ICP Unveils Game-Changing Integration to Transform Bitcoin into Layer Zero
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The Internet Computer Protocol (ICP) has introduced threshold-Schnorr signatures, a significant update poised to position ICP as the foundational layer zero for Bitcoin. This development enhances ICP's smart contracts, enabling functionalities like etching Runes and transferring BRC-20 tokens, thereby enriching the Bitcoin-based DeFi and Web3 landscape. Expected to be fully operational this summer, this advancement could redefine how smart contracts interact with the Bitcoin network, fostering a more decentralized environment suitable for sophisticated applications such as Bitcoin inscriptions and decentralized exchanges.