sBTC：架起比特幣與 DeFi 和智能合約世界的橋樑

作為去中心化金融 (DeFi) 領域的突破性發展，sBTC 已在 Stacks 主網上正式啟動，將比特幣與 DeFi 和智能合約世界聯繫起來。

Bitcoin (BTC) is now officially integrated with decentralized finance (DeFi) following the launch of sBTC on the Stacks mainnet. This integration marks a significant milestone in the evolution of the cryptocurrency ecosystem, enabling users to unlock the potential of Bitcoin in DeFi applications while maintaining the security and stability that the Bitcoin network is known for.

隨著 sBTC 在 Stacks 主網上推出，比特幣 (BTC) 現已正式與去中心化金融 (DeFi) 整合。此次整合標誌著加密貨幣生態系統發展的一個重要里程碑，使用戶能夠釋放比特幣在 DeFi 應用中的潛力，同時保持比特幣網路聞名的安全性和穩定性。

What is sBTC and How Does It Work?

什麼是 sBTC 及其工作原理？

sBTC is a new tokenized version of Bitcoin that is built on the Stacks blockchain. Stacks is a layer-2 solution for Bitcoin that enables smart contracts and decentralized applications (dApps) while leveraging Bitcoin’s security and decentralization. By creating sBTC, Stacks has effectively bridged the gap between Bitcoin’s vast liquidity and the rapidly growing DeFi sector, which has largely been built around Ethereum and other blockchain platforms.

sBTC 是比特幣的新代幣化版本，建構在 Stacks 區塊鏈上。 Stacks 是比特幣的第 2 層解決方案，它支援智慧合約和去中心化應用程式 (dApp)，同時利用比特幣的安全性和去中心化性。透過創建 sBTC，Stacks 有效地彌合了比特幣巨大的流動性和快速增長的 DeFi 領域之間的差距，該領域主要是圍繞以太坊和其他區塊鏈平台構建的。

The key innovation behind sBTC is its ability to bring Bitcoin to the Stacks blockchain in a trustless and secure manner. Bitcoin holders can lock their BTC on the Bitcoin network, and in return, they receive an equivalent amount of sBTC on the Stacks blockchain. This process allows Bitcoin to be used as collateral for DeFi protocols, enabling users to participate in decentralized lending, borrowing, trading, and other financial services while still maintaining ownership of their Bitcoin.

sBTC 背後的關鍵創新在於它能夠以無需信任且安全的方式將比特幣引入 Stacks 區塊鏈。比特幣持有者可以將他們的 BTC 鎖定在比特幣網路上，作為回報，他們在 Stacks 區塊鏈上收到等量的 sBTC。這個過程允許比特幣用作 DeFi 協議的抵押品，使用戶能夠參與去中心化借貸、借貸、交易和其他金融服務，同時仍保留其比特幣的所有權。

The launch of sBTC opens up a new frontier for Bitcoin holders, allowing them to gain exposure to DeFi applications without having to move their assets away from the Bitcoin blockchain or rely on centralized exchanges.

sBTC 的推出為比特幣持有者開闢了一個新領域，使他們能夠接觸 DeFi 應用，而無需將資產移出比特幣區塊鏈或依賴中心化交易所。

Key Features of sBTC on Stacks

堆疊上 sBTC 的主要特性

Trustless BTC to sBTC Peg: The creation and redemption of sBTC are handled entirely on-chain in a trustless manner, ensuring that users maintain complete control over their assets throughout the process.

去信任的 BTC 與 sBTC 掛鉤：sBTC 的創建和贖回完全以去信任的方式在鏈上處理，確保用戶在整個過程中保持對其資產的完全控制。

Fast and Scalable Transactions: Transactions involving sBTC on the Stacks blockchain are processed quickly and efficiently, thanks to the Stacks blockchain's high throughput capacity.

快速且可擴展的交易：由於 Stacks 區塊鏈的高吞吐量，Stacks 區塊鏈上涉及 sBTC 的交易可以快速有效地處理。

Secure and Decentralized: Inheriting the properties of both Bitcoin and Stacks, sBTC benefits from the unparalleled security and decentralization provided by these networks.

安全性和去中心化：sBTC 繼承了比特幣和 Stacks 的特性，受益於這些網路提供的無與倫比的安全性和去中心化性。

The Impact of sBTC on Bitcoin’s Role in DeFi

sBTC 對比特幣在 DeFi 中的作用的影響

For years, Bitcoin has been viewed primarily as a store of value or a medium of exchange. While its decentralized and secure nature has made it a popular asset for long-term investment, Bitcoin has not been widely used in the world of DeFi, which has been dominated by other blockchain platforms like Ethereum. The launch of sBTC on the Stacks mainnet changes that dynamic, enabling Bitcoin to be actively involved in the DeFi ecosystem.

多年來，比特幣主要被視為一種價值儲存手段或交換媒介。雖然比特幣的去中心化和安全性使其成為長期投資的熱門資產，但比特幣尚未在 DeFi 領域廣泛應用，該領域一直由以太坊等其他區塊鏈平台主導。 Stacks 主網上 sBTC 的推出改變了這種動態，使比特幣能夠積極參與 DeFi 生態系統。

This integration is especially important because it brings liquidity from the largest cryptocurrency, Bitcoin, into the DeFi space, which has often struggled with limited capital compared to traditional financial markets. With sBTC, Bitcoin holders can now participate in decentralized lending and borrowing markets, yield farming, and liquidity provision in ways that were previously not possible.

這種整合尤其重要，因為它將最大的加密貨幣比特幣的流動性引入了 DeFi 領域，與傳統金融市場相比，該領域經常因資本有限而陷入困境。借助 sBTC，比特幣持有者現在可以以以前不可能的方式參與去中心化借貸市場、流動性耕作和流動性供應。

Furthermore, the growing interest in DeFi could encourage more Bitcoin holders to explore decentralized applications, helping to drive adoption of Stacks and other Bitcoin-layer solutions. As more users embrace DeFi and decentralized applications, it could further solidify Bitcoin’s role as a key player in the broader blockchain ecosystem.

此外，人們對 DeFi 的興趣日益濃厚，可能會鼓勵更多的比特幣持有者探索去中心化應用程序，從而有助於推動 Stacks 和其他比特幣層解決方案的採用。隨著越來越多的用戶接受 DeFi 和去中心化應用程序，它可以進一步鞏固比特幣作為更廣泛的區塊鏈生態系統中關鍵參與者的角色。

Looking Ahead: The Future of Bitcoin and DeFi

展望未來：比特幣與 DeFi 的未來

The launch of sBTC on the Stacks mainnet is just the beginning of what promises to be a transformative period for both Bitcoin and decentralized finance. With sBTC providing a direct bridge between Bitcoin and the DeFi world, it’s likely that we’ll see a surge in innovative DeFi protocols and applications that are built specifically to leverage the liquidity and security of Bitcoin.

sBTC 在 Stacks 主網上的推出只是比特幣和去中心化金融變革時期的開始。隨著 sBTC 在比特幣和 DeFi 世界之間架起一座直接橋樑，我們很可能會看到專門為利用比特幣的流動性和安全性而構建的創新 DeFi 協議和應用程式的激增。

Moreover, the success of sBTC could inspire further innovation in the cryptocurrency space. Other projects may look to create similar solutions that bring assets from established blockchains like Bitcoin and Ethereum into the world of decentralized finance, expanding the utility of these assets and enhancing their overall value proposition.

此外，sBTC 的成功可能會激發加密貨幣領域的進一步創新。其他項目可能會尋求創建類似的解決方案，將比特幣和以太坊等現有區塊鏈的資產帶入去中心化金融世界，擴大這些資產的效用並增強其整體價值主張。

For now, sBTC’s launch marks an important step in the maturation of DeFi and the broader blockchain ecosystem. By integrating Bitcoin, the world’s largest and most established cryptocurrency, into DeFi, sBTC is helping to pave the way for the next generation of financial services that are more inclusive, secure, and decentralized.

目前，sBTC的推出標誌著DeFi和更廣泛的區塊鏈生態系統走向成熟的重要一步。透過將世界上最大、最成熟的加密貨幣比特幣整合到 DeFi 中，sBTC 正在幫助為更具包容性、安全性和去中心化的下一代金融服務鋪平道路。