
Ed n'Stuff
@EdnStuff • 8,816 subscribers
Truth seeker, gamer, guitar player, health nut. #Cardano $ADA community member since 2018. Occasionally funny.
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The founder of #Cardano $ADA Charles Hoskinson on #BitcoinDeFi "when our team started, a proof on Bitcoin was 40GB, now 28.1MB. It used to take 354s to validate a Bitcoin DeFi proof, now 0.149s. It used to cost $14,000 to validate that transaction, now $37." 👇 What used to take 40 GB of data, 6 minutes, and cost over $14,000 to process now takes under 30 MB, less than a second, and costs about $37 — and they already proved it works on Bitcoin’s main network. In plain English: Bitcoin holders will soon be able to put their BTC to work (earn yield, lend, etc.) on #Cardano without handing it over to a middleman or wrapped-token service. The Bitcoin stays locked safely on the Bitcoin network itself. This is one of the clearest signs yet that real, usable #Bitcoin #DeFi is getting closer. This isn't possible elsewhere. Bullish for $ADA. 🔥
Ed n'Stuff38,518 просмотров • 1 месяц назад

So #Cardano and #Bitcoin will be tightly integrating into one large UTXO ecosystem via BOS as Yago details via a trustless integration using ZK tech. Allowing $BTC to remain as it is, but use the full power of $ADA, which will tap directly into $BTC liquidity! Huge! 🚀
Ed n' Stuff67,662 просмотров • 1 год назад
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