quinta-feira, novembro 21, 2024
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BitcoinOS Makes Breakthrough, Unlocks Bitcoin Scalability & Functionality


BitcoinOS, a superlayer protocol of trustless and interoperable Bitcoin rollups, has efficiently verified the first-ever zero-knowledge proof (ZK-proof) on the Bitcoin mainnet, marking a groundbreaking milestone in crypto historical past. This unlocks limitless scaling and performance on Bitcoin with out requiring any gentle fork.

BitcoinOS Verifies ZK-proof on Bitcoin Mainnet

BitcoinOS created a historic second within the crypto historical past making Bitcoin infinitely upgradable in a permissionless method whereas requiring no adjustments to the consensus code. This means builders can construct on Bitcoin blockchain with out gentle forks, enabling limitless scaling and performance.

 

The staff confirmed that they efficiently verified the first-ever ZK-proof on the Bitcoin mainnet. The last verification was confirmed in block 853626. The staff additionally efficiently managed each BTC and Ordinals with a ZK-Bitcoin good contract.

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“This is the first permissionless upgrade of the Bitcoin system and the first time Bitcoin has been upgraded without a soft fork. With BOS, the dependence on Bitcoin Improvement Proposals to introduce changes such as covenants to Bitcoin is massively reduced or, potentially, completely eliminated,” mentioned Edan Yago, core contributor to BitcoinOS.

Also Read: Here’s Why Ethereum Price Is Falling Today

The New Era Of Crypto Market

The main improvement paves the way in which for extra builders to construct on the blockchain extra effectively and allows true decentralization. Bitcoin blockchain can rival the performance of different crypto like Solana. It will assist convey the $1.1 trillion altcoin market again house to the Bitcoin community.

BitcoinOS asserts the primary ZK Proof Ordinal may even grow to be out there quickly as builders. The staff has additionally constructed a blockchain explorer for Bitcoin ZK transactions.

They will likely be celebrating the beginning of a brand new period for Bitcoin on the Bitcoin Conference in Nashville, Tennessee. The convention is anticipated to witness an enormous gathering of crypto specialists and fans. Donald Trump’s speech is probably the most talked about occasion within the convention.

BTC price fell 2% previously 24 hours, with the worth at the moment buying and selling under $64,500. The 24-hour high and low are $63,833 and $67,113, respectively. Furthermore, the buying and selling quantity has elevated barely within the final 24 hours.

Also Read: Ripple CEO Brad Garlinghouse Defends Kamala Harris Amid Crypto Backlash

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Varinder has 10 years of expertise within the Fintech sector, with over 5 years devoted to blockchain, crypto, and Web3 developments. Being a know-how fanatic and analytical thinker, he has shared his information of disruptive applied sciences in over 5000+ information, articles, and papers. With CoinGape Media, Varinder believes within the enormous potential of those progressive future applied sciences. He is at the moment protecting all the most recent updates and developments within the crypto business.

The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.





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