Friends in the blockchain world, today we are going to talk about an interesting and important topic: the 'locking' conundrum in the BTCFi ecosystem! 🎢

Recently, the founder of Nubit revealed a staggering phenomenon: many protocols are faking locked assets through offline pre-signed transactions, seemingly locking Bitcoin on the mainnet, but in reality, it is just an 'illusion.' It's like putting a label on your piggy bank that says it's full, but inside it's completely empty!

This operation makes the TVL (Total Value Locked) figure look beautiful, but it seriously undermines trust. Imagine thinking you are in a solid fortress, only to find out the walls are made of paper; doesn't that feel a bit heart-wrenching?

So, is there a way to solve this problem? Of course! The founder of Nubit proposed two solutions:

First, funds can be truly locked on-chain using Bitcoin script addresses. This way, everyone can see that your Bitcoin is indeed there, transparent and reassuring.

Second, employ zero-knowledge proof designs. This technology makes locking both transparent and secure while effectively avoiding double-spending risks. It's like adding a high-tech lock to your piggy bank that only you can open!

Finally, the founder of Nubit emphasized that without guarantees from the Bitcoin mainnet, such problems will only continue to arise. Bitcoin is the cornerstone of trust, and TVL must reflect real value, not just a house of cards.

So, friends, what do you think about this issue? Feel free to share your thoughts and suggestions in the comments! Let’s brainstorm together for the future of blockchain! 💬