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Polkadot Is Latest Blockchain to Explore Redeemable Bitcoin Tokens

It's only a proof-of-concept at this point, but there's now a model for locking BTC on the Bitcoin blockchain and minting PolkaBTC on Polkadot.

The polkadot-themed artwork of Yayoi Kusama.
The polkadot-themed artwork of Yayoi Kusama.