Arbitrum pushes an integration of Ethereum-to-bitcoin in association with bitcoinos

The referee, a layer 2 scale solution for ethereum, recently revealed the integration of its flagc arbitration in bitcoin.

The fusion became possible thanks to Bitcoinos (BOS): an operating system of scalable intelligent contract designed to improve bitcoin's functionality by allowing developers to build interoperable rolllups, DAPPS and DAO directly on the bitcoin network.

Innovative integration

Following the initiative, arbitra will provide a robust scale solution that fusion of the best of both leading networks. In addition, it will allow additional options for bitcoin headlines to interact with ethereum based on the bitcoin native scale solutions.

Bos will allow a safe way to unite btc for referee one. By taking advantage of Bitsnark and the Bos Grail bridge, btc transfers will not be custodial and significantly reduce the risk of counterpart compared to existing market solutions.

Arbitum One will also improve scalability and liquidity by combining bitcoin's strong security with the Defi, DAPP and Smart of ethereum contracts. This integration is expected to increase even more the total value of arbitra of a blocked one (TVL), while creating new opportunities for developers to build products based on innovative bitcoin.

As a leading solution of ethereum L2 scale, the referee has drawn the main protocols and offered a key
Alternative for users as they continue to migrate from L1. Integration with BOS will allow you to bring these same scalability benefits to bitcoin along with the programability that lacks its base layer.

Despite being considered as the safer block chain, bitcoin lacks smart contract capabilities, preventing its $ 2T liquidity from being used in Defi and DAPPS, which ethereum was a pioneer. To close this gap, bitcoin headlines have resorted to bitcoin wrapped (WBTC), with more than 129,000 btc ($ 12.9b) to ethereum's defi ecosystem, despite concerns about centralization risks.

“ARB is a pioneer in a paradigm shift”

A person who commented on the aforementioned initiative was Nina Rong, director of Associations in Arbitra
Base. She believes that the integration of Bitcoinos with the referee demonstrates how technology can support the innovative expansion of the Bitcoins ecosystem.

“This collaboration shows the referee's ability to allow bridges and confidence programmability for bitcoin while maintaining the main security principles of the network. We are excited to see that Bitcoinos takes advantage of our network to unlock the huge bitcoin liquidity group of $ 2 billion for defi applications and intelligent contracts, ”he added.

Edan Yago, central collaborator of Bitcoinos, also gave his two cents. He affirmed that Bos has unlocked ZK's key technology that “allows bitcoin to speak with other ecosystems”, which allows each chain and developer to join and build
Together on the network.

“With this integration, the referee is a pioneer in a paradigm shift that ends competition and fragmentation between the two largest block chains, joining the ecosystems of bitcoin and ethereum in a major and complementary whole,” he concluded.

<!– ai CONTENT END 1 –>