Zeus Network has achieved a significant milestone by validating the first Bitcoin transaction on the Solana blockchain. This groundbreaking achievement took place on Dec. 12, marking a historic moment in the world of blockchain technology.
Through its infrastructure, Zeus Network successfully bridged the gap between the Bitcoin and Solana ecosystems, allowing Bitcoin transactions to leverage Solana’s fast and cost-effective infrastructure. This development opens up new possibilities for cross-chain transactions and interoperability between different blockchain networks.
Bitcoin and Solana operate on different protocols, with Bitcoin relying on proof-of-work and Solana combining proof-of-history with proof-of-stake. Zeus Network’s infrastructure serves as a bridge between these two ecosystems, enabling Bitcoin to be tokenized and transacted on Solana without compromising Bitcoin’s original protocol.
BREAKING: @solana can now validate Bitcoin transaction!
Here’s what happened 🧵 👇🏻 pic.twitter.com/jykyZQmpyF
— Zeus Network 🟧⛈️🟣 (EPOCH 1) (@ZeusNetworkHQ) December 12, 2024
The process of validating the Bitcoin transaction on Solana involved leveraging Zeus Network’s core components, the ZeusNode Operator, and Zeus Program Library. This allowed for the replication of Bitcoin’s blockchain on Solana, creating a seamless pathway for Bitcoin liquidity to flow into Solana-based decentralized finance applications.
Looking ahead, Zeus Network plans to further expand this integration by onboarding a significant portion of Bitcoin liquidity onto Solana by mid-2025. The network also aims to incorporate other UTXO-based assets such as Litecoin, Dogecoin, and Kaspa. By mid-2025, ZeusNode is projected to manage approximately 2,250 BTC.
In addition, Zeus Network intends to open-source the Zeus Program Library in early 2025, encouraging developers to build applications on its infrastructure. This move is expected to attract decentralized application (dApp) projects and enhance cross-chain interoperability within the ecosystem.
Stay tuned for more updates on Zeus Network’s innovative developments and advancements in the blockchain space.