Smart Contract Platform

Cardano integrates with the smart contract platform BitcoinOS, accessing $1.3 trillion in Bitcoin liquidity

ChainCatcher news, according to Cointelegraph, Cardano has announced the completion of integration with the smart contract platform BitcoinOS, bringing over $1.3 trillion in Bitcoin liquidity to its decentralized finance (DeFi) ecosystem.It is reported that the integration will utilize zero-knowledge (ZK) cryptography technology to achieve a trustless connection between Bitcoin assets and Cardano through the BOS Grail bridging protocol. This protocol employs BOS's ZK BitSNARK verification protocol, allowing Bitcoin transactions and assets to bridge to the Cardano blockchain without sacrificing decentralization and security.Ken Kodama, CEO of Emurgo, the leading organization in Cardano's Web3 adoption, stated that this integration "has the potential to unlock new cross-chain functionalities" and may drive the adoption of DeFi. He emphasized that BOS's bridging and zero-knowledge technology will provide a secure and trustless access route for Cardano's "users, projects, and developers" to Bitcoin.Notably, BOS has partnered with the layer two scaling solution Merlin Chain to deploy the BitcoinOS Grail bridging protocol on September 10. Merlin Chain founder Jeff Yin stated that this collaboration will provide users with "trustless, decentralized" bridging services for Bitcoin native assets, enabling cross-chain transactions without centralized security measures through zero-knowledge proofs directly written to the Bitcoin blockchain.
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