The ZKBTC bridge from Lightec goes live on MAINNET and marks a new phase for Bitcoin when it enters the era of the cross-chain liquidity.
The ZKBTC Bridge has been officially launched on Mainstet, so that an important milestone for the Lightec team is marked after more than two years of development. The announcement follows the successful conclusion of the test network phase, which ended on July 1. In which users can earn points by participating in TestNet interactions. The test network, in turn, built on earlier community tests, including the Beta V3 “Odyssey” campaign launched last year, in which users have earned ZKBTC points convertible in Airdrops.
Now live, the ZKBTC bridge Bitcoin (BTC) enables holders to unlock Defi yields by bridging BTC to Ethereum (ETH) safely and without intermediaries.
Moreover, the team has announced that the Zenkeeper is currently developing, a new protocol that eliminates off-chain verification in BTC-Active issue with the help of zero knowledge certificates. Work also continues on OPKP, a Bitcoin-Native Layer 2 protocol that uses ZKPs and the Op_ZKP Copcode to stimulate scalability and security in the ecosystem.
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The ZKBTC bridge is the first fully zero-knowledge proof-based bridge between Bitcoin and Ethereum. This allows users to deposit BTC into a ZKP-managed address. Once confirmed on the Bitcoin network, an off-chain certificate is generated and verified by an Ethereum Smart contract, which then ZKBTC, a 1: 1 Bitcoin-Pegged ERC-20 token pepperminth. The same process works reversed for repayments, so that users can convert ZKBTC back to BTC at any time.
Source: ZKBTC Bridge Interface | apps.zkbtc.Moneyy
Built to be fully decentralized and safe, the bridge trusts trusted multisig custody, minimal costs and a user -friendly interface. It integrates with Defi protocols and is supported by partnerships in leading crypto infrastructure providers.
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