Ilya Evdokimov’s Post

For those following Bitcoin's technical evolution, opcodes have been a recurring topic in development discussions. Now, with BIP 347, the reactivation of OP_CAT is moving from theoretical debates to practical implementation. While some in our industry have been skeptical about bringing smart contract functionality to #Bitcoin, OP_CAT offers a native, security-first approach that aligns with Bitcoin's core principles. All possible through covenants - programmable rules for #BTC transactions. Why should business leaders care? Through a combination with Schnorr signatures, OP_CAT could bring native smart contract functionality to Bitcoin, transforming it from a pure store of value into a comprehensive financial platform for business operations. Think automated treasury controls, time-locked investments, complex business logic, and much more 🚀 With BIP 347 already in motion, 2025 could mark Bitcoin's evolution into a more versatile financial tool, offering the security we trust with the flexibility businesses need. And Boosty Labs is here for it. We’ve been working with the Bitcoin ecosystem since the moment Boosty Labs was established, and the more industry progresses, the more value we can bring to our clients. Are you building on Bitcoin? Let’s connect and create something trusted and meaningful. Because the future deserves better 🙌

# Three possible methods to integrate Bitcoin Runes to Rosen Bridge For the Rosen's Bitcoin bridge, we are utilizing the OP_RETURN field to store bridge-related data on the Bitcoin network, such as the destination chain and address. However, since the OP_RETURN field is also employed by the Runes protocol, we need alternative solutions for Runes to coexist without conflicts. We are currently exploring three different methods to address this issue: ## Method 2: Dual Bitcoin Transactions **Process Description:** - User executes two separate Bitcoin transactions. - The first transaction utilizes the OP_RETURN field for the Runes transfer. - The second transaction’s OP_RETURN field signals the bridging data (such as the destination chain, destination address, etc). **Analysis:** - **Drawbacks**: Requires two Bitcoin transaction fees and the user's experiment could be slow. - **Advantages**: Eliminates the necessity for an Erg wallet and simplifies the design by not requiring a two-chain extractor for monitoring. This method is naive, however in some cases could be more robust than Method 3 to changes in Bitcoin nodes and Runes protocol in the near future.

🌟💸 Bitcoin Cash (BCH): A Comprehensive Overview 💸🌟 1. Genesis and Vision: 🚀 Fork from Bitcoin: Bitcoin Cash emerged in 2017 as a result of a hard fork from Bitcoin, led by a group of developers and miners seeking to address scalability issues and improve transaction throughput. The vision behind Bitcoin Cash is to create a peer-to-peer electronic cash system that is fast, reliable, and scalable for everyday transactions. 💡 Digital Cash for the World: Bitcoin Cash aims to fulfill the original vision outlined in Satoshi Nakamoto's whitepaper by providing a decentralized digital currency that can be used for everyday transactions, such as payments, remittances, and micropayments. Its larger block size and lower fees make it ideal for fast and inexpensive transactions. 2. Technology and Features: 🔗 Increased Block Size: Bitcoin Cash increased the block size limit from 1 MB to 8 MB (and later to 32 MB) to accommodate more transactions per block, resulting in faster and cheaper transactions compared to Bitcoin. This larger block size allows for greater scalability and throughput on the Bitcoin Cash network. 🔐 On-Chain Scaling: Bitcoin Cash prioritizes on-chain scaling solutions to increase transaction capacity and reduce congestion on the network. By focusing on larger block sizes and lower fees, Bitcoin Cash aims to provide users with a seamless and cost-effective experience for sending and receiving payments. 3. Adoption and Ecosystem: ⚙️ Growing Ecosystem: Bitcoin Cash has fostered a growing ecosystem of merchants, businesses, and developers who accept and build on the platform. Its user-friendly approach and emphasis on fast and cheap transactions make it attractive for e-commerce, remittances, and peer-to-peer payments. 🌐 Merchant Adoption: Bitcoin Cash has been embraced by a wide range of merchants and businesses worldwide, particularly in regions where access to traditional banking services is limited. From online retailers to brick-and-mortar stores, Bitcoin Cash is increasingly being accepted as a form of payment, driving mainstream adoption and usability. Category: Bitcoin Fork Date of launch:2017 Founder:Satoshi Nakamoto Link to the CoinMarketCap:https://lnkd.in/eQfSTj2b Link to the Website:https://lnkd.in/e8UTXFtH 🌐💰 #BitcoinCash #BCH #DigitalCash @TheBCHPodcast @BitcoinCashA @bitgreecom

How to buy #Bitcoin with a credit card: A detailed guide $BTC https://lnkd.in/d9SrtkDQ

I was present last week at #BtcAmsterdam where the topic of conversation was scalability in Bitcoin. I heard that many "Bitcoin Maxis and OG's" were against this, as Bitcoin should continue with its concept of "store of value" I'm going to give my opinion on this topic and I'm going to use some key points to break it down. Bitcoin was originally designed as a peer-to-peer electronic cash system, enabling direct transactions between people without intermediaries. Over time, as Bitcoin’s value increased, it became more widely viewed as a store of value, often referred to as "digital gold." 👉 Now: Developers are building on top of Bitcoin—using layer-2 solutions like the Lightning Network and BitcoinFi to scale, create dApps, and boost transactions. So let me tell you something: These solutions don't change the core Bitcoin protocol but rather operate on additional layers. This builders are bringing scalability, liquidity, and broader adoption. The core of Bitcoin stays unchanged, but its utility grows. Isn't that what we all wanted for Web3 in general? Bring utility to users? Innovation? scalability? The more protocols we build, the more users we attract, the more users we attract, the more liquidity we will attract, and the more liquidity we have, the price of bitcoin will continue to rise.

It's been a while since we updated here about StableBase, the stablecoin protocol we have been working on. Our alpha launch is getting near, in a couple of weeks time. Our website is live at https://stablebase.org along with our social accounts: https://lnkd.in/eHtJH5KY and telegram: https://lnkd.in/escE9DKE We were also at the Bitcoin Amsterdam conference last week, where we were able to talk to a lot of people about the protocol and got some positive feedback. We will stop posting here and post our future updates on x. Request you all to follow us to know more about what we are working on and about the alpha launch. Regarding development updates: 1. We are currently refactoring code as we introduced a new role called Rate Governor, which was what we used to call "Advanced User". Rate Governor is a more appropriate name as that's what they are doing in our protocol - set the reserve ratio and shielding rate. 2. Next up is the liquidation mechanism and the rest of the mechanism. We have created an illustration of the stablecoin price stability mechanism, which you can see here: https://lnkd.in/eCzJMNeE And an illustration of how borrowing works in the protocol from the user perspective: https://lnkd.in/ec6_mTVX And of course, please feel free to let us know your feedback or if you have any questions / comments about the design. Looking forward to connecting with you all on x.com

As mentioned in my earlier post this morning, here is the link to a post I made on my site going over bitcoin UTXOs and consolidation. This post is related to the one I made earlier about the UTXO consolidation youtube video! Learn about UTXOs below! https://lnkd.in/gif79GbT

'By focusing on transactions between $40 and $1,000, which likely represent real-life P2P payments, there's been a noticeable increase in the number of smaller transactions since 2023. This trend suggests a growing use of Bitcoin for everyday payments, indicating that Bitcoin is evolving in a direction that supports its initial purpose as a peer-to-peer electronic cash system.'

Looking to #offramp your #Bitcoin and struggling to bridge the gap between Bitcoin and Euros? Built on top of Striga's payment infrastructure, Prashanth Chandrashekar founded Bringin to make on-ramping and off-ramping Bitcoin significantly easier. Additionally, for newcomers especially, entering the Bitcoin pool has never been simpler. Learn more about Bringin's journey and how they are solving the challenges of Bitcoin off-ramping. #bitcoin #offramp #bringin #payments #CryptoInfrastructure

Currently, Germany as a nation holds around 46,359 BTC, which is equivalent to around $2.8 billion. If these cryptocurrencies are supplied to the market through different exchanges, the price of Bitcoin will fall as a result of the high liquidity.