In a historic achievement, BitcoinOS (BOS), a superlayer protocol of trustless and interoperable Bitcoin rollups, has successfully verified the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain.
According to a press statement, confirmed by their X tweet on Wednesday, this milestone, achieved live on stage at the Bitcoin 2024 event, opens the door to unlimited scaling and functionality on Bitcoin without requiring further changes to Bitcoin’s base layer.
We have done it! For the first time ever a ZK-proof has been verified on Bitcoin Mainnet by BitcoinOS.The final verification was confirmed in block 853626.A historic moment and a historic block.A new era has begun for Bitcoin enabling unlimited scaling and functionality -… pic.twitter.com/x8akim4SJh
— BitcoinOS (@BTC_OS) July 24, 2024
Enthusiasm Surrounding BitcoinOS’s Breakthrough
Edan Yago, a core contributor to BitcoinOS, hailed this as the first permissionless upgrade of the Bitcoin system. He stated, “With BOS, the dependence on Bitcoin Improvement Proposals to introduce changes such as covenants to Bitcoin is massively reduced or, potentially, completely eliminated. This paves the way for more developers to build on Bitcoin more efficiently and enables true decentralization.”
ZKPs are a type of cryptographic proof that allows one party to prove to another that a statement is true without conveying any information apart from the fact that the statement is indeed true. This technology enables developers to build layer-2 (L2) rollups.
The BOS team also demonstrated that ZKPs enable users to create conditional payments based on cryptographic proofs with BitSNARK, BitcoinOS’s technology for verifying zkSNARKs. This allows developers to create near-trustless bridges for moving their BTC back and forth between Bitcoin mainchain and L2 rollups. BitcoinOS aligns with Bitcoin’s original promise—a trustless peer-to-peer digital money system. It remains decentralized, immutable, and secure while enabling efficient development.
3/ What this means: We successfully emulated covenants on-chain without a softfork.We also successfully controlled both BTC and Ordinals with a ZK-Bitcoin smart contract.
— BitcoinOS (@BTC_OS) July 24, 2024
Existing L2 models require users to trust a company or federation majority to protect their L2 BTC. With BOS, users only need to trust that one of potentially hundreds of members in a decentralized, dynamic operator set behaves honestly.
Wider Impact
Bitcoin, the first-ever digital money, has always had difficulty handling many transactions simultaneously. However, a recent breakthrough by BitcoinOS (BOS) could change everything. ZKPs are a type of secret code that lets you prove something is true without giving away any other information. For Bitcoin, transactions are made off the main network quickly and safely.
5/ Bitcoin can now be infinitely upgradable permissionlessly while requiring no changes to the consensus code.And it was completed earlier than expected as we all touched down in Nashville for the biggest Bitcoin conference ever. As we all know, crypto moves fast, so we just…
— BitcoinOS (@BTC_OS) July 24, 2024
By checking ZKPs on the main network, BitcoinOS opens up endless possibilities for handling more transactions. Developers can now build layer-2 (L2) rollups that work smoothly with the Bitcoin network. BitcoinOS acts as a bridge between the main network and L2 rollups. Users can move their Bitcoin back and forth without trusting a central authority. This approach without trust makes everything more secure and spread out.
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