Cardano makes huge bets on Bitcoin

Cardano is integrating the BitcoinOS Grail Bridge to enable decentralized programmability and scalability on Bitcoin, marking a significant milestone.

 

Cardano’s founding company, EMURGO, has teamed up with BOS to improve liquidity through the Grail Bridge,  for the trustless bridging of Bitcoin and other Bitcoin assets. Grail Bridge enables Bitcoin users to transfer their assets using zero-knowledge cryptography

Cardano is now the first significant Layer 1 blockchain to integrate with BOS infrastructure, allowing Bitcoin’s enormous capital to use its ecosystem of cryptocurrency features. In a tweet, BitcoinOS stated that this is not simply a technological milestone but also the return of the most well-known figures in cryptocurrency to Bitcoin.

Charles Hoskinson, the creator of Cardano, has alluded to an ambitious goal to enhance the Bitcoin environment by relaunching the Bitcoin Education Project in 2025 and offering state-of-the-art resources for Bitcoin developers.

The Bitcoin Education Project, which Hoskinson created in 2013, provides free, peer-reviewed content about Bitcoin and digital assets. In a tweet, he said that now that Bitcoin is “back in the family,” he intends to relaunch the Project in 2025 and develop a new edition of his course in the educational program.
Hoskinson stated that in addition to updating earlier material, the new version will provide materials tailored especially for developers wishing to create apps on the Bitcoin network.

Aiken Script, a cutting-edge programming language and toolkit for creating smart contracts on the Cardano blockchain, will be available to Bitcoin developers to broaden their programming toolkit. This includes hosting on Maestro and utilizing the hyper ledger GitHub.Hoskinson added that Bitcoin developers can create hybrid Cardano/Bitcoin apps in Aiken and pay for their transactions in Bitcoin via babel fees.

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ABOUT THE AUTHOR See More
Olumide Adesina
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.
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