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BitcoinOS Successfully Verified The First Ever Zero-knowledge Proof On The Bitcoin Network

source-logo  cryptonews.net 25 July 2024 13:28, UTC

BitcoinOS created a historic moment in cryptocurrency history by making Bitcoin infinitely upgradeable without permission, without requiring any changes to the consensus code. This means that developers can use the Bitcoin blockchain without soft forks, allowing for unlimited scalability and functionality. The team confirmed that they have successfully verified the first-ever proof of ZK on the Bitcoin mainnet. The final verification was confirmed at block 853626. The team also successfully controlled BTC and Ordinals using the ZK-Bitcoin smart contract.

This important development opens the way for more developers to use the blockchain more effectively and enables true decentralization. The Bitcoin blockchain can compete in functionality with other cryptocurrencies such as Solana. Additionally, it will help bring the $1.1 trillion altcoin market back into the Bitcoin network.

BitcoinOS claims that the first ZK Proof Ordinal will also be available once the developers create it. The team also created a blockchain explorer to validate and analyze Bitcoin ZK transactions. The price of BTC has dropped 2% in the last 24 hours and is trading below $64,500 at the time of writing. The 24-hour low and high are $63,833 and $67,113, respectively.

Image: Forbes