[ad_1] <br><div><p>Not like staked ether (stETH), or <a target="_blank" href="https://www.coindesk.com/learn/what-are-blockchain-bridges-and-how-do-they-work/" rel="noopener">bridge protocols</a> that will let you “transport” tokens to totally different protocols (i.e., sending Solana-based tokens to Ethereum by way of Wormhole), wETH doesn’t have a centralized entity. Immutable, open-source sensible contracts govern how wETH and ETH work together, and it’s easy to verify that the wETH contract is totally backed at any given second. There’s a danger that the sensible contracts behind wETH might be hacked. WETH is pegged 1:1, and due to block explorers you'll be able to simply validate this.</p></div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMidmh0dHBzOi8vd3d3LmNvaW5kZXNrLmNvbS9tYXJrZXRzLzIwMjIvMTEvMjkvZmlyc3QtbW92ZXItYXNpYS1ldGhlcmV1bS1pc250LXdldGgtb3Itc3RldGgtYnV0LWpva2VzLXN0aWxsLW1vdmUtbWFya2V0cy_SAYUBaHR0cHM6Ly93d3cuY29pbmRlc2suY29tL21hcmtldHMvMjAyMi8xMS8yOS9maXJzdC1tb3Zlci1hc2lhLWV0aGVyZXVtLWlzbnQtd2V0aC1vci1zdGV0aC1idXQtam9rZXMtc3RpbGwtbW92ZS1tYXJrZXRzLz9vdXRwdXRUeXBlPWFtcA?oc=5">Source link </a>
Ethereum Isn’t WETH or stETH. But Jokes Still Move Markets
[ad_1] Not like staked ether (stETH), or bridge protocols that will let you “transport” tokens to totally different protocols (i.e., sending Solana-based tokens to Ethereum by way of Wormhole), wETH doesn’t have a centralized entity. Immutable, open-source sensible contracts govern how wETH and ETH work together, and it’s easy to verify that the wETH contract is totally backed at any given second. There’s a danger that the sensible contracts behind wETH might be hacked. WETH is pegged 1:1, and due to block explorers you'll be able to simply validate this. [ad_2] Source link
