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Bitfinity EVM Launches Bitcoin Layer 2 with Runes Support

May 18, 2024
in Ethereum
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The Web Pc-based Bitfinity platform introduces its Ethereum Digital Machine, facilitating sensible contract execution for Bitcoin protocols and enabling Bitcoin DeFi functions with Runes assist.

Constructed on the Web Pc protocol, Bitfinity integrates with the Bitcoin community, providing asset bridging to different blockchains. Leveraging Ethereum’s sensible contract language Solidity, builders can entry Bitcoin-based tokens, together with BTC, Ordinals, and Runes.

The Bitfinity EVM allows the deployment of Bitcoin-based Solidity sensible contracts, increasing performance for transferring belongings. As an Ethereum Digital Machine, it serves because the spine for executing sensible contracts, akin to an working system for Ethereum.

With Runes gaining traction since its launch alongside the Bitcoin halving occasion, Bitfinity goals to faucet into this momentum by enabling sensible contract capabilities, facilitating the event of Bitcoin DeFi functions. Regardless of a preliminary surge in exercise, Runes’ community charges have stabilized following the launch frenzy.

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