According to Odaily, Jupiter co-founder Meow recently expressed concerns on platform X regarding the WBTC project and its partnership with BitGo. Meow emphasized the importance of Bitcoin custody and highlighted an unspoken consensus that the underlying Bitcoin should never be used under any circumstances.
Meow raised several critical questions that need clarification from WBTC and BitGo. Firstly, he inquired about the exact individuals involved in the multi-signature holding of BTC. Secondly, he questioned whether the BTC would be used for any purposes. Additionally, Meow sought to understand the benefits for any party involved, particularly if it was aimed at promoting WBTC adoption on the Tron network. He argued that if this was the case, there was no need to acquire the entire setup.
Furthermore, Meow questioned how cross-jurisdictional operations could be beneficial. He also proposed the possibility of including a highly respected independent third party in the multi-signature group, both as a communicator and a signer, to ensure transparency and trust.
