Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

2025-05-19

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

2025-05-19

Nexchain leads together with BTC Bull Token

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18
  • Analysis

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»ICP revolutionizes Bitcoin integration with Threshold-Schnorr signatures
Blockchain

ICP revolutionizes Bitcoin integration with Threshold-Schnorr signatures

2024-08-13No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Zurich – The Internet Computer Protocol (ICP) has unveiled a groundbreaking advancement in blockchain technology with the integration of threshold Schnorr signatures and on-chain Bitcoin block headers, marking a major milestone known as Deuterium. This update aims to enable developers to unlock unprecedented Bitcoin-native use cases and drive innovation within the ecosystem.

—

Bitcoin is evolving beyond its digital gold status and becoming a cornerstone of a decentralized economy. Recent figures highlight this shift: Runes and BRC20 tokens now outpace regular BTC transactions by a factor of three. With over 68 million Ordinals signups and $459 million in fees, coupled with 15 million Runes transactions, the Bitcoin network is witnessing a flurry of activity and engagement.

However, the Bitcoin network’s lack of native smart contract support has hindered developers for a long time. The Deuterium Milestone addresses this gap with two crucial features:

1. Threshold-Schnorr signing: ICP smart contracts can now perform Schnorr signatures directly, enabling features such as rune etching, ordinal inscription, handling BRC-20 tokens on Bitcoin L1, and Taproot signing transactions.

2. On-Chain Bitcoin Block Headers: Previously, ICP only supported Bitcoin’s UTXO set. The Deuterium milestone extends this to include full Bitcoin block headers, which becomes crucial as new metaprotocols increasingly interact with block headers.

Lomesh Dutta, VP Growth at the DFINITY Foundation, emphasized the importance of this progress:
“The integration of tSchnorr signatures enables ICP smart contracts to natively handle Bitcoin transactions. This breakthrough paves the way for a plethora of new applications, from DeFi lending markets to decentralized indexers. We are already seeing an impressive increase in developer engagement, which we believe will catalyze rapid development within the Bitcoin ecosystem.”

See also  SEC Chairman Gary Gensler is standing in the way of Bitcoin ETFs, says Cathie Wood of ARK Invest

Lomesh Dutta, vice president of growth at DFINITY Foundation
Here’s how ICP’s ecosystem projects are ready to leverage these advances:

Omnity Network

Threshold-Schnorr signatures will fuel Omnity’s growth, allowing the company to manage Bitcoin Taproot assets and connect to other blockchains such as Solana and Osmosis by the end of August 2024. Bitcoin Canister’s block header data will increase the ability to independently verify Bitcoin blocks, ensuring trustlessness. .

Louis Liu, Founder of Omnity Network, stated: “Our integration of Chain Key, ECDSA and Bitcoin RPC canisters has paved the way for the Deuterium milestone. With the new capabilities, including threshold Schnorr signing and Bitcoin Canister block headers, we are strengthening our infrastructure and supporting BRC20.”

Bioniq

Bioniq, with a user base of over 50,000, will use threshold Schnorr signatures for efficient cross-chain asset transfers. As the first Layer-2 solution for Bitcoin Ordinals, Bioniq aims to streamline the trading and minting of Bitcoin-based digital art and collectibles.

Bioniq CEO Bob Bodily commented: “ICP’s Bitcoin integration was exceptional. With the Deuterium milestone, we are excited about the threshold Schnorr is signing for subnet and block headers, which will improve our capabilities and user experience.”

Helix Markets

Threshold-Schnorr signatures will enable Helix to facilitate seamless trading of ICP tokens and other assets without bridging. This update also positions Helix to integrate with major crypto ecosystems, tapping into significant trading volumes and expanding its reach.

Gorazd Ocvirk, co-founder of Helix Markets, enthuses: “The Threshold Schnorr module has enabled effortless cross-chain interactions for us. Our containers can now handle Bitcoin and Solana assets as seamlessly as any other, simplifying our operations and improving security.”

See also  Blockchain platform Supra and Killer Whales launch a $100 million dApp competition

The successful integration of these features into the ICP ecosystem demonstrates the potential for secure, direct interaction with Bitcoin’s liquidity and user base. Developers looking to build Bitcoin applications can explore open bounties and join the DFINITY developer forum for more insights.

—

About the internet computer

The Internet Computer Protocol (ICP) is a decentralized cloud 3.0 network that enables the development and operation of services directly on a public blockchain with exceptional scalability. ICP’s protocol ensures tamper-proof, low-cost and energy-efficient operations and sets a new standard for decentralized networks in Web3.

Source link

Bitcoin ICP integration revolutionizes signatures ThresholdSchnorr
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

2025-05-19

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Whales that are used heavily on Bitcoin Longs – this is why this can work out counterproductive!

2025-05-19

Alchemie acquires Solana developer Dexterlab for unknown sum

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Base Network launches 8-week training for blockchain developers

2023-10-22

Bitwise CIO Says Regulatory Hurdles Are a Boon for Coinbase Amid SEC Crackdown on Crypto Firms

2024-05-07

Bitcoin for $ 88k: Standard Chartered warns of a slide of 10% – too early to buy?

2025-02-26
Editors Picks

XRP will reach $40 in 3 months, but on this condition – Analyst

2024-11-23

Kraken Begins Distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to Mt Gox’s Creditors

2024-07-23

NEO works together with FIO to increase the web3 accessibility worldwide

2025-04-30

$350,000 Bitcoin? Kiyosaki holds firm in the BlackRock ETF drama

2024-12-29

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

Nexchain leads together with BTC Bull Token

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,921.490.37%
  • ethereumEthereum(ETH)$2,498.451.34%
  • tetherTether USDt(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.37-0.76%
  • binancecoinBNB(BNB)$646.920.32%
  • solanaSolana(SOL)$165.07-2.93%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.223653-1.78%
  • cardanoCardano(ADA)$0.74-0.88%
  • tronTRON(TRX)$0.264902-0.30%
  • suiSui(SUI)$3.77-0.45%
  • chainlinkChainlink(LINK)$15.640.51%
  • avalanche-2Avalanche(AVAX)$22.23-1.20%
  • stellarStellar(XLM)$0.284950-1.29%
  • hyperliquidHyperliquid(HYPE)$26.00-0.83%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.10%
  • hedera-hashgraphHedera(HBAR)$0.191306-0.60%
  • unus-sed-leoUNUS SED LEO(LEO)$8.68-0.52%
  • bitcoin-cashBitcoin Cash(BCH)$389.09-2.82%
  • the-open-networkToncoin(TON)$3.01-3.57%
  • litecoinLitecoin(LTC)$98.61-0.14%
  • polkadotPolkadot(DOT)$4.58-2.21%
  • moneroMonero(XMR)$342.200.50%
  • bitget-tokenBitget Token(BGB)$5.16-0.17%
  • pepePepe(PEPE)$0.000013-0.75%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.72-1.14%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$5.94-0.81%
  • bittensorBittensor(TAO)$405.80-3.13%
  • aaveAave(AAVE)$236.602.34%
  • nearNEAR Protocol(NEAR)$2.74-0.58%
  • aptosAptos(APT)$5.161.23%
  • okbOKB(OKB)$52.07-1.89%
  • ondo-financeOndo(ONDO)$0.92-1.63%
  • ethereum-classicEthereum Classic(ETC)$18.380.11%
  • kaspaKaspa(KAS)$0.106367-4.59%
  • internet-computerInternet Computer(ICP)$5.22-0.07%
  • gatechain-tokenGateToken(GT)$21.38-1.25%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.86-1.47%
  • crypto-com-chainCronos(CRO)$0.095801-2.65%
  • mantleMantle(MNT)$0.73-1.34%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232936-0.91%
  • vechainVeChain(VET)$0.027917-0.59%
  • render-tokenRender(RENDER)$4.55-0.85%
  • ethenaEthena(ENA)$0.366370-2.99%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • filecoinFilecoin(FIL)$2.870.96%
  • algorandAlgorand(ALGO)$0.2210390.36%
  • arbitrumArbitrum(ARB)$0.3876870.76%
  • bitcoinBitcoin(BTC)$104,921.490.37%
  • ethereumEthereum(ETH)$2,498.451.34%
  • tetherTether USDt(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.37-0.76%
  • binancecoinBNB(BNB)$646.920.32%
  • solanaSolana(SOL)$165.07-2.93%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.223653-1.78%
  • cardanoCardano(ADA)$0.74-0.88%
  • tronTRON(TRX)$0.264902-0.30%
  • suiSui(SUI)$3.77-0.45%
  • chainlinkChainlink(LINK)$15.640.51%
  • avalanche-2Avalanche(AVAX)$22.23-1.20%
  • stellarStellar(XLM)$0.284950-1.29%
  • hyperliquidHyperliquid(HYPE)$26.00-0.83%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.10%
  • hedera-hashgraphHedera(HBAR)$0.191306-0.60%
  • unus-sed-leoUNUS SED LEO(LEO)$8.68-0.52%
  • bitcoin-cashBitcoin Cash(BCH)$389.09-2.82%
  • the-open-networkToncoin(TON)$3.01-3.57%
  • litecoinLitecoin(LTC)$98.61-0.14%
  • polkadotPolkadot(DOT)$4.58-2.21%
  • moneroMonero(XMR)$342.200.50%
  • bitget-tokenBitget Token(BGB)$5.16-0.17%
  • pepePepe(PEPE)$0.000013-0.75%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.72-1.14%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$5.94-0.81%
  • bittensorBittensor(TAO)$405.80-3.13%
  • aaveAave(AAVE)$236.602.34%
  • nearNEAR Protocol(NEAR)$2.74-0.58%
  • aptosAptos(APT)$5.161.23%
  • okbOKB(OKB)$52.07-1.89%
  • ondo-financeOndo(ONDO)$0.92-1.63%
  • ethereum-classicEthereum Classic(ETC)$18.380.11%
  • kaspaKaspa(KAS)$0.106367-4.59%
  • internet-computerInternet Computer(ICP)$5.22-0.07%
  • gatechain-tokenGateToken(GT)$21.38-1.25%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.86-1.47%
  • crypto-com-chainCronos(CRO)$0.095801-2.65%
  • mantleMantle(MNT)$0.73-1.34%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232936-0.91%
  • vechainVeChain(VET)$0.027917-0.59%
  • render-tokenRender(RENDER)$4.55-0.85%
  • ethenaEthena(ENA)$0.366370-2.99%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • filecoinFilecoin(FIL)$2.870.96%
  • algorandAlgorand(ALGO)$0.2210390.36%
  • arbitrumArbitrum(ARB)$0.3876870.76%