CoinMarketCap: Read what our contributors have to say. This content is provided by the community. DYOR!
Bitcoin Breakthrough: First Zero-Knowledge Proof Verified on Mainnet
Market Musing-g

Bitcoin Breakthrough: First Zero-Knowledge Proof Verified on Mainnet

Coin Edition
By Coin Edition
Created 9 months ago, last updated 9 months ago
2 mins read
Bitcoin Breakthrough: First Zero-Knowledge Proof Verified on Mainnet
  • BitcoinOS pioneers zero-knowledge proof (ZKP) verification on Bitcoin’s mainnet.
  • This breakthrough enables enhanced functionality without altering Bitcoin’s core code. 
  • BitcoinOS is developing tools to leverage ZKPs, fostering innovation on the network.
BitcoinOS just pulled off a crypto first: they verified the first-ever zero-knowledge proof (ZKP) directly on Bitcoin’s mainnet, a technical milestone that could unlock a slew of scaling and functionality on Bitcoin.
This breakthrough, confirmed in block 853626, ushers in a new era of scalability and functionality for the Bitcoin blockchain, traditionally limited by the need for soft forks to implement upgrades.

In a nutshell, ZKP would allow enhancements to the network without requiring changes to its core consensus code. This advancement positions Bitcoin as a more com…

0 likes
|

Other articles published on Jul 25, 2024

Market Musing-g

Bitcoin and Ethereum Face Declines as $250M Liquidated in 12 Hours

#Bitcoin drops to $64,000, #Ether falls to $3,182 as the market sees $300M liquidated in 24 hrs amid volatility. #CryptoCrash #MarketUpdate Read More The post Bitcoin and Ethereum Face Declines as ...
By Crypto News Land
9 months ago
4 mins read
Market Musing-g

BlockDAG Team Reveal Set For July 29th After Securing $60.9M: A Pause on Internet Computer & Mant...

The upcoming BlockDAG team reveal on July 29th has generated considerable enthusiasm in the crypto community. Experts predict this reveal will result in a 40% surge in coin value. BlockDAG’s presal...
By CaptainAltcoin
9 months ago
5 mins read
Market Musing-g

BlackRock foresees 'very little interest' in crypto ETFs beyond Bitcoin, Ethereum — Bitcoin 2024

Blackrock sees limited interest in crypto ETFs beyond Bitcoin and Ethereum, citing client preference for core assets - Bitcoin2024 conference.
By Cointelegraph
9 months ago
3 mins read
Market Musing-g

$35 LINK Price Within Reach, Analyst Finds Parabolic Bull Flag Signal in Chainlink’s Price Chart

#Chainlink prints bull flag signaling #bullish spike for $LINK price to hit between $35 to $40 by August end. #Crypto #Altcoin Read More The post $35 LINK Price Within Reach, Analyst Finds Paraboli...
By Crypto News Land
9 months ago
4 mins read
Market Musing-g

Galaxy Ventures Raises $113 Million for Digital Asset Innovation

#GalaxyVentures secures $113M to boost early-stage crypto innovation, aiming for a $150M target to drive future digital asset advancements. #CryptoNews Read More The post Galaxy Ventures Raises $11...
By Crypto News Land
9 months ago
3 mins read
Market Musing-g

Ethereum Plunges 7% As Spot ETH ETF Outflows Hit $113M, Led By $800M Loss For Grayscale (ETHE)

The Ethereum price plunged more than 7% in the last 24 hours after spot ETH ETF (exchange-traded fund) outflows hit $113.3 million led by an [...]
By Inside Bitcoins
9 months ago
3 mins read

Join the thousands already learning crypto!

Join our free newsletter for daily crypto updates!