Ilya Evdokimov’s Post

With the Stacks Nakamoto upgrade, Signers will be crucial in securing the network. Enterprise-grade validators with a proven track record (e.g. Kiln Finance & Restake) have been onboarded as Signers. Make sure to read why they are supporting the leading Bitcoin L2.👇 1)How Stacks is propelling the Bitcoin Renaissance by Restake: https://buff.ly/3yY05OU 2)Kiln X Stacks integration: https://buff.ly/4aXI28H

The Deuterium milestone brings threshold Schnorr signing of taproot assets and on-chain Bitcoin block headers to ICP. Discover how Bitfinity Network and Omnity Network plan to leverage these capabilities to unlock the Bitcoin economy. 🤯 👉 https://lnkd.in/dCve-jXG

Competing teams each verified zk proofs on Bitcoin mainnet during Bitcoin 2024. Both make use of BitVM, or “Bitcoin Virtual Machine,” an approach to create Turing-complete Bitcoin contracts without the need for a soft fork. Bitcoin rollups may be closer than we think. https://lnkd.in/dSQD8YwM

Bitcoin Layer 2 networks are critical to solving scalability problems and improving transaction efficiency by enabling off-chain transactions. #BTC #L2 https://lnkd.in/dYHc4-C4

BitVM2 Reveals Upgraded Features for Bitcoin Efficiency #BitVM2 introduces enhanced transaction efficiency system for fraud detection, boosting Bitcoin’s scalability with improved BitVM Bridge features. #Bitcoin #BitVM https://lnkd.in/gJNW8YPi

Ordinals, Inscriptions, and BRC-20: Driving Bitcoin Scalability Solutions - https://lnkd.in/dXtU6nwc According to a report by Binance Research, the average Bitcoin transaction fee has seen a notable increase, rising from $1.50 in 2022 to $4.20 in 2023, and reaching $9.50 so far in 2024. Recent advances in Bitcoin technology, including ordinals, inscriptions, BRC-20 tokens, and runes, have intensified the discourse around

Daniel Fogg, CEO of RootstockLabs, talked to Cointelegraph and pointed out that while Bitcoin can handle the increased load of activity from Runes the rising main chain fees present an opportunity for Layer 2 solutions. “Runes (like Ordinals and inscriptions) have brought excitement back to the idea of building on #Bitcoin. But if you are going to build a new economy, storing and transferring value are not enough. You need Turing-complete smart contracts, developer tools and much more…” https://lnkd.in/gr2gUwB8

With the release of the Bitcoin Light Client we can finally bring Bitcoin and its ecosystem to NEAR Protocol. This new development does not only make Bitcoin transactions seamless within NEAR dApps but crucially, it unlocks exciting new DeFi use cases. Read the article to learn more about what's coming! https://lnkd.in/d2qsgH8A

Bitcoin Cash Agrees to Network Scaling and Prepares to Upgrade the Adaptive Blocksize Limit https://lnkd.in/geVZFVsm

You should see this perfect progression of ICP. #ICP #Dfinity #Blockchain #Web3 #CCTP