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On January 12, COINOTAG reported that Fractal Bitcoin, a prominent Bitcoin scaling initiative, has endorsed Goldinals, marking it as Bitcoin’s inaugural unified asset protocol. This endorsement is hailed as a crucial advancement towards the standardization of Bitcoin assets. Goldinals, created by Nubit—a key player in the Bitcoin ecosystem—and conceptualized by BRC20 founder Domo, offers backward compatibility with existing Bitcoin asset protocols, including BRC-20, Ordinals, and Runes. Its goal is to enhance the liquidity, transparency, and programmability of Bitcoin assets.
Fractal Bitcoin elaborated in a recent blog post on how Goldinals utilizes zero-knowledge proofs (ZKP) and BitVM technology to resolve challenges related to transparency and scalability within the Bitcoin sphere. This innovative approach is expected to unlock new possibilities for developers and users alike. Moreover, the Goldinals mainnet aims to provide tools for developers to effectively harness the attributes of Fractal Bitcoin’s ecosystem.
The launch of the Goldinals whitepaper has generated significant interest, attracting collaboration from numerous elite Bitcoin development teams, including Babylon, Lombard, Yala, Succinct, StarkWare, and others. For additional insights, refer to the full blog post from Fractal Bitcoin and access the Goldinals whitepaper for comprehensive details.
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