Difference between revisions of "BTC2"

Latest revision as of 08:46, 23 January 2022

BTC2 is a token on the Bitcoin Cash blockchain (using SLP tech) that is 1:1 backed by on-chain BTC.

BTC2 is like USDT. As USDT is an IOU for USD where Tether holds the actual USD in their bank, Sideshift is the custodian of the on-chain BTC and issues BTC2 tokens in return.
in this way people can use BTC with Tx prices of BCH.
It should be noted BTC2 is not be confused with the BTC forked project currently listed on CoinMarketCap, Bitcoin 2 (BTC2) popularly thought to be a classic pump and dump.

Revision as of 07:16, 17 June 2019 (view source) wiki_crypto>Zeb.dyor	Latest revision as of 08:46, 23 January 2022 (view source) 5imp5on (talk \| contribs) m (1 revision imported)
(No difference)