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Home»Blockchain»Zeus Network validates the first Bitcoin transaction on Solana
Blockchain

Zeus Network validates the first Bitcoin transaction on Solana

2024-12-14No Comments2 Mins Read
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Zeus Network has validated the first Bitcoin transaction on the Solana blockchain.

On December 12, Zeus Network achieved a historic milestone by successfully validating the first Bitcoin transaction on Solana using its infrastructure. According to a release from Zeus, this development bridges the gap between two separate blockchain ecosystems, allowing Bitcoin transactions to leverage Solana’s fast and cost-effective infrastructure.

Bitcoin (BTC) and Solana (SOL) operate on separate protocols, with Bitcoin using proof-of-work and Solana combining proof-of-history with proof-of-stake. The Zeus Network (ZEUS) infrastructure acts as a bridge, allowing Bitcoin to be tokenized and traded on Solana without changing Bitcoin’s native protocol.

BREAKING: @solana can now validate Bitcoin transactions!

This is what happened 🧵 👇🏻 pic.twitter.com/jykyZQmpyF

— Zeus Network 🟧⛈️🟣 (EPOCH 1) (@ZeusNetworkHQ) December 12, 2024

The process involved replicating Bitcoin’s blockchain on Solana using Zeus Network’s core components: the ZeusNode Operator and the Zeus Program Library.

Bitcoin transactions are verified, locked, and linked to Solana’s ecosystem, creating a path for Bitcoin liquidity to flow into Solana-based decentralized finance applications.

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Future Zeus integrations

According to their release, Zeus Network plans to expand this integration further. The roadmap includes onboarding 1% of Bitcoin liquidity into Solana by mid-2025 and integrating other UTXO-based assets such as Litecoin (LTC), Dogecoin (DOGE), and Kaspa (KAS).

By then, ZeusNode hopes to manage approximately 2,250 BTC.

Additionally, the network plans to open source the Zeus Program Library in early 2025, encouraging developers to build applications on the infrastructure. This initiative is expected to attract decentralized application (dApp) projects, improving interoperability between the chains within the ecosystem.

See also  Ghana introduces on blockchain-based gold tracking to combat illegal exports

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Bitcoin Network Solana Transaction Validates Zeus
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