Wrapped Bitcoin (WBTC) is an ERC-20 token, and WBTC represents Bitcoin (BTC) on the Ethereum blockchain. A key benefit of WBTC is its integration into the sector of Ethereum wallets, dapps, and smart contracts.
WBTC is maintained through a group known as the WBTC DAO that now includes over 30 contributors. It was initially commenced via BitGo, Ren, and Kyber.
WBTC made use of a custodian model to ...