What is Wrapped Bitcoin? Wrapped Bitcoin (WBTC) is a new ERC20 token that is created by wrapping Bitcoin (BTC) in a clever way. WBTC is a 1 to 1 representation of BTC on the Ethereum blockchain. That means that each WBTC token is backed by 1 BTC. How Does Wrapped Bitcoin Work? When you hold […]
What Is The Difference Between Bitcoin And Wrapped Bitcoin
Bitcoin and Wrapped Bitcoin are two digital currencies that have different features. Bitcoin is the first and most well-known digital currency. It is a decentralized peer-to-peer digital currency that is powered by a blockchain. Bitcoin is created through a process called mining. Wrapped Bitcoin is a digital currency that is based on Bitcoin. It is […]
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