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Fantom crypto wallet | Importantly, Chainway is EVM-compatible, and devs can use Ethereum tooling when building with Chainway, making it easy for builders to migrate to this upcoming layer. Importantly, Lightning is not a blockchain, and there is no global state or ledger of transactions that occur on a Lightning channel. As part of that open membership network, Stacks also has its own miners and consensus mechanism. At a high level, we can group these projects into the following categories:. Additionally, Nomic offers other failsafes to protect users, such that if the bridge fails, there is an emergency disbursal process to send BTC back to users from the multisig if the signatories go offline for an extended period of time. The rollup inscribes zk proofs of state changes directly on Bitcoin, allowing anyone with a Bitcoin node to verify Chainway and retrieve the entire rollup state using only Bitcoin, increasing the decentralization of the network. ZK-proofs would offer a number of advantages to the Bitcoin ecosystem, including greater scalability on the Bitcoin chain, increased transaction privacy, trustless bridges, and more. |
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Rollup functionality, Bitcoin security Secured to Ethereum. Read more about it in. Secured by Bitcoin, natively connected. Try out our deployed demos.