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The Bitcoin ecosystem has long faced technological bottlenecks, limiting its development in the Decentralized Finance ( DeFi ) field. However, an emerging project is breaking this limitation through innovative technology, bringing new DeFi functionalities to Bitcoin.
The project has launched two core technologies: a cross-chain bridging solution based on a challenge verification mechanism, and a high-performance Bitcoin scaling network. The former provides a secure and transparent solution for cross-chain fund flows and has been deployed on the mainnet; the latter is a Bitcoin Layer 2 network compatible with the Ethereum Virtual Machine (EVM), featuring millisecond-level latency, supporting real-time transactions and smart contract deployments.
In terms of ecosystem building, the project has established partnerships with several well-known public chains and mining pools, including blockchain platforms such as Sui, Base, Arbitrum, and Cardano, as well as large mining pools like Antpool, F2Pool, and SpiderPool. These collaborations not only ensure the project's advantages in cross-chain liquidity but also provide it with strong computing power support.
It is worth noting that the project has completed a $25 million institutional financing round, with investors including well-known venture capital firms such as Polychain Capital, Franklin Templeton(, and Framework Ventures. Currently, the project is collaborating with the Binance wallet to launch the second phase of incentive activities, encouraging users to participate and have the opportunity to earn project tokens.
The emergence of this innovative project not only brings new possibilities to the Bitcoin ecosystem but also demonstrates the potential of blockchain technology to continuously break its own limitations and expand application scenarios. With more such projects emerging, we can expect the Bitcoin network to gradually integrate into a broader blockchain ecosystem while maintaining its core value proposition.