Been in this space long enough to watch every blockchain chase Bitcoin like it's some kind of holy grail. Wrapped tokens? Check. Synthetic derivatives? Yep. Custodial solutions? Sure. Even those "revolutionary" bridging protocols that promised seamless magic.
Pick literally any chain. Dig around a bit. You'll stumble into a digital cemetery packed with abandoned experiments—half-finished bridges, failed pegs, forgotten mechanisms. All tried to anchor BTC into their ecosystem. Most didn't make it past the hype cycle.
Funny how the pattern repeats. Different tech stack, same ambition, similar graveyard ending.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Been in this space long enough to watch every blockchain chase Bitcoin like it's some kind of holy grail. Wrapped tokens? Check. Synthetic derivatives? Yep. Custodial solutions? Sure. Even those "revolutionary" bridging protocols that promised seamless magic.
Pick literally any chain. Dig around a bit. You'll stumble into a digital cemetery packed with abandoned experiments—half-finished bridges, failed pegs, forgotten mechanisms. All tried to anchor BTC into their ecosystem. Most didn't make it past the hype cycle.
Funny how the pattern repeats. Different tech stack, same ambition, similar graveyard ending.