work
How tokenizing tBTC works
Bridge, Bank, and Vault Separation
How tBTC wallets work
How tokenizing tBTC works
T 트윗 - 18. 1. Link to the full article here https://t.co/QiuGiAMYNm
Threshold Network Blog
Bridging the Gap: The Basics of tBTC
Introducing Bridging the Gap
The second generation of tBTC is an exceptionally secure and truly decentralized bridge between Bitcoin and Ethereum. With it comes permissionless access to the rapidly expanding web3 universe.
Known as tBTC v2, the protocol…
The second generation of tBTC is an exceptionally secure and truly decentralized bridge between Bitcoin and Ethereum. With it comes permissionless access to the rapidly expanding web3 universe.
Known as tBTC v2, the protocol…
WAXP 트윗 - 🪙 $WAXP is here to stay!
Dive into the #metaverse & explore the world of digital #collectibles on the carbon-neutral WAX #Blockchain. Get the utility token, buy your first #WAXNFT & be part of the movement.
Get $WAXP: https://t.co/s84y1qtoIs. https://t.co/MZQnbnifNc
Dive into the #metaverse & explore the world of digital #collectibles on the carbon-neutral WAX #Blockchain. Get the utility token, buy your first #WAXNFT & be part of the movement.
Get $WAXP: https://t.co/s84y1qtoIs. https://t.co/MZQnbnifNc
wallet.wax.io
WAX Cloud Wallet
WAX Cloud Wallet - The WAX Cloud Wallet is the easiest way to create, use, and manage an account on the WAX blockchain.
NEAR 트윗 - Due to technical issues, we had to move home! (Twitter Space links, anyway)
Join us here: https://t.co/5O5NHgyvPm
Join us here: https://t.co/5O5NHgyvPm
VET 트윗 - #VeFam, the final @ufc PPV event of 2022 is here - #UFC282 on 10 Dec in Las Vegas - and we have 3 pairs of tickets to be won!
Experience an incredible night alongside fellow #VeFam/#VeChain team & create unforgettable memories!
All relevant info is here: https://t.co/JhDY3lycsD https://t.co/FjJEZrpLAC
Experience an incredible night alongside fellow #VeFam/#VeChain team & create unforgettable memories!
All relevant info is here: https://t.co/JhDY3lycsD https://t.co/FjJEZrpLAC
Barracuda | Official Links
VeChain Ticket Giveaway - Official Links
Important links for VeChain Ticket Giveaway. Ticket giveaway portal and key information for users
VET 트윗 - With the UFC's 30th anniversary next year, we're looking forward to various initiatives that take our global partnership to the next level.
Please note: We do not cover travel/accommodation costs, so consider this before entering!
Giveaway ends 1 Dec, 2pm UTC+0
$VET #VeFam
Please note: We do not cover travel/accommodation costs, so consider this before entering!
Giveaway ends 1 Dec, 2pm UTC+0
$VET #VeFam
LSK 트윗 - #Lisk CEO and Co-Founder @maxkordek wraps up 2022 and shares our vision for the year 2023 🚀 https://t.co/8v1hJpnF7j
Twitter
#Lisk CEO and Co-Founder @maxkordek wraps up 2022 and shares our vision for the year 2023 🚀
VET 트윗 - Many European institutions, enterprises and organisations have expressed interest in our technologies in recent months.
#Blockchain real-world adoption is gathering pace. #VeChain $VET #MassAdoption
#Blockchain real-world adoption is gathering pace. #VeChain $VET #MassAdoption
Binance 트윗 - Congratulations to @Cristiano, and his Portugal side on tonight's win!
And on becoming the first man to ever score in 5 consecutive tournaments for his country 🤝
What an achievement. https://t.co/NiKgo21Tnp
And on becoming the first man to ever score in 5 consecutive tournaments for his country 🤝
What an achievement. https://t.co/NiKgo21Tnp
Twitter
Congratulations to @Cristiano, and his Portugal side on tonight's win!
And on becoming the first man to ever score in 5 consecutive tournaments for his country 🤝
What an achievement.
And on becoming the first man to ever score in 5 consecutive tournaments for his country 🤝
What an achievement.
LSK 트윗 - Some big numbers from our Head of Marketing @MTartau!
72. This is how many employees work for #Lisk now. We're super proud to have all these amazing and talented people on board! https://t.co/N5qFu7ugxj
72. This is how many employees work for #Lisk now. We're super proud to have all these amazing and talented people on board! https://t.co/N5qFu7ugxj
Twitter
Some big numbers from our Head of Marketing @MTartau!
72. This is how many employees work for #Lisk now. We're super proud to have all these amazing and talented people on board!
72. This is how many employees work for #Lisk now. We're super proud to have all these amazing and talented people on board!
LSK 트윗 - #Lisk Business Development Lead Dominic Schwenter shares the exciting achievements of @enevtihq, one of participants of Lisk Grant Program. This year Enevti was mentioned by @cnbcindonesia as one of the top NFT-platforms. https://t.co/IucUePM0Cq
VET 트윗 - VeFam, the final #ufc PPV event of 2022 is here - #UFC282 on 10 Dec in Las Vegas - and we have 3 pairs of tickets to be won!
Experience an incredible night alongside fellow #VeFam/#VeChain team & create unforgettable memories!
All relevant info is here: https://t.co/pYh9e9CJvL https://t.co/pb580Hi7Mp
Experience an incredible night alongside fellow #VeFam/#VeChain team & create unforgettable memories!
All relevant info is here: https://t.co/pYh9e9CJvL https://t.co/pb580Hi7Mp
Barracuda | Official Links
VeChain Ticket Giveaway - Official Links
Important links for VeChain Ticket Giveaway. Ticket giveaway portal and key information for users