Ethereum

Internet Computer

Bitcoin

<h4><strong>The platform has recently launched its Ethereum Virtual Machine (EVM). </strong></h4> 
<p>This move enables Solidity-based dapps to interact with tokens from both Bitcoin and the Internet Computer networks. Let’s explore more about Bitfinity.</p> 
<h5><strong>Unlocking Interoperability for Solidity Dapps</strong></h5> 
<p>This significant upgrade enables Solidity-based dapps to access tokens like BTC and runes on the Bitcoin Network. It also enhances the capabilities of the Internet Computer Protocol (ICP) by supporting Solidity. By integrating with the Bitcoin network, Bitfinity enables seamless asset bridging to other blockchains. It’s based on the Internet Computer. This fosters greater interoperability within the decentralized ecosystem.</p> 
<p><img decoding="async" class="wp-image-140870 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/ffjgfjf-296x300.png" alt="" width="486" height="493" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/ffjgfjf-296x300.png 296w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/ffjgfjf.png 394w" sizes="(max-width: 486px) 100vw, 486px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/dfinity/status/1791522657860751644" target="_blank" rel="noopener">X</a></strong></h6> 
<p>One of the key features of this development is the integration of ICP’s tech stack. It will enable applications utilizing Ethereum’s smart contract programming language, Solidity, to access Bitcoin-based tokens. This integration bridges the gap between two major blockchain networks, unlocking new opportunities for developers and users alike.</p> 
<h5><strong>More About Bitfinity on Bitcoin</strong></h5> 
<p>The combination of Runes and Bitfinity presents a compelling proposition for tokenization on the Bitcoin blockchain. <a href="https://www.altcoinbuzz.io/?s=runes" target="_blank" rel="noopener">Runes</a> introduces a novel approach to token issuance directly on Bitcoin, offering a new level of inscription capabilities. Meanwhile, Bitfinity provides the necessary infrastructure and scalability to support this innovation, enabling seamless integration and utilization of Runes tokens.</p> 
<p><img decoding="async" class="wp-image-140872 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/hgfjghnfbsd-253x300.jpg" alt="" width="481" height="570" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/hgfjghnfbsd-253x300.jpg 253w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/hgfjghnfbsd-354x420.jpg 354w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/hgfjghnfbsd.jpg 394w" sizes="(max-width: 481px) 100vw, 481px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/bitfinitynet/status/1787836834342428841" target="_blank" rel="noopener">X</a></strong></h6> 
<p>Additionally, Bitfinity has developed the Ord-RS Rust library, equipped with essential tools like transaction builders, signers, and parsers, to streamline the process of working with Runes and <a href="https://www.altcoinbuzz.io/?s=inscriptions" target="_blank" rel="noopener">Ordinal inscriptions</a> within the Bitfinity wallet ecosystem. This powerful synergy between Runes and Bitfinity has the potential to revolutionize how we interact with and build upon the Bitcoin blockchain.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/bitfinity-bridges-bitcoin-and-icp-with-evm-launch/">Bitfinity Bridges Bitcoin and ICP with EVM Launch</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Bitfinity Bridges Bitcoin and ICP with EVM Launch

Altcoin Buzz

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