ICP Integrates Threshold-Schnorr Signatures, Empowering Builders To Enhance Bitcoin Economy
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Decentralized blockchain network, Internet Computer Protocol (ICP), announced the integration of threshold-Schnorr signatures and on-chain Bitcoin block headers as part of its Deuterium milestone. These advancements will allow developers to create new Bitcoin-native applications that were previously not feasible.
“Most Bitcoin meta protocols, like Ordinals and BRC-20, use Taproot transactions that rely on Schnorr signatures,” said Lomesh Dutta, VP of Growth at the DFINITY Foundation, in a written statement. “With tSchnorr, ICP smart contracts can now natively sign Bitcoin transactions, enabling developers to create a wide range of use cases like etching runes, DeFi lending markets backed by Ordinals, or infrastructure such as decentralized indexers. We’re already seeing a major surge in developers adopting tSchnorr, and we believe this will significantly accelerate development in the Bitcoin ecosystem,” he added.
ICP smart contracts now have the
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