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Wednesday, December 18, 2024
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HomeCryptoBlockchainZeus Community validates first Bitcoin transaction on Solana

Zeus Community validates first Bitcoin transaction on Solana

Zeus Community has validated the primary Bitcoin transaction on the Solana blockchain.

On Dec. 12, Zeus Community achieved a historic milestone by efficiently validating the primary Bitcoin transaction on Solana utilizing its infrastructure. Based on a launch by Zeus, this growth bridges the hole between two distinct blockchain ecosystems, enabling Bitcoin transactions to leverage Solana’s quick and cost-effective infrastructure.

Bitcoin (BTC) and Solana (SOL) function on separate protocols, with Bitcoin using proof-of-work and Solana combining proof-of-history with proof-of-stake. Zeus Community’s (ZEUS) infrastructure acts as a bridge, permitting Bitcoin to be tokenized and transacted on Solana with out altering Bitcoin’s unique protocol.

BREAKING: @solana can now validate Bitcoin transaction!

Right here’s what occurred 🧵 👇🏻 pic.twitter.com/jykyZQmpyF

— Zeus Community 🟧⛈️🟣 (EPOCH 1) (@ZeusNetworkHQ) December 12, 2024

The method concerned replicating Bitcoin’s blockchain on Solana utilizing Zeus Community’s core elements — the ZeusNode Operator and Zeus Program Library.

Bitcoin transactions are verified, locked, and pegged to Solana’s ecosystem, making a pathway for Bitcoin liquidity to stream into Solana-based decentralized finance functions.

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Future Zeus integrations

Zeus Community plans to develop this integration additional, in keeping with their launch. Its roadmap consists of onboarding 1% of Bitcoin liquidity onto Solana by mid-2025 and incorporating different UTXO-based property like Litecoin (LTC), Dogecoin (DOGE), and Kaspa (KAS).

By that point, ZeusNode is hoping to handle roughly 2,250 BTC.

Moreover, the community plans to open-source the Zeus Program Library in early 2025, encouraging builders to construct functions on its infrastructure. This initiative is predicted to draw decentralized utility (dApp) initiatives, enhancing cross-chain interoperability throughout the ecosystem.

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Zeus Community validates first Bitcoin transaction on Solana

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