Solv Protocol, the largest on-chain Bitcoin asset manager overseeing over $1bn in assets, is excited to announce a major architecture upgrade for SolvBTC, cementing its Bitcoin ($BTC) mainnet execution layer to FROST. FROST is a threshold signature scheme pioneered by the Zcash community that makes institution-grade multisignature security independently to the Bitcoin network itself.
The main purpose of this up-gradation is to ensure the security and governance to Bitcoin without any amendments in the network. For seamless and successful operation, this upgrade brings SolvBTC’s Bitcoin execution model from Solv’s Staking Abstraction Layer (SAL), launched to standardize Bitcoin staking into a FROST Network-powered custody as a stronger operational witness for SolvBTC scales.
Solv Protocol Redefines Bitcoin ($BTC) Governance with FROST Technology
According to the record of FROST, it is considered famous for security and efficiency by being published on the public cryptography ePrint network. Solv’s upgrade points to a major step in actively functionalizing this model into production on Bitcoin infrastructure. Along with FROST, SolvBTC introduces a Vault Pool, Indexer, Auditors, and governed smart-contract controls to support $BTC issuance and redemption at a larger throughput and with great oversight.
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