Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi By Cointelegraph
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Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi Interoperability network Interlay has released a 21-page technical whitepaper, titled XCC: Theft-Resilient and Collateral-Optimized Cryptocurrency-Backed Assets, advocating for the imminent development of cross-blockchain interoperability solutions to unlock a plethora of potential within the decentralized finance (DeFi) ecosystem.
As a (DOT) parachain, Interlay is focusing its efforts on opening pathways of communication and interaction between Bitcoin’s currency-native ecosystem and the wider functionalities of the DeFi space with networks such as (ETH) and Polkadot.
Continue Reading on Coin Telegraph
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Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi Interoperability network Interlay has released a 21-page technical whitepaper, titled XCC: Theft-Resilient and Collateral-Optimized Cryptocurrency-Backed Assets, advocating for the imminent development of cross-blockchain interoperability solutions to unlock a plethora of potential within the decentralized finance (DeFi) ecosystem.
As a (DOT) parachain, Interlay is focusing its efforts on opening pathways of communication and interaction between Bitcoin’s currency-native ecosystem and the wider functionalities of the DeFi space with networks such as (ETH) and Polkadot.
Continue Reading on Coin Telegraph
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