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Jupiter Lianchuang: WBTC should not use the underlying Bitcoin under any circumstances, BitGo needs to clarify some issues

Jupiter Lianchuang: WBTC should not use the underlying Bitcoin under any circumstances, BitGo needs to clarify some issues

Odaily2024/08/11 06:31
By:Odaily
Odaily News Jupiter co-founder meow posted on the X platform: When we started the WBTC project a few years ago, we chose Bitgo as a partner because we believed that custody of Bitcoin was essential. But most importantly, we had an unspoken consensus that the underlying Bitcoin should not be used under any circumstances. meow further stated that WBTC and BitGo need to clarify the following issues: · Who exactly is part of the multi-signature holding BTC? · Will BTC be used for any purpose? · What are the benefits to either party, is it for the adoption of WBTC by TRON? If so, then there is certainly no need to obtain the entire setup. · How does cross-jurisdiction help? · Is it possible to have a very respected independent third party join the multi-signature group as both a communicator and a signer?
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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