Polkabtc Project
Opening Reasons for choosing to support this project: believe in BTC believe in PolkaDot we need decentralized exchange Project description PolkaBTC Project is a parallel chain built on PolkaDot to bridge the BTC Chain, using the XCLAIM protocol to bridge BTC across the chain to the PolkaDot ecosystem, with a token named PolkaBTC, with BTC assets locked to the BTC chain and minted in the Polkadot system at a PolkaBTC is a token anchored to BTC in a 1:1 ratio in the Polkadot system. PolkaBTC is able to convert between parallel chains like all native tokens in the PolkaDOT ecosystem, and there is no risk of centralization in the PolkaBTC bridging project, like companies, communities, and individuals can all participate in running BTC parallel chains. ...