Non-Custodial DeFi(Borrrowing and locking bitcoin, Investing) on Bitcoin L1 with Multisig Escrow

Introduction

Implementing decentralized finance on Bitcoin has faced significant challenges. These challenges head-on by allowing users to participate in DeFi while maintaining full control of their Bitcoin assets through the use of multisig escrow. Our project aims to empower users by providing a trustless environment for transactions.

Features

• Non-Custodial: Users retain custody of their funds at all times.
• Multisig Escrow: Enhance security with multisignature wallets, reducing the risk of unauthorized access.
• User-Friendly Interface: Intuitive design for easy navigation and interaction.
• Privacy-Focused: Default privacy mechanisms to protect user identities.

Technology Stack

• Bitcoin L1: Utilizing the Bitcoin network's security and robustness.
• Multisig Wallets: Implementing Bitcoin’s multisig functionality for escrow services.
• **JavaScript / Python / rust **: Core development languages for the application.
• Web3.js / Bitcoin.js: For blockchain interactions.

Usage

Provide instructions on how to use the application. Include:

• How to create a multisig wallet.
• How to perform transactions.
• Any notable commands or functions.

Contact Information

For questions, suggestions, or collaboration, please reach out to Telegram or follow on Twitter.

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Keywords: Non-Custodial, DeFi, Bitcoin, Multisig, Escrow, Cryptocurrency, Open Source, Decentralized Finance