Keep Network unveils v2 specs for tBTC protocol A second iteration of tBTC hopes to improve on the failings of the first. 16262 Total views News
The Keep Network has released details for the second iteration of its “trust-minimized” Bitcoin tokenization protocol, tBTC.
In a blog post on Sunday, Keep Network developer Evandro Saturnino outlined several changes the protocol is considering to address its past issues with collateralization.
The second iteration of tBTC is expected to require stakers to only lock up Keep rather than both Keep and Ether (ETH), alongside introducing changes to its wallet-generation mechanism. The protocol allows users to tokenize their Bitcoin (BTC) for use on the Ethereum network.