WBTC tokens are secured by the parent blockchain they run on — Ethereum. In turn, ETH is protected by the Ethash proof-of-work function, a representative of the Keccak family of hash functions.
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Join us for an enlightening discussion on Wrapped Bitcoin (WBTC), the innovative ERC-20 token bridging the world of Bitcoin and the Ethereum blockchain. Discover how WBTC not only represents the value of Bitcoin (BTC) but also enhances its utility within the DeFi ecosystem. We'll delve into the mechanics behind
Wrapped Bitcoin (WBTC) is an ERC-20 token on the Ethereum blockchain that represents Bitcoin (BTC). It allows for the conversion between Bitcoin and Wrapped Bitcoin at a 1:1 ratio through WBTC partners.
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