“The on -chain Transaction Between Bitcoin and Cardano Was Facilitated by BitvMX, An Interperability Protocol Built Using the Bitvm Programming Language”, – WRITE: www.coindesk.com
The on -chain Transaction Between Bitcoin and Cardano Was Facilitated by Bitvmx, Anteperacy Protocol Built Using the Bitvm Programming Language.
The Transaction Was Unveiled by Input | Output (IO), The Creator of the Layer 1 Cardano, at the Bitcoin 2025 Conference in Las Vegas on Tuesday.
The Bridge Represents A “Preview of What Is To Come,” IO Said in An Emailed Announcement. ITS Ultimate Aim Is A Full Integration Between Bitcoin and Cardano, Providing DEFI SERVICES FOR BTC USERS AND UNLOCKING HUGE AMUNTS OF LIQUITY FROM The VALUE STED IN BITCOIN.
To this end, io io zeloped the “Cardinal” Protocol, A Portmanteau of Cardano and Ordinals, Which Harnesses Bitvmx to Assign Bitcoin-Native Assets To Addresses on Cardan.
The Ordinals Protocol Was IntroduCed at the Start of 2023, Enabling The Inscription of Data Onto Individual Satoshis traceable. In Effect, this Created a Bitcoin Equivalent of Non-Fungible Tokens (NFTS).
Read More: Bitlayer Joins Forces with Antpool, F2Pool, and Spiderpool to Supercharge Bitcoin Defi
X Icon
