diff --git a/README.adoc b/README.adoc index 92a6449a6..dc85d3bfe 100644 --- a/README.adoc +++ b/README.adoc @@ -1,6 +1,6 @@ :toc: macro -= TBTC v2 += tBTC v2 https://github.com/keep-network/tbtc-v2/actions/workflows/contracts.yml[image:https://img.shields.io/github/actions/workflow/status/keep-network/tbtc-v2/contracts.yml?branch=main&event=push&label=Core%20contracts%20build[Core contracts build status]] https://github.com/keep-network/tbtc-v2/actions/workflows/typescript.yml[image:https://img.shields.io/github/actions/workflow/status/keep-network/tbtc-v2/typescript.yml?branch=main&event=push&label=SDK%20build[SDK build status]] @@ -20,28 +20,29 @@ original asset. This centralized model requires you to trust a third party and is prone to censorship, threatening Bitcoin's promise of secure, permissionless decentralization. -Threshold aims to solve this problem with TBTC v2. +Threshold aims to solve this problem with tBTC v2. -The second generation of TBTC is a truly decentralized bridge between Bitcoin +The second generation of tBTC is a truly decentralized bridge between Bitcoin and Ethereum. It provides Bitcoin holders permissionless access to DeFi and the expanding web3 universe. -TBTC v2 replaces centralized intermediaries with a randomly selected group of +tBTC v2 replaces centralized intermediaries with a randomly selected group of node operators on the Threshold Network. This group of independent operators works together to secure your deposited Bitcoin through threshold cryptography. -That means TBTC v2 requires a majority threshold agreement before operators +That means tBTC v2 requires a majority threshold agreement before operators perform any action with your Bitcoin. By rotating the selection of operators, -TBTC v2 protects against any malicious individual or group of operators seizing -control. Unlike other solutions on the market, users on TBTC v2 are reliant on -math, not hardware or people. Additionally, TBTC v2 is open and accessible to +tBTC v2 protects against any malicious individual or group of operators seizing +control. Unlike other solutions on the market, users on tBTC v2 are reliant on +math, not hardware or people. Additionally, tBTC v2 is open and accessible to anyone. - -TBTC v2 allows anyone to use Bitcoin in the expanding DeFi and Web3 universe + +tBTC v2 allows anyone to use Bitcoin in the expanding DeFi and Web3 universe without a third-party intermediary. toc::[] == Overview + tBTCv2 uses the link:https://github.com/keep-network/keep-core/tree/main/solidity/random-beacon[Random Beacon] and link:https://github.com/keep-network/sortition-pools[Sortition Pool] @@ -51,7 +52,7 @@ Bitcoin wallets at a governable frequency (starting weekly). The youngest wallet accepts new deposits, and the oldest wallet serves redemptions. Depositing Bitcoin into the tBTCv2 bridge grants a transferable Bank balance, which -can be used to mint a supply-pegged ERC-20: TBTC. For an in-depth explanation +can be used to mint a supply-pegged ERC-20: tBTC. For an in-depth explanation about the design, see link:docs/rfc/rfc-1.adoc[RFC 1: tBTCv2 Design]. == Repository structure @@ -78,4 +79,4 @@ learn more. == Security Please see link:SECURITY.adoc[SECURITY.adoc] to learn more about -tBTC v2 security policy. \ No newline at end of file +tBTC v2 security policy.