Thomas Daniels

Published On: 13/12/2024
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Zeus Network Validates First Bitcoin Transaction on Solana
By Published On: 13/12/2024
Bitcoin

By confirming the first-ever Bitcoin transaction on the Solana blockchain on December 12, Zeus Network achieved a historic first. By bridging two different blockchain ecosystems, this accomplishment enables Bitcoin transactions to take advantage of Solana’s quick and affordable infrastructure.

The protocols used by Bitcoin and Solana are essentially different; Bitcoin uses a proof-of-work approach, whereas Solana mixes proof-of-history and proof-of-stake. Without changing the underlying protocol of Bitcoin, Zeus Network’s patented architecture makes it possible for Bitcoin to be tokenized and transacted on Solana with ease.

The procedure makes use of the ZeusNode Operator and the Zeus Program Library, two essential elements of the Zeus Network. These tools ensure that Bitcoin transactions are safely confirmed, locked, and pegged by simulating the blockchain of Bitcoin within the Solana ecosystem. This creative method greatly improves cross-chain functionality by allowing Bitcoin liquidity to enter Solana-based decentralized finance (DeFi) apps.

Roadmap & Upcoming Integrations
Zeus Network has laid out a comprehensive plan to expand its integration initiatives. The network wants to onboard 1% of Bitcoin’s liquidity onto Solana by the middle of 2025, which would be comparable to overseeing about 2,250 BTC. To further increase cross-chain interoperability, Zeus also intends to provide support for additional UTXO-based coins, including Litecoin, Dogecoin, and Kaspa.

Zeus Network plans to make the Zeus Program Library open-source in early 2025. By enabling developers to build decentralized apps (dApps) on Zeus’ infrastructure, this project will spur innovation and uptake in the larger blockchain community.

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