Learn more about crypto with this collection
Understanding the basics of cryptocurrency
How to store cryptocurrency securely
Risks and benefits of investing in cryptocurrency
Bridging with Bitcoin
But Dfinity is not the only project working to integrate Bitcoin. Bridging technologies are the most popular method of doing so up to now.
DeFi project Portal , is also looking to build out a DeFi ecosystem for Bitcoin. On Tuesday it announced an $8.5 million raise, with Coinbase Ventures and ArringtonXRP Capital participating in the funding round.
“We're excited to see Portal's Bitcoin-native approach to multichain transfers go live and provide an alternative bridging mechanism to the growing number of active on-chain users,” Michael Arrington, founder of ArringtonXRP and TechCrunch, stated.
3
7 reads
MORE IDEAS ON THIS
In November, Bitcoin is due for its first big upgrade in several years. Dubbed, Taproot , the changes will make it easier for smart contracts to be created on the protocol
Bitcoin fan Jack Dorse...
3
5 reads
In brief
- The Internet Computer will host Bitcoin smart contracts by the end of the year.
- Smart contracts will enable lending, yield farming, derivatives, and other DeFi applications for Bitcoin.
“Internet Computer smart contracts will gain access to Bitcoin liquidity, and...
4
24 reads
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates