Sun Yuchen talks to BitGo CEO: The traditional process of WBTC remains unchanged, focusing on enhancing user experience
ChainCatcher news, TRON founder and Huobi HTX Global Advisory Committee member Justin Sun participated in an X Space hosted by Jupiter co-founder Meow, where he had an in-depth discussion with BitGo CEO Mike Belshe and representatives from BiT Global regarding WBTC-related issues. Justin Sun stated that WBTC holds significant importance and brand value in the cryptocurrency field.Justin Sun mentioned that BiT Global and the new team will cherish the tradition of WBTC and ensure that the existing protocols, minting and burning processes, and transparency remain unchanged. He also emphasized that as builders in the blockchain space, their primary task is to protect the community and users, rather than merely pursuing profits. He stated that the team will invest all resources to focus on enhancing user experience and continue to drive the development of the cryptocurrency industry, ensuring WBTC's influence and security globally.BitGo CEO Mike Belshe also responded to controversial issues related to BiT Global during the conversation. He stated that although BiT Global is relatively new as a custodian, BitGo will still participate in the co-signing of transactions to ensure the legitimacy of the minting and burning processes. Belshe emphasized that trust is the hardest thing to earn in the cryptocurrency space, and the community should trust this new dual-signature arrangement, believing it will bring greater security and transparency to WBTC.