Home Earn Bitcoin Smartkarma Analysis: Earn Yield on Bitcoin – Financial Instances

Smartkarma Analysis: Earn Yield on Bitcoin – Financial Instances

1 min read
Comments Off on Smartkarma Analysis: Earn Yield on Bitcoin – Financial Instances
42

Tokenized bitcoin on the Ethereum networkThere isn’t any yield alternative straight on the Bitcoin community as it’s a pure peer-to-peer money community and there are not any sensible contracts straight constructed on prime of it. To earn a yield on BTC, one has to make use of tokenized BTC on the Ethereum community or on different blockchains that help sensible contracts.

Tokenized BTC on Ethereum works like this: BTC is transformed from its native format to Ethereum’s ERC-20

Adblock test (Why?)


Source link

Load More Related Articles
Load More By admin
Load More In Earn Bitcoin
Comments are closed.

Check Also

Ripple units new file with 108,900 XRP utilized in XRPL NFT gross sales – Crypto Information Flash

The XRPL Punks NFT assortment makes file gross sales hitting a brand new milestone for the…