- BitcoinOS, the developer of Bitcoin Rollup, claims to have verified the primary zero-knowledge proof on Bitcoin mainnet.
- The milestone is predicted to usher in a brand new period of Bitcoin scalability, because the staff plans to construct an interoperable Layer 2 rollup superlayer on prime of Bitcoin mainnet.
BitcoinOS, a growth staff constructing a community of interoperable layer-2 chains on prime of Bitcoin, claims to have verified the primary zero-knowledge proof on the Bitcoin community. Zero-knowledge proofs (zk proofs) permit a celebration to show {that a} assertion is true with out disclosing any details about the assertion.
ZK Proof is the cryptographic protocol that powers networks like zkSync, and constructing Rollup on a community like Bitcoin requires a cryptographic solution to show that off-chain info is true with out revealing the data, so it may well kind the idea of a safe, decentralized Layer 2 community.
In keeping with BitcoinOS, “this achievement permits limitless scaling and performance for Bitcoin with none extra modifications to Bitcoin’s base layer.” In contrast to different scaling options, reminiscent of Stacks, which run sidechains, BitcoinOS runs rollups straight on the Bitcoin mainnet.
Increasing Bitcoin Use Instances
Till now, all ZK proofs have taken place on networks reminiscent of Ethereum which have native good contract performance. Sensible contract-like performance on Bitcoin mainnet has been restricted to Ordinal know-how and, extra not too long ago, Runes.
Ordinals led to a surge in NFTs and meme cash on Bitcoin, because the creation of the BRC-20 normal ushered in a brand new period of buying and selling and elevated income for Bitcoin miners. It additionally led to community congestion and elevated transaction charges.
The Way forward for Bitcoin Mainnet
In keeping with Eden Yago, a key contributor to BitcoinOS, Bitcoin is regularly transitioning from its preliminary position as a sound foreign money to “permaware that’s extra dependable and sturdy than another chain or software program.”
In keeping with the staff, ZK proofs make sidechains out of date and permit customers to switch Bitcoin between rollups in a largely trustless method.
The staff plans to supply a stay demonstration of BitcoinOS capabilities on the Bitcoin 2024 convention in Nashville.
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