Inter-chain BTC is of Great Significance and ChainX’s BTC Smart Contract Platform is Leading other BTC Eco-products

ChainX
1 min readNov 18, 2019

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Inter-chain BTC is of Great Significance and ChainX’s BTC Smart Contract Platform is Leading other BTC Eco-products

Xu Liucheng, PolkaX core developer, shared the comparative advantages of the ChainX smart contract such as the ease of use, low-cost nature and cutting-edge automation compared to WBTC, RSK and TBTC at the ChianX smart contract conference held on November 16. Meanwhile Cao Yu, managing director of the Digital Renaissance Foundation, praised the importance of BTC crossing chains, saying BTC’s compatibility with the existing financial Infrastructure is a crucial channel for fiat currencies entering DeFi, for without BTC, DeFi is just an online game, but with BTC, it will be armed with incalculable potentials in the future.

About ChainX

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ChainX
ChainX

Written by ChainX

ChainX is a BTC Layer 2 solution compatible with EVM that utilizes Bitcoin as a gas fee, serving as the predecessor network of BEVM.

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