Projects, just like us, learn and start to evolve over time. @PortaltoBitcoin has also gained critical insights in the web3 space and wants the community to be aware of them: 🔶 Bridges bring more risk than security. 🔶 If the private key isn’t in your hands, the asset isn’t truly yours. 🔶 On Ethereum, “WBTC” (wrapped BTC) is a representative copy of Bitcoin locked on-chain. 🔶 In financial systems, liquidity belongs to banks or intermediaries. 🔶 In Web3, however, the goal is to be trustless, relying on code and protocol instead of people. 🔶 AMM (Automated Market Maker) is the core mechanism of decentralized exchanges, meaning it should be directly in your wallet, not under someone else’s control.
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