Taylor Luk
@taylor_luk
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Maker onchain. Design, Code and be Happy.
Australia / Hong Kong
Joined March 2008
tBTC: Modern Treasury for DAOs, Sovereign Individuals and Institutions
decentralization is going to win 🔥
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@mrsThreshold @tBTC_project Well, any system enabling tokenized Bitcoin representation should be reliable, transparent, and accessible down to UTXOs cbBTC is the closest centralized solution for accessibility. tBTC is the only decentralized, permissionless, and accessible option for Bitcoin.
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Moon 🌙
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Wrap Bitcoin War
The future of over $9 billion in Bitcoin hangs in the balance as WBTC, the leading wrapped Bitcoin solution, grapples with a centralisation crisis. This shakeup threatens to disrupt the fragile relationship between Bitcoin and the rapidly evolving DeFi ecosystem. This article by @desh_saurabh dives into the core of the controversy, examining BitGo’s controversial partnership with BiT Global. The deal has sent ripples through the crypto community, sparking serious concerns about control and security over WBTC. As the situation unfolds, new competitors enter the scene, intensifying the race to unlock Bitcoin’s forever untapped potential in DeFi. BitGo’s decision to relinquish control raises questions about its motives—despite WBTC’s dominance, declining activity may have left BitGo searching for alternatives. Meanwhile, institutional heavyweights like Coinbase and 21Shares are stepping into the market, raising the stakes even further. Enter tBTC, a trust-minimized, decentralised alternative from the @TheTNetwork. The article explores how tBTC, bolstered by projects like Mezo and Acre, is in a good position to reshape the future of Bitcoin in DeFi without the centralisation risks that plague WBTC. User experience (UX) emerges as a crucial battleground, as the article highlights how ease of use can drive the adoption of decentralised applications. tBTC’s growing acceptance by leading DeFi platforms like Aave and MakerDAO signals a potential market shift toward trust-minimized solutions. Despite the current dominance of wrapped Bitcoin solutions, they represent less than 1% of Bitcoin’s total supply. This means a staggering 99% of Bitcoin—worth over $1 trillion—remains untouched by DeFi. The race to unlock Bitcoin’s true potential in DeFi is on. Link in the next tweet!
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Farmers at work, best scenes. 🌽
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RT @cremieuxrecueil: Progress in genetic sequencing is something else. You can now sequence whatever samples you want from a device that p…
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Few gets it :)
BTC micropayments on @build_on_bob with proper UX denominated in sats 👀 I’m not even mad, is this a dunk on lightning?
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Bitcoin for billions :)
SATS is pegged to 1 Satoshi, with free minting and redemptions via @tBTC_project. 😎 💁♀️ DYOR on $SATS — Code: — Audit: ℹ️ SATS was not developed by Threshold, but we absolutely love seeing all of the new $tBTC implementations and hearing all the buzz around #Bitcoin Finance. 🚀
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RT @SATS_Satoshi: @ClydeFarre96399 💡 Origin of SAT 💡 SAT: 沙 = 1^-8 (0.00000001) A small number system in buddhism influenced region in Asi…
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I am excited. Maker (Pure DAI) goes back to the original vision? "permission-less Stablecoin, bunch of market makers brings liquidity and defend the peg" Then I remembered "once SCD stablises, MCD will derisk/scale. Relaunch synth collateralised in DAI to represent any real world value"
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RT @ark_stream: Join us at BiToday Seminar: Bitcoin and Future InfraCon 🗓 Date & Time: 12:30 - 5:00 PM, May 9th 🇭🇰 Host @nubit_org & @ark…
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