Cryptocurrency Q&A Is wBTC centralized?

Is wBTC centralized?

Stefano Tue May 14 2024 | 5 answers 1275

Excuse me, I'm trying to wrap my head around this cryptocurrency thing, could you clarify something for me? Is wBTC considered centralized? I've heard conflicting opinions on this matter and I'm just trying to get a clear understanding. I understand that wBTC is a wrapped version of Bitcoin designed to function within the Ethereum ecosystem, but does this make it centralized in terms of its operation or governance? Could you please elaborate on this for me? Is wBTC centralized?

Is wBTC centralized?

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