đ Developers successfully achieved seamless bridging between Cardano and Bitcoin? Even Cardano founder Hoskinson was stunned!
What would it be like for a Bitcoin wallet to interact directly with the Cardano ecosystem? This is the surprise brought to us by a Bitcoin developer named elraulito!
On September 23, a Bitcoin developer named elraulito announced on social media X that a smart contract built on Plutus V3 can enable seamless bridging between Bitcoin and Cardano applications!
He showed the public a seamless cross-chain bridge that allows Bitcoin users to now send ADA, tokens, and even stake in any Cardano mining pool without creating a new wallet. This means that the Bitcoin ecosystem and the Cardano application ecosystem can easily achieve free "circulation"!
Even Cardano founder Charles Hoskinson retweeted this tweet and expressed his surprise at this innovation with a picture, which may indicate that the smart contract will be a new chapter in cross-chain technology that connects the entire blockchain ecosystem.
The developers also detailed how they built this smart contract using Cardanoâs smart contract language aiken and CIP69, as well as tools such as MeshJS. This contract not only supports multi-validator transactions, but also handles off-chain transactions.
This bridge allows Bitcoin users to easily join the Cardano ecosystem, and these features may be extended to other EVM chains in the future.
The community is curious about the mechanics and applications of this new bridge. One user asked how to send Cardano operations from a Bitcoin wallet, and the developer explained that Bitcoin users can sign Cardano operations directly from their existing wallets.
Further discussion focused on the verification process, which ensures that transactions comply with the predefined rules set in the smart contract, thereby providing secure cross-chain operations.
In short, this feature opens the door for users outside the Cardano ecosystem to interact with airdrops and liquidity staking without changing wallets.
đ What do you think of this new bridge between Cardano and Bitcoin? Do you think this cross-chain bridge will change the future of the entire cryptocurrency ecosystem?
