# The Permissionless Revolution: Decentralized Bridging with tBTC v2 with Matt Luongo

- Channel: [Ethereum Denver](https://streameth.org/ethereum-denver)
- Date: 2023-10-07
- Duration: 16:44
- Watch: https://streameth.org/watch/yt-626BrCeoLhs
- YouTube: https://www.youtube.com/watch?v=626BrCeoLhs

## Description

After the crypto world was rocked with crisis after crisis in 2022, the need for truly decentralized infrastructure has never been more clear. Foremost among these, is a robust, decentralized, permissionless bridge for the premier crypto collateral: BTC. With the sudden emergency shutdown of renBTC due to control by Alameda, there is no permissionless way to use BTC in DeFi and billions of dollars are currently stranded. This is the story of how we built a solution, while never budging an inch on our commitment to self-sovereignty.

Matt Luongo
Infrastructure + Scalability Stage