Bitcoin Is a Better DeFi Solution Than Most Think

in #btc4 years ago

Blockstack CEO Says Bitcoin Is a Better DeFi Solution Than Most Think

Bitcoin a secure cryptocurrency, whereas Ethereum has been a “frontrunner” when it comes to smart contracts.

Zb.com says happy new month!

As interest in smart contracts surges, some Bitcoiners are asking: why can't Bitcoin (BTC) become the foundation for smart contracts too, instead of Ethereum (ETH)?

Muneeb Ali, co-founder and CEO of Blockstack open-source platform, believes that the best way to bring about a user-owned internet "is to anchor applications and smart contracts to the Bitcoin network in a way that uses Bitcoin as a reserve currency and its powerful blockchain as a security mechanism."

In a conversation with Cointelegraph, Ali stated that Bitcoin has been the king of blockchains for more than a decade, as most people have come to recognize that the Bitcoin network is “unparalleled” when it comes to security

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.034
BTC 89972.67
ETH 3222.82
USDT 1.00
SBD 2.82