Login
Access to full transaction data on all transactions & addresses
Broadcast and verify transactions with real-time monitoring
Retrieve blockchain data, balances, and transactions
Detailed blockchain history and transaction data for any address.
Full smart contracts metadata, including token symbols & token names
Dedicated nodes infrastructure for leading blockchains using JSON-RPC
Address validation, encoding & cryptographic tasks optimizations
Shared node infrastructure for top blockchains using JSON-RPC.
Real-time notifications for events on top blockchains. Response under 100ms.
Precise blockchain transaction fee estimates based on transaction priority
Sync and manage HD wallets, keys and addresses
Prepare EVM transactions, including token transfers
Access to full transaction data on all transactions & addresses
Get access to unified market data using REST APIs from top crypto exchanges.
Test EVM transactions, optimize gas fees and identify security flaws
Aug 8, 2024 • 2 min
BitcoinOS (BOS), a protocol designed to improve Bitcoin rollups, has achieved a major milestone by verifying the first zero-knowledge (ZK) proof on the Bitcoin mainnet. This significant achievement occurred in the last days of July 2024 and marks a new chapter for the Bitcoin network, enabling it to support decentralized applications (dApps) more effectively.
This breakthrough allows the Bitcoin mainnet to perform more complex operations and scale more efficiently without needing any changes to its fundamental structure. This shift could transform Bitcoin from being viewed merely as digital gold into an operating system that can allow running a variety of decentralized applications. This gives Bitcoin a competitive edge, helping it to rival networks like Ethereum and Solana, which are already popular for dApp development.
The success of BitcoinOS comes from the BOS ZK Succinct Non-interactive Argument of Knowledge (zk-SNARK) called BitSNARK. BitSNARK technology allows developers to build nearly trustless bridges for moving Bitcoin between the mainnet and layer-2 rollups. This means that Bitcoin can now handle private transactions and smart contracts much more efficiently.
The verification of ZK-proofs on the Bitcoin mainnet is just the first step toward making Bitcoin function as an operating system. The developers of this technology believe that the Bitcoin mainnet will soon be able to support various decentralized services, including Decentralized Autonomous Organizations (DAOs) and Decentralized Finance (DeFi).
In the past, upgrading the Bitcoin network required complicated changes through soft forks and consensus adjustments, which were often challenging. However, with this new development, new features can be added to the Bitcoin network in a permissionless manner, turning previous weaknesses of the protocol into its strengths.
The successful ZK-proof verification on the Bitcoin mainnet is a significant step toward creating a more versatile and powerful Bitcoin ecosystem. As Bitcoin begins to function more like an operating system, it will support a broader range of decentralized services, making it a more attractive platform for developers and users.
This BOS milestone follows another significant achievement by StarkWare, who recently verified a ZK-proof on the Bitcoin testnet, Signet. This accomplishment, the result of three months of research and development, showcasing the introduction of a new STARK verifier on the network. This advancement opens up the way for ZK-based layer-2 solutions, aimed at enhancing Bitcoin’s scalability and expanding its global payment capabilities.
The innovations brought by BitcoinOS will introduce new opportunities for Decentralized Finance (DeFi) and Decentralized Autonomous Organizations (DAOs), providing software developers with diverse options to create their dApps using the Bitcoin protocol. At Crypto APIs, we anticipate growing demand and a potential shift of developers from other networks such as Ethereum and Solana to Bitcoin.
Whether you choose to build your project on Bitcoin or any other blockchain protocol, you can get started by setting up your account and selecting the services you require through our customer dashboard. If you have specific needs, our team is available to discuss your requirements and help you make the most of these exciting new Bitcoin protocol upgrades.
Start building your project now with Crypto APIs' best-in-class Dedicated Nodes, or save development time and effort by using our exceptional Shared Nodes service to achieve your goals more quickly and efficiently.
Copy link