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Coinbase Plans to Add Verifiable Proof of Reserves to Its Bitcoin Wrapper cbBTC

Patricia Arquette
Patricia ArquetteOriginal
2024-10-01 10:38:15238browse

Adding proof of reserves (PoR) will put cbBTC on par with rival Bitcoin wrappers such as Wrapped Bitcoin (WBTC) and 21.co Wrapped Bitcoin (21BTC).

Coinbase Plans to Add Verifiable Proof of Reserves to Its Bitcoin Wrapper cbBTC

Coinbase is planning to integrate verifiable proof of reserves into its newly launched Bitcoin ( BTC) wrapper, Coinbase Wrapped BTC (cbBTC), a spokesperson for the exchange confirmed to Cointelegraph on Sept. 30.

Adding proof of reserves (PoR) will put cbBTC on par with rival Bitcoin wrappers such as Wrapped Bitcoin (WBTC) and 21.co Wrapped Bitcoin (21BTC). It also addresses concerns about Coinbase’s perceived lack of transparency.

“With cbBTC, we’ve planned PoR since the early days and the team is hard at work building it,” Lukas Staniszewski, a product manager at Coinbase, said in a Sept. 23 post on the X platform.

Related: 21.co Bitcoin wrapper to add Chainlink proof of reserve

9 月 23 日,Coinbase 更新了之前的一篇博文,指出 PoR 已纳入 cbBTC 的产品路线图,但尚未公布其他计划。

“自 cbBTC 概念诞生以来,通过储备证明提高透明度一直是我们路线图的一部分,并且将会遵循这一点,”Coinbase 表示。

9 月份,Coinbase 因涉嫌在透明度方面落后于竞争对手的比特币包装而受到批评。这也是毫无根据的谣言的目标,指控 Coinbase 正在向加密货币交易所交易基金 (ETF) 赞助商贝莱德发行无担保的比特币借条。

“几乎每一个桥(包括 WBTC)都提供储备证明,这样你就可以检查发行的代币是否得到支持,但 Coinbase 没有,”DefiLlama 的化名开发者 0xngmi 在 9 月 23 日的帖子中表示在X平台上。

“cbBTC 在透明度方面远低于标准,”0xngmi 补充道。

Coinbase 的 cbBTC 于 9 月 12 日推出,根据 CoinMarketCap 的数据,已成为最受欢迎的 BTC 包装器之一,锁定总价值 (TVL) 约为 2.5 亿美元。

Coinbase 的 cbBTC 在比特币包装器中脱颖而出,承诺补偿持有人因某些网络安全漏洞而造成的损失。它还受到纽约金融服务部的广泛监督。

根据 X 平台上 9 月 20 日的帖子,cbBTC 最初可在以太坊和 Base(Coinbase 的第 2 层扩展网络)上发行,很快将在 Solana 上推出。

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