Sovryn (SOV) is a token system based on smart contracts for lending, borrowing and margin trading of bitcoins.

Sovryn news today, SOV crypto latest news of token ticker

Sovryn

"As far as we know @Blockstream  are not using secure elements," says Sergio Lerner, Chief Architect of Rootstock, the Bitcoin Layer 2 Protocol that allows for a smart contract functionality on top of Bitcoin security. It's the sidechain that Sovryn runs on. In this interview made at the LaBitConf 2022 conference in Buenos Aires, we discuss:

00:29 - The Rootstock POWPeg - the security layer that works by the principle of security in depth
02:19 - POWPeg - Pegout halts
05:08 - POWPeg vs. Liquid - key differences
07:29 - ZK Rollups - Zero Knowledge Proofs on top of Bitcoin

Sign up for Zero Early Access: https://bit.ly/3VKyIPe

Zero is a 0% bitcoin-backed loan - deposit bitcoin, get dollars, and buy more bitcoin. it's a way for us to hodl more bitcoin using the bitcoin we already have as collateral.

Visit the dapp: https://live.sovryn.app/

In just a few clicks, you can put your bitcoin to work in a privacy-focused manner, without giving up ownership of your bitcoin to a centralized third party. 

Twitter: https://twitter.com/SovrynBTC
Discord: https://discord.gg/7ysVSVF4
Telegram: https://t.me/SovrynBitcoin

Sovryn telegram news 25 November 2022 17:51