POV Crypto – tBTC with James Prestwich
The new gold standard for bringing Bitcoin to Ethereum, tBTC is a new trust-minimized protocol for creating an ERC20 on Ethereum that has the value of Bitcoin. Lead developer James Prestwich comes to POV to discuss the protocol and the long-term implications for both chains.
How the tBTC system works
What other protocols and designs are featured in tBTC
The mint/redeem loop of tBTC
Different stakeholders and participants in the protocol
What does it mean for Bitcoin blockspace?
What does it mean for the value of Ether?
The Alpha rate that DeFi can provide Bitcoin
The economic abstraction of Ether
The merging of the communities
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