BitcoinOS Unveils 'Superlayer' Protocol, Introducing Rollups to Enhance Bitcoin
BitcoinOS Unveils ‘Superlayer’ Protocol, Introducing Rollups to Give a rob to Bitcoin
A original platform named BitcoinOS geared toward bringing Bitcoin into the decentralized finance (DeFi) landscape has been launched by a team of blockchain builders at Sovryn.
The platform, which the builders divulge as an “working machine” for Bitcoin, utilizes “sovryn rollups,” establishing a foundational layer for decentralized functions (dapps) on the Bitcoin community, per an announcement posted on Sovryn’s web position this week.
Does Bitcoin seem frozen in time? A amount of chains safe beautiful contracts, scaling layers, rollups – and Bitcoin?
Introducing BitcoinOS: a superlayer of interoperable rollups turning Bitcoin exact into a world working machine.
Innovation is coming to Bitcoin!#BitcoinOS
Link⬇️ pic.twitter.com/4BV7E5Xn5G
— Sovryn | DeFi for Bitcoin (@SovrynBTC) January 25, 2024
This platform, offered as a “public correct,” allows any developer to make contributions and originate tools in their preferred programming language.
BitcoinOS shall be “be sport-changing,” the announcement on Sovryn’s web position proclaimed, noting that it combines “rollup flexibility and scalability, making certain interoperability, and allowing seamless race of Bitcoin and native resources all by systems.”
“BitcoinOS redefines Bitcoin as a world working machine for the sector,” the announcement added.
BitcoinOS will enhance trip and decrease charges of transactions
Bitcoin’s necessary blockchain, recognized for its high safety, has over time been criticized by some participants of the crypto community for its slower transaction trip and increased charges all by height classes.
BitcoinOS goals to address these limitations by providing scalability, programmability, interoperability, and a practically trustless safety model.
The platform’s fraud machine allows even a single beautiful participant to forestall fraudulent transactions, thereby bettering safety.
Sovryn’s announcement additionally highlighted that BitcoinOS allows for entire beautiful contracts, enabling builders to open their rollups, fostering composability and interoperability amongst various functions.
The venture thus seeks to forestall liquidity silos and enable shared financial process between diversified projects, the announcement stated.
Sovryn is additionally in most cases known as the issuer of the Sovryn Greenback (DLLR), a Bitcoin-backed decentralized stablecoin which is redeemable for BTC.
Source : cryptonews.com
