Bitcoin developers looking to expand blockchains Decentralized Finance )
That’s a problem, according Edan Yago, a Bitcoin veteran of more than a decade and core contributor to the smart contract operating system bitcoinos (BOS).
“Making a blockchain, especially the one with a $ 2 trillion value here, is like open-heart surgery,” Yago told CoinDesk in an interview that “hard forks are obviously more problematic, but I think the introduction of any kind of fork is ugly.”
A fork is a Change to a blockchain code That requires a difference -at a certain point on a separate path. The forks can be “soft,” which means older versions can still be in contact with the new, or “poor”, providing older versions that are incompatible and require all users to upgrade their software.
ZK proofs are a cryptographic form that proves the validity of the statements while maintaining privacy by not revealing any information about it. The function is not available in bitcoin software, but can do so Suggested implementations such as OP_CAT and op_ctv. Yago said developers should find ways to enabilize them with Bitcoin without any kind of fork.
“The burden of proof is to the developers to show that there is no other way to accomplish this through smart engineering,” he said.
This is what Bos hopes to achieve by Bitsnark, a bitcoin Rollup protocol That is part of the family of computing paradigs built to measure the original blockchain. The following appeared Robin Linus’s Bitvm introduction in October 2023that set a framework for how Ethereum-like smart contracts with Bitcoin can be enabled.
Bitcoinos is now there open-sourced What Yago described as a “fully production-ready” Bitsnark protocol, meaning developers now have access to ZK verification with Bitcoin and can connect it to other blockchains such as Ethereum, Solana and Cardano.
Bitsnark allows developers to take large, complex programs and prove the calculation results to only 300 bytes that can be proven in standard bitcoin transactions. That could provide the way for BTCFI, a term used for Defi in Bitcoin, by enabling cross -chain bridges, decentralized exchanges and bitcoin (BTC) -backed Stablecoins.
While there is There are many projects Looking to introduce decentralized finances in Bitcoin, they rely on the use of OP_CAT or OP_CTV codes, which requires a fork in blockchain software. Yago wants to reach the same destination by a different route.
