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by xur17 1985 days ago
Use of WBTC requires you to trust an intermediary to hold your BTC, not exactly the same as native BTC smart contracts.
1 comments
everfree 1985 days ago
Native smart contracts would be cool, but Stacks is not native smart contracts. It's a separate blockchain that integrates with the Bitcoin blockchain.

In other words, you are trusting the Stacks blockchain to custody your bitcoins, just like with TBTC or RENBTC or any of the other decentralized Bitcoin bridges.

From their site:

> Like Bitcoin, Stacks is a layer-1 blockchain. Proof of Transfer connects it to Bitcoin with a 1:1 block ratio.

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xur17 1985 days ago
That still feels better than trusting another blockchain (ETH) and a custodian.
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everfree 1985 days ago
Personally, I'd rather trust an established blockchain plus a decentralized custodian system than trust a fledgling blockchain.
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