Birdwatch Note Rating
2025-01-21 17:37:38 UTC - HELPFUL
Rated by Participant: FD97AD3268482B8B544DF27DB49B4B13887342ACE6CE37562114FE08901A6DE3
Participant Details
Original Note:
WBTC is an ERC-20 token on the Ethereum blockchain that represents Bitcoin (BTC) on a 1:1 basis. While it is not Bitcoin itself, each WBTC is backed by an equivalent amount of BTC held in reserve by a custodial service. https://www.moonpay.com/learn/cryptocurrency/what-is-wrapped-bitcoin?utm_source=chatgpt.com
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