Trustless Bridge Between BTC & ETH Remains a Pipe Dream; tBTC Paused Two Days After Mainnet

2020-5-19 18:53

“tBTC lasted on mainnet two days. ” That’s right, the Ethereum-based token tBTC which was backed 1:1 by bitcoin has been paused just two days after its public launch. A sidechain, tBTC allows to move BTC in and out of Ethereum without a trusted counterparty.

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tbtc two days paused mainnet btc sidechain