# TeleBTC technical paper [Here](https://arxiv.org/pdf/2307.13848.pdf), you can find the technical paper of TeleBTC. TeleBTC is a fully decentralized and secure wrapped BTC aiming to replace WBTC. Unlike WBTC, which is minted and burnt by trusted third parties and could lose its value if these parties are hacked, TeleBTC can be minted and burnt by anyone in a trustless manner. It is also backed by extra collateral, enhancing its security. In the paper, we explain how we built TeleBTC using a light client bridge and slashing mechanisms to ensure it is a trustless and secure asset. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.teleswap.xyz/fyi/telebtc-technical-paper.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.