Bitlayer and three major Bitcoin mining pools have reached cooperation to jointly promote the implementation of BitVM Bridge

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Bitlayer and three major Bitcoin mining pools have reached cooperation to jointly promote the implementation of BitVM Bridge

05-27 02:08

Odaily News On May 27, Bitlayer, a project based on the BitVM technology of the Bitcoin ecosystem, announced a strategic partnership with three Bitcoin mining pools, Antpool, F2Pool and SpiderPool, which account for nearly 40% of the global total computing power. As a BTC bridge solution built on the latest paradigm of BitVM, the challenge path of BitVM Bridge uses non-standard transactions (NST, Non-Standard Transaction). Bitcoin consensus accepts NST, but the default strategy of the Bitcoin client transaction pool does not support it. After this cooperation is reached, the Bitlayer cooperative mining pool will provide an API interface that can receive NST and ensure that NST is confirmed on the chain. As a result, anyone can challenge suspicious withdrawal requests by submitting NST to the interface of the cooperative mining pool to ensure the safety of funds of BitVM Bridge. At the same time, the cooperative mining pool can also obtain potential fee income from the NST service.
As the first BTCFi infrastructure built on BitVM, BitVM Bridge has currently reached cooperation with 7 mainstream public chains and protocols including Sui, Base, Starknet, Arbitrum, Sonic SVM, Plume Network and Sundial to jointly realize the multi-chain ecological deployment and integration of BitVM Bridge, and plans to expand to more ecosystems in the future. According to official news, BitVM Bridge has now entered the final testing phase and is expected to launch the mainnet in the near future.

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