bitcoin

Advancements in Bitcoin: Pushing the Boundaries of Scalability, Security, and Decentralized Innovation

The Big Whale

— 1 min read
  • BitcoinOS claims to have verified a zero-knowledge proof on the Bitcoin mainnet, enabling upgrades without forking the code.
  • Brollups proposes a trustless Bitcoin-native rollups design using pre-signed transactions.
  • Fractal is a Bitcoin sidechain focused on scaling transactions, with code closely resembling Bitcoin's base layer.
  • Babylon introduces staking to Bitcoin, allowing BTC holders to earn yield from multiple proof-of-stake networks.
  • Nubit acts as a background service securing multiple Bitcoin Layer 2s through data availability.
  • Bitcoin rollup projects aim to use optimized data availability layers to inherit Bitcoin's security.

Summary :
Bitcoin has seen significant advancements in the past year, with projects redefining what's possible on the blockchain. Here are five projects that are pushing the boundaries of Bitcoin: 1. BitcoinOS: BitcoinOS claims to have verified a zero-knowledge proof on the Bitcoin mainnet, unlocking potential upgrades without requiring changes to Bitcoin Core. It aims to be a platform that enables Bitcoin to do anything and become the foundation for decentralized innovation. 2. Brollups: Brollups is an alternative Bitcoin-native rollups design that allows for trustless unilateral exits. It enables smart contracts on Bitcoin and covers over 90% of DeFi use-cases. 3. Fractal Bitcoin: Fractal is a Bitcoin sidechain focused on scaling Bitcoin transactions. It closely mimics Bitcoin's base layer, allowing for plug-and-play continuity and recursive scaling. 4. Babylon: Babylon introduces staking to Bitcoin, allowing BTC holders to lock up their coins on the base layer and earn yield from multiple proof-of-stake networks. It provides higher crypto-economic security without the need for intermediaries or specific layer-2 chains. 5. Nubit: Nubit is a background service that secures multiple Bitcoin layer-2s through a data-availability layer. It leverages Bitcoin to deliver trustless and scalable data availability across all chains in the ecosystem. These projects are pushing the boundaries of what can be achieved on the Bitcoin blockchain, offering new possibilities for scalability, security, and decentralized innovation.

Sources :

- Decrypt

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