> For the complete documentation index, see [llms.txt](https://cardanobtc.gitbook.io/cbtc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cardanobtc.gitbook.io/cbtc/litepaper.md).

# LITEPAPER

**Introduction**

Bitcoin has been the pioneer of the cryptocurrency industry, but it faces scalability and transaction speed limitations. Cardano, on the other hand, is a fast and secure network that can overcome these limitations. Our solution is to bring Bitcoin to Cardano, creating a new native asset: CBTC.

**What is CBTC?**

CBTC is not a wrapped version of Bitcoin, but a native asset built on the Cardano network. It inherits Bitcoin's scarcity, security, and trustless nature, while benefiting from Cardano's scalability, interoperability, and fast transaction speed.

**Why CBTC?**

By combining the strengths of Bitcoin and Cardano, we aim to provide a solution that is faster, more efficient, and secure. CBTC enables holders to take advantage of Cardano's unique features, such as smart contracts, decentralized applications, and governance. 

**Conclusion**

CBTC is a new asset that combines the best of Bitcoin and Cardano. It provides a faster, more efficient, and secure alternative to Bitcoin, while preserving its core value proposition. CBTC enables to benefit from Cardano's unique features and opens up new use cases. We believe that CBTC will be a valuable addition to the cryptocurrency ecosystem, and we invite you to join us on this exciting journey.