Bringing Bitcoin To Ethereum Is How To Conquer Facbeook Libra!!

17,606 Views · Posted 5 years ago

Bringing Bitcoin and its 200 billion dollar + collateral to the Ethereum DeFi ecosystem might just be the only chance crypto has to compete with the likes of Facebook’s Libra. Corporations have aligned themselves, and Libra is a direct competitor to both Bitcoin and Ethereum. Currently Bitcoin and Ethereum are mostly separated in silos, each with their own strengths and weaknesses. With Libra on the horizon, it may be in the best interest to combine forces…. Tune in today, as I go through some of the projects attempting to bridge the gap between Ethereum and Bitcoin and share my thoughts on what are the best out there right now.

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⏰ Time Stamps ⏰
00:08 Introduction
00:25 Histories of Bitcoin and Ethereum
01:24 BTC and ETH Both Have Strengths and Weaknesses
01:48 Tribalism With Both Bitcoin & Ethereum Camps
02:21 This Needs To Stop Because Facebook Libra Is Coming
02:56 Bringing Ethereum To Bitcoin-Rootstock-Semi Centralized
03:31 Bringing Bitcoin To Ethereum-Wrapped Bitcoin $WBTC-Centralzied
04:17 Why Is Wrapped Bitcoin Growing Faster Than Rootstock?
05:30 Bringing Ethereum To Bitcoin or Bitcoin To Ethereum-Fully Decentralized?
06:05 Xclaim Trustless Bridge
06:53 Conclusion

XClaim Research Paper
https://eprint.iacr.org/2018/643.pdf

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