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whiteThe BTCR team recognized that the Bitcoin blockchain is the most secure, immutable ledger in existence. Instead of creating a new network from scratch, they chose to build on top of Bitcoin's existing infrastructure. Their "work" involves creating —unique, permanent links that live on the blockchain and allow individuals to own their identity just like they own their Bitcoin. 2. The Daily Grind: Security Over Speed
Governance and Tokenomics To decentralize relayer incentives and governance, Team BTCR proposed a lightweight token model: team btcr work
Every team member generates a public-private key pair. Roles (e.g., Admin, Writer, Observer) are assigned via a multi-signature wallet contract. No work begins until the on-chain roster is finalized. The BTCR team recognized that the Bitcoin blockchain
While the DID itself lives on-chain, more detailed information (such as public keys or service endpoints) is stored in a DID Document . The BTCR transaction can include an OP_RETURN opcode, which embeds a pointer (URI) to this document, typically stored on decentralized storage like IPFS. No work begins until the on-chain roster is finalized
Challenges and Trade-offs
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