Bitlayer collaborates with Antpool, F2Pool, and SpiderPool to enhance Bitcoin DeFi

Gate News bot message, the Bitcoin Layer 2 project Bitlayer, built on the BitVM paradigm, has collaborated with three major Bitcoin mining pools: Antpool, F2Pool, and SpiderPool, to accelerate the practical application of BitVM, which is a technology focused on achieving Bitcoin native Decentralized Finance.

These three Mining Pools account for over 36% of the total Bitcoin hash rate, and they have agreed to support Non-Standard Transactions (NST), which is a key part of the BitVM challenge-response mechanism. Their support eliminates a critical bottleneck in the deployment of BitVM, thus advancing the widespread application of the system.

In this partnership, Antpool, F2Pool, and SpiderPool will become the guardians of BitVM Bridge, ensuring that NST is reliably included in blocks and becomes part of the immutable Bitcoin ledger.

Source: CoinDesk