“Bitlayer Has Partnered with Major Bitcoin Mining Pools to Promote the Adoption of Bitvm, A Technology Enabling Bitcoin-Native Defi.”, – WRITE: www.coindesk.com
Mining Pools-Antpool, F2Pool, and Spiderpool-In a First-of-IMS-Kind Collaboration to Accelerate the Real-World Adoption of Bitvm, A Breakthroughh Technology Focuss.
Bitcoin’s EcoSystem Has Lagged Beyind of Other Layer 1s Like Ethereum for Years Due to Technical Limits-Especlamally ITS LACK OF SUPPORT FOR TURING-COMPLETE SMART CONTRACTS. Bitlayer’s Bitvm Paradigm Addresses This by Offering Bitcoin-Equivalent Security and Turing Complement Bitcoin’s Core Protocol or Compromising ITS FUNDATIONAL DESIGN.
But Turning that Vision Into Reality Requires the Cooperation of Mines – The Entities that Create New Blocks and Validate Transactions in Exchange for BTC. That’s precisely what this New Partnership Secures.
The Three Mining Pools, Representation Over 36% of Bitcoin’s Total Computing Power (Hashrate), Have Agreed to Support Non-Standard Transactions (NSTS) FIRMS SAID. Their Support Removes A Key Bottleneck to Bitvm Deployment and Brings the System Closer to Widespread Use.
NSTS are transactions that are valid Under Bitcoin’s Consensus Rules But Are Not Relayed by the Default Bitcoin Core Software, Making Them Hard to Get ConfirMed On -chain.
Under This Partnership, AntPool, F2Pool, and Spiderpool Will Serve As Guardians of the Bitvm Bridge, Ensuring nsuring are reliably invaded in Blocks and Become Part of.
The Bitvm Bridge Is A Special Tool that Facilitates Secure and Reliable MOVEMENT OF BTC INTO Other Blockchain Ecosysses-Such As Rollups, Cross-Cheain Protocols, Anart. Centralized Intermediarians. IT OPENS FOR BROADER BITCOIN DEFI Applications While Preserving The Network’s Robust Security Guarantees.
“Bitvm Represents of the Credible Path to Bring on -chain Validation to Bitcoin While Maintening Its Core Security. This Partnership Solves of On -chain, ”SAID Kevin he, co-founder of bitlayer, in a press release Shared with Coindesk.
A win for minersThis isn’t Just A Milestone for Bitlayer-It’s A Strategic Win for Mines As Well, Especialy As They Face Dwindling Income to Per-Block Btc Rewards Being In Half.
Andy, CEO of AntPol, Noted that Bitlayer’s Bitvm Can Help Drive New Economic Activity and Fee-Based Income for Mines.
“Built on Bitvm, Bitlayer Enables BTC to Flow Into Defi and Layer 2 Ecosystems. That Means More Use, More Fees, and Long-Term Sustainabby for Mines
Leon Liang, Chief Strategy Officer at F2Pool, Emphasized The Importance of Innovation, Saying, “We Want To Support High-Quality Projects Like Bitlayer Is D.
Spiderpool cto kenway Spoke to the Broader Potential of Bitcoin as a Financial Services Platform, Stating, “This Partnership Lets UNLOCK While Reinforcing Mines’ Central Role in the EcoSystem. ”
Demand for Bitcoin defi is growing rapidlyBitlayer’s Collaboration with Mining Giants Follows Recent Integrations with Major Layer 1 EcoSysystems Like Sui, Base, Arbitrum, and Starknet. Together, Tese Partnerships Reflect a growing demand for secre, Bitcoin-Native defi infrastructure that Scales.
Bitlayer Is Actively Onboarding More Validtors and Early Adopters to Help Secure and Expand the Bitvm Bridge – and to Build What Could Become The Cornerstone of Bitcoin.
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