Bitcoin’s (BTC) market cap is continuously in far more than 50% of the scale of the overall crypto swap, that far more funds are held in BTC than every other digital asset mixed.
With bitcoin dominance reaching multiyear highs of over 60% all over the sleek bull market, initiatives built on other networks were procuring for ways to procure a slice of the pie. Now the AI bots are giving it a plod.
Synthetic intelligence-centered Ethereum layer-2 blockchain Mode is the most fresh to bridge to Bitcoin in an strive to entry the deep wells of liquidity held in BTC.
Mode has teamed up with rollup protocol BitcoinOS (BOS) to provide AI brokers on its community permissionless entry to Bitcoin, consistent with an emailed announcement on Thursday.
BOS these days carried out a the same integration with the Cardano community, activating its Grail bridge to facilitate the circulate of BTC in that ecosystem.
The Grail bridge uses zero-knowledge (ZK) technology to allow resources to be transferred between the respective networks. ZK proofs are cryptographic protocols that allow one birthday party to level an announcement is correct to one other with out revealing extra knowledge.
Mode is an Ethereum layer-2 built with Optimism’s OP Stack and aims to scale decentralized finance (DeFi) applications thru on-chain brokers powered by AI.
Learn More: Main Bitcoin Layer 2 Picks Optimism’s Crimson-Hot Superchain to Hyperlink to Ethereum
