Four Years

src/pages/developers/index.fr.md

@@ -12,4 +12,4 @@ Developers can build on tBTC. There are several resources to help devs use tBTC
 - [The technical specification](http://docs.keep.network/tbtc/)
 - [The Solidity API documentation](http://docs.keep.network/tbtc/solidity/)
 
-Developers are already building on tBTC using the tools above. The hackathon at ETHDenver [produced several excellent applications](https://blog.keep.network/bitcoin-earn-wins-ethdenver-tbtc-hackathon-prize-5233ce805468) that may provide examples.
+Developers are already building on tBTC using the tools above.

src/pages/index.md

@@ -26,13 +26,13 @@ features:
     title: Simple
 spotlight_1:
   body: >-
-    tBTC, the open-source project that allows people to use Bitcoin safely in
-    Ethereum DeFi apps, is live and ready to be used.
+    tBTC, the open-source project that allows people to use Bitcoin in DeFi
+    apps, has been operating safely for 4 years and bridged over 11,000 BTC.
   button:
     text: Read more
-    url: 'https://tbtc.network/news/2020-09-22-tbtc-is-live/'
+    url: '/news/2024-08-26-4-years-of-tbtc/'
   label: Announcement
-  title: tBTC Is Live
+  title: 4 years of tBTC
 spotlight_2:
   align: left
   button:

src/pages/news/2024-08-26-4-years-of-tbtc.md

@@ -0,0 +1,119 @@
+---
+template: news-item
+title: 4 Years of tBTC
+description: >-
+  Today’s tBTC is a robust, semi-permissioned Bitcoin bridge, iterating toward
+  full trust-minimization. tBTC has been in production for 4 years without
+  major incident with over [11,000 BTC bridged at its
+  peak](https://dune.com/threshold/tbtc?ref=blog.threshold.network), serving
+  users on Solana, Arbitrum, Optimism, Polygon, and Ethereum—making it one of
+  the most trustworthy bridges in the space.
+date: 2024-08-26T12:35:21.390Z
+---
+
+4 years since the September 2020 launch of tBTC v1, tBTC continues to be one of
+the few bridges that has never suffered a loss of funds. For those 4 years, and
+the 2 years of development that preceded them, the teams at
+[Thesis](https://thesis.co) and [the Threshold
+Network](https://threshold.network) that have worked on the tBTC infrastructure
+have been focused on the three principles outlined in [tBTC is for
+L2s](/news/2024-04-15-tbtc-is-for-l2s):
+
+- Security first
+- Credible neutrality
+- Economic alignment
+
+## 4 years of learnings
+
+In the early hours of May 18, 2020, at the height of COVID restrictions and
+before front-running white hat hackers were commonplace or [SEAL
+911](https://cointelegraph.com/magazine/seal-911-team-white-hat-forms-fight-crypto-hacks-real-time/)
+was a twinkle in samczsun's eye, the Keep team [paused the first release of the
+tBTC contracts](https://x.com/mhluongo/status/1262261372714455042) in what was
+to be one of the rare cases in the crypto space of a team spotting a
+critical smart contract bug and avoiding all loss of funds. Following a
+[detailed
+retro](https://medium.com/keepnetwork/details-of-the-tbtc-deposit-pause-on-may-18-2020-38d7dd555663)
+and four months of heavy additional testing, [tBTC went
+live](https://tbtc.network/news/2020-09-22-tbtc-is-live/) in its first version.
+Though this was the only time that the bridge has risked fund loss, the
+learnings from that event have translated into a rigorous, careful development
+process that has ensured the security of the bridge for the years that
+followed. 
+
+Once tBTC v1 launched, it became clear that one of the key challenges in
+scaling a bridge is its capital efficiency: how to balance security of user
+funds against the economic guarantees that those funds will remain available.
+This observation triggered the development of v2 of the bridge, whose design
+carefully balanced these two components to produce a [decentralized Bitcoin
+bridge built for
+scaling](https://medium.com/keepnetwork/tbtc-v2-a-censorship-resistant-btc-bridge-at-100x-scale-199d3a54ab99).
+Launched in January 2023, this updated model has safely bridged over 11,000 BTC
+to date.
+
+tBTC v1 launched with a phased approach, starting with a minting cap of 100
+tBTC that slowly increased to 1000 and then was lifted altogether. When v2 went
+live, it was launched with a slower, safer minting process and no redemptions,
+and over time launched optimistic minting to make bridging complete in a
+handful of hours, followed by full redemptions to bridge back to the Bitcoin
+network a few months later. At each step, security was held paramount, with v1
+undergoing 3 audits before launch and v2 doing phased audits as additional
+functionality came online.
+
+## 4 years of changes
+
+Though the original version of tBTC was built by the Keep Network, 2021 brought
+an opportunity for Keep Network and NuCypher, a similar project with a slightly
+different product portfolio, to [merge into one joint
+DAO](https://blog.threshold.network/decentralized-merger/). In early 2022, the
+first decentralized merger was completed to create the Threshold Network,
+whose nodes now operate the systems that back tBTC bridging. In the intervening
+time, Threshold has become a full-fledged DAO with an associated legal entity,
+various guilds responsible for driving its priorities and products forward, bug
+bounty programs associated with tBTC and other protocols backed by the network,
+and more.
+
+More recently, Threshold launched [thUSD](https://www.thresholdusd.org/en/), a
+stablecoin backed by Bitcoin based on tBTC, which is now being used by the
+Threshold DAO to [pay USD
+expenses](https://blog.threshold.network/borrowing-against-dao-treasury-assets-for-expenses-thresholds-move-to-thusd/).
+L2s from [BOB](https://www.gobob.xyz) to [Mezo](https://mezo.org) have been
+relying on tBTC to provide more use cases and possibilities to the world of
+Bitcoin. And finally, tBTC is being bridged from Ethereum to important chains
+like
+[Base](https://blog.threshold.network/navigating-the-future-of-defi-tbtc-launches-on-base/)
+and
+[Polygon](https://blog.threshold.network/unleashing-bitcoin-tbtc-launches-on-polygon-powered-by-wormhole/)
+and being minted natively on high-use chains like
+[Solana](https://blog.threshold.network/tbtc-launches-on-solana/) and, soon,
+Arbitrum.
+
+## 4 years is just the beginning
+
+tBTC is starting to appear everywhere, but it's also just getting started, both
+as a building block and as an infrastructure tool. tBTC promises to be
+instrumental in building out the networks that are adding productive uses to
+Bitcoin, including underpinning a new wave of native experiences for
+Bitcoin-native users like [transparent access to Bitcoin
+wallets](https://info.mezo.org/mezo-portal/btc/btc-deposit-guide) that want to
+interact with other chains. It's also the heir apparent as WBTC struggles with
+[the usual complications of operating a centralized
+bridge](https://x.com/du09btc/status/1823708022595837992?s=46).
+
+On the backend, the development team has already started building out the use
+of [FROST and
+ROAST](https://github.com/keep-network/tbtc-v2/blob/main/docs/rfc/rfc-10.adoc)
+to move the network from 51-of-100 wallets to 501-of-1000 wallets that provide
+full attributability for errors and aborts, allowing tBTC to scale its
+network even further. At the same time, the introduction of
+[BitVM](https://bitvm.org/) is being closely watched as another potential
+ugprade in security model and scale. As the technology matures, using the most
+diverse and experienced set of operators and the most trusted decentralized
+bridge and token as the premier BitVM implementation will become a natural
+choice.
+
+Between these upgrades, L2 adoption, increased availability in blue chip DeFi
+protocols like Aave and GMX, new and more seamless integrations across existing
+and novel chains, and as-of-yet unexplored protocols built on top of the
+straightforward access to decentralized BTC collateral provided by tBTC, the
+coming years promise to be the most exciting yet.

src/templates/developers-page.js

@@ -36,7 +36,7 @@ const DevelopersPage = ({ data, pageContext }) => {
   const { edges: resources } = data.allMarkdownRemark
 
   return (
-    <App title={post.frontmatter.title} locale={pageContext.locale}>
+    <App title={post.frontmatter.title} description={post.frontmatter.description} locale={pageContext.locale}>
       <DevelopersPageTemplate
         title={post.frontmatter.title}
         body={post.html}
@@ -63,6 +63,7 @@ export const pageQuery = graphql`
       html
       frontmatter {
         title
+        description
       }
     }
     allMarkdownRemark(

src/templates/news-item.js

@@ -14,8 +14,6 @@ export const NewsItemTemplate = ({ title, date, body }) => (
 const NewsItem = ({ data, pageContext }) => {
   const { markdownRemark: post } = data
 
-  console.log(post.frontmatter, post.frontmatter.canonicalUrl)
-
   return (
     <App
       title={post.frontmatter.title}