BitcoinOS Staff Claims to Have Verified the First ZK Proof on Bitcoin Mainnet

• BitcoinOS, builders of rollups for Bitcoin, declare to have verified the primary zero-knowledge proof on the Bitcoin mainnet.
• This milestone is anticipated to herald a brand new period of scalability on Bitcoin because the crew intends to construct an excellent layer of interoperable layer 2 rollups on the Bitcoin mainnet.

BitcoinOS, a improvement crew constructing a community of interoperable layer 2 chains on Bitcoin, claims to have verified the primary zero-knowledge proof on the Bitcoin community. Zero-knowledge proofs (zk proofs) permit a celebration to show {that a} assertion is true with out revealing details about the assertion.

ZK proofs are the cryptographic protocol that powers networks like zkSync and might kind the idea of safe, decentralised layer 2 networks as a result of a cryptographic technique for proving that off-chain info is true with out revealing the knowledge is required to construct rollups on a community like Bitcoin.

Based on BitcoinOS, “the achievement unlocks limitless scaling and performance on Bitcoin with out requiring further modifications to Bitcoin’s base layer”. In contrast to different scaling options, like Stacks, which run sidechains, BitcoinOS will run rollups instantly on the Bitcoin mainnet.

Bitcoin’s Rising Use Instances

Till now, all ZK proofs have been on networks like Ethereum that possess native good contract performance. Sensible contract-like performance on the Bitcoin mainnet has been restricted to Ordinal expertise and, extra lately, Runes.

Ordinals introduced concerning the proliferation of NFTs and memecoins on Bitcoin because the creation of the BRC-20 customary led to a brand new period of transactions and elevated earnings for Bitcoin miners. It has additionally led to community congestion and elevated transaction charges.

The Way forward for the Bitcoin Mainnet

Bitcoin is slowly transferring away from its preliminary function as sound cash to “permaware, [which is] extra dependable and everlasting than every other chain or software program”, in response to Eden Yago, core contributor to BitcoinOS.

Based on the crew, ZK-proofs will render sidechains out of date and permit customers to bridge their Bitcoin forwards and backwards between rollups in a near-trustless method.

The crew intends to current a stay demonstration of BitcoinOS’ capabilities on the Bitcoin 2024 convention in Nashville.