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BitcoinOS Protocol Launches Bitcoin Bridge for Cardano

BitcoinOS Protocol Launches Bitcoin Bridge for Cardano

HappyCoinNewsHappyCoinNews2024/10/26 13:33
By:HappyCoinNews

Representatives of the BitcoinOS (BOS) protocol announced the launch Bitcoin -Grail bridge for network Cardano , with the help of which it became possible to move bitcoins and Cardano (ADA) between ecosystems.

BitcoinOS Protocol Launches Bitcoin Bridge for Cardano image 0

In a statement, the protocol developers noted that the new solution uses a ZK-proof system to make transfers between the two blockchains. They emphasized that only one honest participant in a pool of potentially hundreds of operators in a decentralized, dynamic and public set would be required to ensure the security of funds.

Thus, thanks to Bitcoin -bridge, Cardano becomes the first blockchain from the class of large networks to connect to the BOS infrastructure. It should be noted that the development Cardano Emurgo joined the project to increase liquidity Grail bridge, and provide a secure connection between Bitcoin and other cryptocurrencies on the market.

Representatives of both companies are confident that the launch Bitcoin -bridge is an important development stage for the two networks in the crypto space. According to them, the new solution will attract an additional number of investors and participants working with the first cryptocurrency and ADA.

Let us recall that earlier the BitcoinOS protocol successfully verified the first transaction based on zero-knowledge proof in the Bitcoin main network.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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