Current State of BTCFi: Overview and Opportunity
Bitcoin’s blockchain, launched in 2009, was groundbreaking in its ability to enable peer-to-peer transactions without the need for intermediaries. Yet, its primary use case remained as a digital alternative to traditional currencies and a store of value. Bitcoin’s scripting language, Script, is intentionally limited in functionality to maintain security and prevent potential attack vectors. This limitation, while ensuring Bitcoin’s resilience against complex exploits, also restricted its abil...
Current State of BTCFi: Overview and Opportunity
Bitcoin’s blockchain, launched in 2009, was groundbreaking in its ability to enable peer-to-peer transactions without the need for intermediaries. Yet, its primary use case remained as a digital alternative to traditional currencies and a store of value. Bitcoin’s scripting language, Script, is intentionally limited in functionality to maintain security and prevent potential attack vectors. This limitation, while ensuring Bitcoin’s resilience against complex exploits, also restricted its abil...
