🎉 Good News! BitcoinOS (BOS) has just made history by successfully verifying the first Zero-Knowledge Proof (ZKP) on the Bitcoin mainchain on Block 853626!
- What does it mean? This opens the door to a more efficient Bitcoin layer 2 rollup system without the need for changes to the underlying consensus code. Imagine a Bitcoin that could be faster and more functional without the need for "major operations"!
- The BitcoinOS team succeeded in creating a UTXO controlled by the ZK smart contract, which can only be transferred if the correct proof is provided. No one person or federation controls these funds – only smart contracts.
- Edan Yago, BitcoinOS core contributor, said, "This is the first permissionless upgrade to the Bitcoin system, removing dependency on soft forks and increasing Bitcoin's ability to evolve and innovate."
- BitcoinOS also ensures decentralization by using a dynamic set of operators that verify bridge transactions between Bitcoin L1 and L2, increasing security against potential threats.
- With its modular architecture, BitcoinOS enables seamless interoperability between rollups, easing asset transfers and improving user experience.
Wondering how this will affect the future of Bitcoin and altcoins? Share your opinion in the comments column! 🚀