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lethe
@urr
The NomicDAO Foundation announced the addition of Ethereum support on Nomic's decentralized Bitcoin hosting engine. The team stated that this will enable seamless entry and exit of Bitcoin into Ethereum, bringing Bitcoin into the largest DeFi ecosystem. Starting with a test network, Nomic will facilitate native Bitcoin deposits and withdrawals on Ethereum without relying on centralized custodians. In addition to introducing Bitcoin into Ethereum through nBTC, this upgrade also introduces a new protocol framework that utilizes Nomic's decentralized custody engine to easily create Bitcoin backed assets at a lower cost @tudorizer @eysan
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