BitcoinOS: A New Platform Aimed at Bringing Bitcoin to Decentralised Finance

Blockchain developers on Thursday unveiled a new platform called BitcoinOS, which aims to bring Bitcoin into the decentralised finance (DeFi) space. BitcoinOS is a "public good" that uses "sovryn rollups" to create a foundation layer for decentralised applications (dapps) on Bitcoin. BitcoinOS is a "public good" that uses "sovryn rollups" to create a foundation layer for decentralised applications (dapps) on Bitcoin. Any developer can contribute and build new tools in their favourite programming language. Although Bitcoin's main chain is very secure, it is slow compared to other blockchains and very expensive during periods of high activity. In addition, its limited programming languages have long left it lacking a true decentralised transaction scaling solution. In contrast, BitcoinOS says it has everything a developer would expect from a scaling solution, with minimal trade-offs: scalability, programmability, interoperability, and a near-trustless security model. In addition, the framework's built-in fraud system "allows even an honest participant to block fraudulent transactions," according to a Thursday press release from DeFi project Sovryn.