TBTC

tBTC is a decentralized, permissionless, and scalable Bitcoin equivalent that allows users to access the Ethereum and the cross chain DeFi ecosystem. Each tBTC token is fully backed by 1 BTC held in reserve.

Threshold Network, the builders of tBTC, replaces centralized intermediaries with a randomly selected group of node operators who secure users’ deposited Bitcoin through threshold cryptography.

Visit https://threshold.network/ for more information.