Wrapped Bitcoin Tokens (WBTC) is an ERC20 token fully backed by real BTC. The proof of reserves is on-chain, showing the exact 1:1 ratio between minted WBTC tokens and BTC stored by the custodians. A collaborative effort with a community of partners to bring Bitcoin to the Ethereum network will bring the stability and value of Bitcoin to Ethereum's expansive ecosystem of decentralized applications.
Whitecoin is a public blockchain that realizes interconnection of value between blockchains through Multi Tunnel Blockchain Communication Protocal (MTBCP). As an important part of the Whitecoin ECO, we have constructed a cross-chain blockchain ecological complex through Random Proof of Stake(RPOS)Consensus, Whitecoin Axis, Whitecoin wallet, decentralized mining pool, and smart contract platform.