|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Internet Computer Explores Bitcoin Layer 2 and Ordinals' Future
May 10, 2024 at 11:10 am
On May 13th, the Internet Computer will host a live stream featuring Bitfinity Network and Bioniq to discuss the recent launch of Bitfinity as an EVM Bitcoin Layer 2 and Bioniq's plans to introduce fun to Ordinals. Built on Chain Key Cryptography, the Internet Computer is a versatile blockchain aiming to address cost fluctuations and scalability issues.
Internet Computer to Host Event Exploring EVM Bitcoin Layer 2 and the Future of Ordinals
Zurich, Switzerland – April 29, 2023 – The Internet Computer, a next-generation blockchain platform, has announced that it will host a live stream event on May 13th featuring Bitfinity Network and Bioniq. The event will focus on the recent launch of Bitfinity, an EVM Bitcoin Layer 2, and Bioniq's plans to introduce innovative features to Ordinals.
Bitfinity EVM Bitcoin Layer 2
Bitfinity is a newly launched EVM (Ethereum Virtual Machine) Layer 2 for Bitcoin. It enables developers to create and deploy smart contracts on Bitcoin, unlocking a new realm of possibilities for the Bitcoin ecosystem. By leveraging the scalability and flexibility of the Internet Computer, Bitfinity eliminates the limitations of Bitcoin's base layer while maintaining the security and decentralization of the Bitcoin blockchain.
Bioniq's Plans for Ordinals
Bioniq is a platform that provides tools and infrastructure for creating and managing Ordinals, non-fungible tokens (NFTs) inscribed on individual satoshis (the smallest units of Bitcoin). Bioniq's upcoming plans involve introducing novel features and use cases for Ordinals, including the integration of video, audio, and 3D content.
Internet Computer Overview
The Internet Computer is a groundbreaking blockchain platform developed by the DFINITY Foundation with the ambitious goal of becoming a "world computer" capable of hosting decentralized applications (dApps) at scale. It utilizes innovative Chain Key Cryptography to enhance security and scalability, providing a foundation for highly efficient and cost-effective dApp operation.
Key features of the Internet Computer include:
- Network Nervous System (NNS): An open and decentralized management system that enables community governance and infinite scalability.
- Minimal Data Storage Costs: Optimized storage mechanisms keep costs low, fostering widespread dApp adoption.
- HTTP Smart Contract Calls: Smart contracts are directly callable via HTTP requests, enhancing user experience.
- User Anonymity and Reverse Gas Model: Users remain anonymous, while developers bear the costs of computation.
- Decentralized Infrastructure: The Internet Computer's infrastructure mirrors Bitcoin's, eliminating reliance on centralized cloud nodes.
ICP Governance Token
The native token of the Internet Computer, ICP, plays a crucial role in the ecosystem. ICP staking creates "Neurons," which enable holders to participate in governance by voting on proposals and earning rewards.
Event Details
The live stream event featuring Bitfinity Network and Bioniq will be held on May 13th at 15:00 UTC. Viewers can tune in to the live stream on the Internet Computer's YouTube channel.
Additional Information
For more information about the event, please visit the Internet Computer's official website or social media channels.
Media Contact
Internet Computer Foundation
media@dfinity.org
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Fantom (FTM) Soaring in Defi, While Sui and RebelSatoshi Navigate Market Turbulence
- May 18, 2024 at 09:39 pm
- Fantom (FTM): Climbing the Defi Ladder in Q2024 Amidst the market's recent turbulence, Fantom (FTM) has emerged as a beacon of hope for Defi enthusias
-
- BNB, Kaspa Show Positive Market Signals; BlockDAG Soars as Promising Crypto Investment
- May 18, 2024 at 09:31 pm
- Positive Market Signs Emerge for BNB and Kaspa; BlockDAG Celebrated as a Promising Crypto Investment After a protracted period of market decline, Bina
-
- Rays Steal Victory from Red Sox in Comeback Thriller
- May 18, 2024 at 03:43 pm
- In a gripping clash between American League East rivals, the Tampa Bay Rays staged a remarkable comeback to snatch victory from the Boston Red Sox, em
-
- WienerAI: The AI-Powered Meme Coin Gearing Up to Mirror Dogecoin's Success
- May 18, 2024 at 03:41 pm
- WienerAI: The Ascendant Meme Coin Poised to Emulate Dogecoin The meteoric rise of meme coins has continued unabated, with Floki and Pepe posting doubl
-
- Origin Protocol Shakes Up DeFi and NFT Landscape with Accessibility and Innovation
- May 18, 2024 at 03:38 pm
- Origin Protocol: Revolutionizing DeFi and NFT Accessibility Origin Protocol has established itself as a cornerstone of decentralized finance (DeFi) an
-
- MakerDAO Debuts Dual Stablecoin Solution with PureDAI and NewStable
- May 18, 2024 at 03:38 pm
- MakerDAO Unveils Dual Stablecoin Strategy, Introducing PureDAI and NewStable In a pivotal move that seeks to reshape the landscape of decentralized fi
-
- BNB Soars Amidst Market Volatility, Rollblock and Solana Catapulting in Anticipation of Altcoin Season
- May 18, 2024 at 03:36 pm
- Binance Coin (BNB) Surges Amid Market Uncertainty, While Crypto Whales Eye Rollblock and Solana In the midst of ongoing market volatility, Binance Coi
-
- Runes Slumps, Algotech Soars in Contrasting Crypto Market
- May 18, 2024 at 03:35 pm
- Runes and Algotech: A Tale of Contrasting Fortunes in the Crypto Market The cryptocurrency market remains a volatile landscape, with recent fluctuatio
-
- Bitcoin Soars to New Heights as Positive Sentiment and ETF Inflows Surge
- May 18, 2024 at 03:32 pm
- Bitcoin Price Soars Amidst Positive Sentiment and ETF Inflows The Bitcoin price has maintained its upward trajectory, briefly surpassing the $67,000 m