/// Polkadot General ///

Is WBTC decentralized or does a centralized entity have to hold the BTC and then issue the wrapped token?

no, bad coders can't be fixed by good auditors, because auditors aren't magic, again, remember slock.it and the dao?

the whole reason you're posting about this is that you think you're going to get rich from it, right? the economic model is all you need to look at, and there's never been an example. bitcoin's economic model is thousands of years old, its simply a bearer asset of limited supply.

and the atomic swap is the standard, polkadot of all companies won't be developing a standard for something, it will be whatever btceth use, just like the evm has become a defacto standard for smart contracts.

only they couldn't, because a direct solution is always going to be cheaper and more secure. why introduce a middleman especially one with its own funding token? direct solutions will always win out in that case.

it's centralized, they all will be until atomic swaps come out, and even then, long term atomic swaps are meaningless when the supermajority of all transactions never hit the blockchain itself.

your starting to babble incoherently, if you could outline exactly what economic model your referring to that'd be great and I do remember dao and have never heard of slock.it I am not a coder

>it will be whatever btc and eth use
btc and eth developers yeah, and I don't see why they wouldn't use an out of the box open source middle ware solution

>polkadots redundant because we have a centralised solution
interesting theory this one

>Raises over 100 MILLION USD for a whitepaper in 2017
What the fuck
>Decides to do another ICO at the peak of a bear market while haven't released mainnet and with them still having huge amounts of cash on hand
YIKES, greed and money grab

If you invest into this god bless your soul

Glad I'm not the only one that thinks this shit is a blatant scam.

>polkadot.network/

sorry. once 140 mill raised and they want more money. fuck off. learn from halo team, they raised very minimum. and yet they achieved alot. thank god ico bubble popped.

Based Rakesh.

WILL THIS MAKE ME RICH?

sure nigga