I still do not understand why we need bitcoin on the blockchain ethereum, it's like for me a complete nonsense in this there is no sense and benefit
The primary utility of the eBTC token is to provide an easy and fast payment solution with respectable transaction fees. It will be the primary payment method used in the eBitcoin Ecosystem.
eBTC has an edge over all existing cryptocurrencies on the Ethereum blockchain as no other token on Ethereum including ETH itself is capable of sending multiple payments in a single transaction.
eBitcoin (eBTC) allows holders to make up to 255 payments in a single transaction saving large amounts of time, energy, and costs.
eBTC is so fundamentally great in this way. Models the real world almost exactly, with ETH being the oil of the system and eBTC being the gold. I can see eBTC reaching great heights if ETH in fact overtakes Bitcoin for whatever reason.