BitcoinOS verifies the first ZK proof in Bitcoin history

On Tuesday, builders of BitcoinOS (BOS) made blockchain historical past by efficiently verifying the primary zero-knowledge proof (ZKP) on the Bitcoin essential chain.

This milestone opens the door to a very minimal Bitcoin Layer 2 rollup system, offering Bitcoin with limitless scalability and performance with out requiring modifications to its underlying consensus code.

Bitcoin Now Has ZK Proofs

In response to the BitcoinOS crew, the ultimate verification of its first ZK proof occurred in Block 853626.

Cryptographical proofs enable them to efficiently simulate an on-chain contract—a conditional Bitcoin cost that builders as soon as believed would require a base layer mushy fork to execute.

Particularly, the crew proved They’ll create a UTXO managed by a ZK good contract after which transfer the UTXO after offering the right proof. Nobody particular person or coalition controls these funds – solely a wise contract.

BitcoinOS core contributor Edan Yago mentioned: “This marks the primary permissionless improve of the Bitcoin system, eliminating the dependence on mushy forks and enhancing Bitcoin’s means to develop and innovate.” “It successfully builds Bitcoin for builders Cash open the door to true decentralization.”

Not like current layer 2 (L2) options that require belief in a centralized entity, BitcoinOS might be a Bitcoin aggregation system that requires an absolute minimal of belief.

The L2 system ensures decentralization by using a dynamic set of operators to confirm bridge transactions between Bitcoin L1 and L2. This method enhances safety in opposition to potential threats, together with these from coalitions of nation-states, with robust cryptographic ensures.

Unify all cryptocurrencies onto Bitcoin

Bitcoin operating system Designed to unify the safety of Bitcoin with the flexibility of L2 Rollup, it has the potential to draw the $1.1 trillion altcoin ecosystem again to Bitcoin. Its modular structure allows seamless interoperability between aggregations, simplifying asset switch and enhancing person expertise throughout your complete community.

“With the launch of BitcoinOS, Bitcoin is reaching parity with all different techniques,” Yago instructed us crypto potatoreferring to its means to undertake Solana-level extensions and performance by aggregation.

The contributor posits that as cryptocurrencies mature, cryptocurrencies as an entire might want to transfer from an period of “fragmentation” to an period of “consolidation,” simply as different progressive industries have completed over time.

Resulting from its scale, community impact, safety and model, Yago believes Bitcoin will develop into the community the place all cryptocurrencies come collectively, particularly now that it may possibly obtain the identical performance as its opponents.

“If the previous fifteen years have been fragmented, the subsequent ten or fifteen years might be consolidation,” he mentioned. “It seems that Bitcoin will in the end be the largest winner.”