BitcoinOS Verifies ZK-Proof on Bitcoin Mainnet, Marking a Groundbreaking Milestone in Crypto History
BitcoinOS, a superlayer protocol of trustless and interoperable Bitcoin rollups, has successfully verified the first-ever zero-knowledge proof (ZK-proof) on the Bitcoin mainnet, marking a groundbreaking milestone in crypto history. This unlocks unlimited scaling and functionality on Bitcoin without requiring any soft fork.
Key Highlights
• BitcoinOS has successfully verified the first-ever ZK-proof on the Bitcoin mainnet.
• This achievement enables unlimited scaling and functionality on Bitcoin without requiring any soft fork.
• The team confirmed that they successfully verified the first-ever ZK-proof on the Bitcoin mainnet, with the final verification being confirmed in block 853626.
• The team also successfully controlled both BTC and Ordinals with a ZK-Bitcoin smart contract.
New Era of Crypto Market
The major development paves the way for more developers to build on the blockchain more efficiently and enables true decentralization. Bitcoin blockchain can rival the functionality of other cryptos like Solana. Moreover, it will help bring the $1.1 trillion altcoin market back home to the Bitcoin network.
BitcoinOS asserts that the first ZK-Proof Ordinal will also become available soon as developers build. The team has also built a blockchain explorer to check and analyze Bitcoin ZK transactions.
The team will be celebrating the start of a new era for Bitcoin at the Bitcoin Conference in Nashville, Tennessee. The conference is expected to witness a massive gathering of crypto experts and enthusiasts, including Donald Trump’s speech, which is the most talked-about event in the conference.
Current Market Scenario
BTC price fell 2% in the past 24 hours, with the price currently trading below $64,500. The 24-hour low and high are $63,833 and $67,113, respectively. Furthermore, the trading volume has increased slightly in the last 24 hours.
Conclusion
BitcoinOS’s achievement marks a significant milestone in the crypto industry, unlocking unlimited scaling and functionality on Bitcoin without requiring any soft fork. This development has far-reaching implications for the future of the industry and the potential for more decentralized applications. The team’s success will undoubtedly bring more attention to the possibilities of blockchain technology and its potential to revolutionize the financial sector.
FAQs
Q: What is the significance of BitcoinOS’s achievement?
A: The significance of BitcoinOS’s achievement is that it marks the first-ever zero-knowledge proof (ZK-proof) on the Bitcoin mainnet, unlocking unlimited scaling and functionality on Bitcoin without requiring any soft fork.
Q: What does this mean for the future of Bitcoin and the crypto industry?
A: This development paves the way for more developers to build on the blockchain more efficiently and enables true decentralization. Bitcoin blockchain can rival the functionality of other cryptos like Solana, and it will help bring the $1.1 trillion altcoin market back home to the Bitcoin network.
Q: What is the current state of the Bitcoin market?
A: The current state of the Bitcoin market is that the price fell 2% in the past 24 hours, with the price currently trading below $64,500. The 24-hour low and high are $63,833 and $67,113, respectively. Furthermore, the trading volume has increased slightly in the last 24 hours.
Q: When can we expect the first ZK-Proof Ordinal to be available?
A: According to BitcoinOS, the first ZK-Proof Ordinal will be available soon as developers build.
