Bitlayer announced the launch of the Finality Bridge testnet, a new generation of BTC bridges utilizing BitVM technology.
Evolution of BTC Bridges
BTC bridges have evolved from centralized custody models to decentralized systems, with the latest advancements involving BitVM to enhance security and decentralization by minimizing reliance on external actors.
Key Features of Finality Bridge
Finality Bridge offers trust minimization, built-in yield markets, and allows integration of your Yield BTC across various blockchain environments like Bitlayer and Ethereum, using BitVM to ensure security and efficiency.
Future of Finality Bridge
With its architecture, Finality Bridge is set to become a universal solution for integrating Bitcoin into decentralized ecosystems. Bitlayer will continue to develop new features to fully exploit BTCFi.
Finality Bridge ushers in a new chapter in BTCFi, ensuring secure and efficient integration of Bitcoin with DeFi.
