Jupiter Lianchuang: Bitcoin hosted by WBTC should not be used for other purposes, BitGo should clarify community doubts
2024-08-11 05:14:10
Jupiter syndicated founding meow social media publishing wbtc old and newdesk3cryptocurrencydesktopCrypto News
Jupiter co-founder Meow posted a "letter to WBTC's old and new custodians" on social media, in which he said, "Bitgo was chosen as a partner when we started the WBTC project a few years ago, because we believe that having a partner who is completely focused on custodial work to keep bitcoins is the most critical thing." But the most important thing is that under no circumstances should the bitcoins behind WBTC be used for any purpose. I don't intend to pass any judgment on Bitgo, they have indeed been excellent custodians to date and I believe they have the best intentions. "
Meow believes it is essential for WBTC, the entire defi ecosystem, and bitgo/bitglobal to clarify a few things immediately.
1. Who are the multi-signatures that hold BTC?
2. Will BTC be used for any purpose?
3. What are the benefits of this cooperation for both parties, and is it beneficial for TRON to adopt WBTC?
4. How does cross-jurisdictional collaboration really help?
5. Is it possible to have a highly respected independent party join a multi-signature group, acting as both a communicator and a signatory?
Meow believes it is essential for WBTC, the entire defi ecosystem, and bitgo/bitglobal to clarify a few things immediately.
1. Who are the multi-signatures that hold BTC?
2. Will BTC be used for any purpose?
3. What are the benefits of this cooperation for both parties, and is it beneficial for TRON to adopt WBTC?
4. How does cross-jurisdictional collaboration really help?
5. Is it possible to have a highly respected independent party join a multi-signature group, acting as both a communicator and a signatory?
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