All Things Crypto

ATC quote · Apr 17, 2025 · 0:42:51

“There's always a risk. Somebody messes up the keys, and now your wrapped Bitcoin as useless.”

Kantorcodes @Kantorcodes

From All Things Crypto: Bitcoin DeFi on Steroids - Borrow $USDh at 1%!!, Apr 17, 2025 · Episode page

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0:42:51 Voice J: Yeah.

0:42:51 Kantorcodes @Kantorcodes: There's always a risk. Somebody messes up the keys, and now your wrapped Bitcoin as useless.

0:42:55 Landy @CryptoLandy: That's that's all what I've... This is what SBTC solves. Right? That's the peg that is on stacks. And that same network of signers and stackers that actually secures the other side that creates the entire network, that's the entire backbone is stacking, and Bitcoin nodes are bidding in on those stacks blocks to secure those stacks blocks. Well, that network of signers is where the actual peg lives. It's not just a…

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