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Weekly #11
2024 - Week 44
Happy Friday, everyone. This is special week for all of us in the industry, as Satoshi's whitepaper was published 16 years ago. It has not only contributed to Bitcoin's rise but has also established the foundation for a vast ecosystem of cryptocurrencies and blockchain-based applications.
Let's keep building and learning as the future of Bitcoin grows more exciting every day!
Happy reading!
On October 31, 2008, Satoshi Nakamoto published the Bitcoin whitepaper, a pivotal moment that sparked the digital currency revolution and laid the foundation for today’s blockchain ecosystem. We humbly recognize and honor this moment in our ecosystem’s history.
The Whitepaper
history.com
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Satoshi Nakamoto publishes a paper introducing Bitcoin in October 31 2008
On October 31, 2008, Satoshi Nakamoto, the mysterious and anonymous inventor of Bitcoin, released the Bitcoin white paper, introducing the cryptocurrency—and how it could be used—to the world. By design, only 21 million Bitcoins will ever be “mined,” or released into the market. Titled “Bitcoin: A Peer‑to‑Peer Electronic Cash System”
BitLayer announces integration with Chainlink CCIP, providing canonical cross-chain infrastructure for seamless interoperability. This upgrade aims to enhance cross-chain capabilities, securely connecting various blockchain ecosystems.
medium.com/@Bitlayer
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BitVMX off-chain communication system: Protocol Implementation and Practical Applications
We’re excited to announce our upcoming integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) on Bitlayer as our canonical cross-chain infrastructure. The integration will enable Bitlayer developers to build feature-rich cross-chain applications to help increase the reach of decentralized finance on Bitcoin (BTCFi).
Fiamma integrates with Babylon Devnet, enhancing Bitcoin's potential for secure DeFi applications. This integration allows Bitcoin to interact with other chains, expanding its use cases in decentralized finance.
medium.com/@Fiamma.io
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Unlocking Bitcoin’s Full Potential, Trustlessly: Fiamma First to Integrate with Babylon Devnet, Euphrates
We are excited to announce that Fiamma has become one of the first networks to integrate with Babylon’s devnet, Euphrates. This marks another step toward fully unlocking the potential of 21 million Bitcoin. While Babylon focuses on unlocking Bitcoin’s crypto-economic security, Fiamma is dedicated to unleashing Bitcoin’s network security through BitVM2.
Zulu Network explores Bitcoin-native yield generation, challenging Bitcoin’s passive store-of-value model. This vision aims to evolve Bitcoin’s role through yield-bearing strategies, creating active financial opportunities within its ecosystem.
medium.com/@zulu_network
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Zulu Vision | The Bitcoin Native Yield Paradox: Evolving Beyond a Passive Store of Value 💎
In the realm of cryptocurrency, Bitcoin has undoubtedly solidified its position as the gold standard — a trusted store of value that has transformed how we think about money, transactions, and, ultimately, our investments. As we move forward in the digital age, however, a paradox emerges: while Bitcoin’s deflationary nature encourages hoarding and passive ownership, there’s a growing desire among investors to make these assets work harder for them.
BOB latest article introduces Hybrid L2, a novel approach combining rollups and state channels to enhance scalability and efficiency for Bitcoin Layer 2. This model promises improved transaction throughput and reduced costs.
gobob.xyz/blog
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The Hybrid L2 Paper
Today, we are excited to release the BOB Hybrid L2 vision paper. After years of working on Bitcoin scaling and DeFi, we’ve seen what’s needed to finally position Bitcoin as the backbone of decentralized finance. Pragmatism, open-mindedness and the willingness to innovate.
That’s why we’re building BOB, the Hybrid L2 —a new paradigm combining Bitcoin’s security with Ethereum’s DeFi innovation, positioning Bitcoin as the backbone of the DeFi ecosystem.
Thanks for your support an interest through another edition of Fairgate Weekly!