Loki 🐳 (❖,❖)
@loki_hodl
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Content Creator - Artist - Alpha Researcher 🌴 @Solana @dymension - For Paid Art Work → DM
Ghibli 🍀
Joined October 2023
What if I told you decentralized Bitcoin could power Ethereum apps securely and trustlessly? Here’s why it matters ⬇️ @TheTNetwork
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renBTC - Grade: C-** (Discontinued) • Was better than WBTC but still had centralized components • Ren protocol shut down due to funding issues • Proved centralized teams are risky
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bBTC - Grade: F** ❌ • Custody: Single entity (Coinbase) • Geography: USA-based (regulatory risk) • Governance: Centralized corporate control • Code: Closed source proprietary • Censorship resistance: None (can freeze anytime)
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WBTC - Grade: D** 📉 • Custody: 2-3 corporate entities (BitGo alliance) • Geography: Concentrated in friendly jurisdictions • Governance: Small DAO, custodians have real power • Code: Partially open, custodians can upgrade • Censorship resistance: Low (custodians can freeze)
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tBTC - Grade: A+** 🥇 • Custody: 100+ independent operators (51+ required) • Geography: Distributed across 50+ countries • Governance: Thousands of T token holders vote • Code: Open source, audited, immutable • Censorship resistance: Mathematically impossible
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Why tBTC Is More Decentralized Than Others Let me rank the major Bitcoin bridges on actual decentralization metrics:
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Complete Threshold Network ( tBTC ) GALXE TASKS Series #1: https://t.co/iFfZR4gpJg Series #2: https://t.co/5pkjvTcbyd Thank you for your attention to this matter! https://t.co/b9kwReCa30
What if I told you decentralized Bitcoin could power Ethereum apps securely and trustlessly? Here’s why it matters ⬇️ @TheTNetwork
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New drone technology startup in series A. They have a go-to-market plan.
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1/4 The Threshold @Galxe Starboard is now live! And here's a full run-down on how you can participate👇
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What do you think? Reply with your thoughts, share if useful, and follow for more insights like this! 👇
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Here’s the biggest takeaway: Threshold Network bridges BTC and Ethereum fully decentralized, unlocking Bitcoin’s DeFi potential without compromising security. Remember: Always research the network status and upgrades for safe usage.
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3️⃣ Data shows tBTC has successfully locked millions of BTC into DeFi contracts, boosting liquidity and enabling new use cases. However, watch for evolving security models and ongoing audits to maintain trust.
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2️⃣ tBTC uses a network of nodes called Keepers who jointly control BTC deposits via advanced cryptography (threshold signatures). This removes single points of failure and increases security for BTC interoperability.
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1️⃣ Threshold Network enables trustless Bitcoin on Ethereum via tBTC a decentralized bridge that mints BTC-backed tokens without custodians. This means BTC holders can safely use their coins within Ethereum’s ecosystem.
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First, some context: Bitcoin is the largest crypto but can’t natively interact with Ethereum smart contracts. Most people don’t realize this limits BTC’s utility in DeFi and dApps.
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5/ want to try it? go to https://t.co/m6uAA2ZUFS and mint some tBTC. or stake T tokens for rewards. Threshold Network governance is actually active too Bitcoin DeFi is finally real 🚀 @MacLaneWilkison @saprophetik
dashboard.threshold.network
Threshold powers user sovereignty on the public blockchain.
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4/ tBTC is everywhere now - Aave, Starknet, Sui, Base, Arbitrum. your Bitcoin can actually DO things across chains instead of just sitting in cold storage
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