Maybe this is a stupid idea, but as a naive crypto user, I'm wonder is there a way to wrap bitcoin by trust-less script to unleash it's cross chain adoption?
For now there are a lot of different chains which has trust-less DEXes, but in most of them BTC is wrapped by centralized custody (like WBTC) or just uses a hack-able bridge.
Also i found this
Rollups on bitcoinRollups on bitcoin, which uses BTC as Data & Consensus layer, with faster settlements and execution layer.
But for now all these solutions not well implemented and adopted.
What do you think, is it possible to wrap BTC in a trust-less way to ease integrations with other chains/rollups?
This will significantly increase demand for BTC as of now settlements layer on BTC can't meet users expectations.
Of course, i know that BTC has no finality and chain could be overridden by aliens who has more hashing power, but even if feature will be implemented as sending BTC to some script, and after that release BTC from script by submitting verifiable signature which bound not to private key, but to proof that abstract side chain token has been burned, this will be enough for most use cases.