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AnetaBTC is a research-driven protocol. The birth of AnetaBTC is the combination of concepts from research papers including, but not limited to, Bitcoin, wBTC, REN, Ergo, and Interlay. The key part of our approach is writing smart contracts that send Bitcoin to a vault if a user wants to mint anetaBTC. Upon minting, users will be able to freely use anetaBTC as a Bitcoin-backed asset on the Ergo and Cardano blockchains.