The Dfinity Foundation, which is behind the Internet Computer blockchain, announced on Tuesday that it will be integrating with Bitcoin, opening up the cryptocurrency to smart contracts, and decentralized finance DeFi applications on its network by the end of the year.
“Internet Computer smart contracts will gain access to Bitcoin liquidity, and Bitcoin will gain powerful new smart contract functionality, without the need for insecure and cumbersome trusted bridging services,” said Dfinity founder Dominic Williams, in a statement accompanying the announcement.
A DeFi ecosystem for Bitcoin is a major industry initiative. It would mean the world’s most popular cryptocurrency could be used for lending, yield farming, derivatives, liquidity pools, and more—just like the current industry leader, Ethereum.
The Internet Computer is designed to act as an alternative to the cloud-based infrastructure of today’s worldwide web, and was launched in May, having been in development s
Źródło: https://decrypt.co/81545/dfinity-launch-bitcoin-smart-contracts-internet-computer
