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Bitlayer Partners with Bitcoin Mining Pools Covering 40% Hashrate
Bitlayer has partnered with major Bitcoin mining pools, representing nearly 40% of the network’s hashrate, to work toward the first real-world implementation of BitVM.
Bitlayer’s BitVM Bridge stands as a transformative innovation in Bitcoin bridging technology, meticulously developed by Bitlayer and underpinned by the advanced BitVM paradigm. Currently, the challenge path for BitVM bridges requires NSTs, which is acceptable for Bitcoin consensus but unacceptable for the default Bitcoin Core client.