Layerzero protocol developed to communicate between different networks in the crypto currency world, Bitcoin $97,291.55 He plans to make his first integration with his network. This step aims to strengthen the technological infrastructure and ensure that digital assets are used more efficiently.
Bitcoin and smart contract capabilities
Rootstock aims to eliminate the isolation of Bitcoin’s lack of local smart contract support. Contrary to the limited functionality offered by Bitcoin, the protocol is working to improve the infrastructure that will provide smart contract opportunities in other networks. This development will allow the use of crypto assets in a wider range and to make value transfers more effectively.
Although Bitcoin stands out in terms of market value and liquidity, it is experiencing problems with other systems because it lacks basic technological features (Taproot does not fully provide this), such as smart contracts. For this reason, developers sought new methods to access Bitcoin liquidity, which contains great potential.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Technological development
The connection between Layerzero and Rootstock has enabled developers to create applications on the Bitcoin side network, for example Ethereum, for example Ethereum $2,741.39 And it will allow him to interact with Solana.
Rootstock: “Layerzero integration will make it possible for the applications to be developed on the Bitcoin side network to communicate with other networks.”
With the implementation of this integration, it is envisaged to eliminate Bitcoin’s technological deficiencies and to provide new functionality in the ecosystem of digital existence. Developers aim to reach wider application areas thanks to the infrastructure that will enable Multi Chain interaction.
Closely monitoring technological developments in the crypto world can contribute to the market from different angles by increasing the efficiency of applications. This integration step seems to be important in terms of evaluating the potential to expand the use of digital assets.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.