Zeus Network has validated the first Bitcoin transaction on the Solana blockchain.
On Dec. 12, Zeus Network achieved a historic milestone by successfully validating the first Bitcoin transaction on Solana using its infrastructure. According to a release by Zeus, this development bridges the gap between two distinct blockchain ecosystems, enabling Bitcoin transactions to leverage Solana’s fast and cost-effective infrastructure.
Bitcoin (BTC) and Solana (SOL) operate on separate protocols, with Bitcoin utilizing proof-of-work and Solana combining proof-of-history with proof-of-stake. Zeus Network’s (ZEUS) infrastructure acts as a bridge, allowing Bitcoin to be tokenized and transacted on Solana without altering Bitcoin’s original protocol.
The process involved replicating Bitcoin’s blockchain on Solana using Zeus Network’s core components — the ZeusNode Operator and Zeus Program Library.
Bitcoin transactions are verified, locked, and pegged to Solana’s ecosystem, creating a pathway for Bitcoin liquidity to flow into Solana-based decentralized finance applications.
Future Zeus integrations
Zeus Network plans to expand this integration further, according to their release. Its roadmap includes onboarding 1% of Bitcoin liquidity onto Solana by mid-2025 and incorporating other UTXO-based assets like Litecoin (LTC), Dogecoin (DOGE), and Kaspa (KAS).
By that time, ZeusNode is hoping 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 its infrastructure. This initiative is expected to attract decentralized application (dApp) projects, enhancing cross-chain interoperability within the ecosystem.
Source: https://crypto.news/zeus-network-validates-first-bitcoin-transaction-on-solana/
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