As we all know, the native Bitcoin network does not support

Post

--

As we all know, the native Bitcoin network does not support smart contracts, which means that cross-chain native verification of BTC assets cannot be achieved through smart contracts, and it needs to rely on privileged roles.
Therefore, different sidechains/L2 cross-chain solutions for BTC rely on a group of privileged roles:
#crypto2023  
5/n🧵

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC+0.78%

0

96

1.8k

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Cookie Preferences

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}As we all know, the native Bitcoin network does not support smart contracts, which means that cross-chain native verification of BTC assets cannot be achieved through smart contracts, and it needs to rely on privileged roles.

As we all know, the native Bitcoin network does not support smart contracts, which means that cross-chain native verification of BTC assets cannot be achieved through smart contracts, and it needs to rely on privileged roles.