Stacks sBTC bridge
Overview
Stacks sBTC is a token on the Stacks blockchain that is backed by Bitcoin. It functions as a bridge asset, maintaining a 1:1 peg to Bitcoin via peg-in and peg-out mechanisms. Users create sBTC by locking Bitcoin (BTC) and retrieve BTC by destroying sBTC.
Within The Counterparty graph, Stacks sBTC connects to 2 tracked entities, most strongly to Bitcoin, Bitcoin.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
bridges | Bitcoin | 95% |
deployed_on | Bitcoin | 85% |
Frequently asked questions
What is Stacks sBTC?
Stacks sBTC is a bridge tracked in The Counterparty knowledge graph. It is connected to 2 other tracked entities, most strongly to Bitcoin, Bitcoin.
What type of entity is Stacks sBTC?
Stacks sBTC is classified as a bridge (bridge) in The Counterparty knowledge graph.
What is Stacks sBTC connected to?
In The Counterparty knowledge graph, Stacks sBTC is linked to 2 other tracked entities, most strongly to Bitcoin, Bitcoin.