Bitcoin’s (BTC) market cap is persistently in extra of fifty% of the scale of the entire crypto business, that means extra funds are held in BTC than each different digital asset mixed.
With bitcoin dominance reaching multiyear highs of over 60% throughout the present bull market, tasks constructed on different networks have been in search of methods to get a slice of the pie. Now the AI bots are giving it a go.
Synthetic intelligence-focused Ethereum layer-2 blockchain Mode is the most recent to bridge to Bitcoin in an try to entry the deep wells of liquidity held in BTC.
Mode has teamed up with rollup protocol BitcoinOS (BOS) to provide AI brokers on its community permissionless entry to Bitcoin, in response to an emailed announcement on Thursday.
BOS lately carried out the same integration with the Cardano community, activating its Grail bridge to facilitate the circulate of BTC in that ecosystem.
The Grail bridge makes use of zero-knowledge (ZK) know-how to permit belongings to be transferred between the respective networks. ZK proofs are cryptographic protocols that enable one social gathering to show a press release is true to a different with out revealing further data.
Mode is an Ethereum layer-2 constructed with Optimism’s OP Stack and goals to scale decentralized finance (DeFi) purposes by means of on-chain brokers powered by AI.
Learn Extra: Main Bitcoin Layer 2 Picks Optimism’s Purple-Scorching Superchain to Hyperlink to Ethereum
