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A new development has emerged in the Bitcoin ecosystem. An independent public chain project has adopted an EVM-compatible solution, introducing Ethereum smart contract capabilities while maintaining Bitcoin's security. It sounds quite interesting.
The core selling point of such projects is "native decentralization," in other words, abandoning the old approach of centralized custody and asset wrapping. Achieving lossless cross-chain transfer of BTC through this approach indeed avoids many troubles compared to some bridging solutions.
From a technical perspective, it's also worth noting. Compatibility with EVM means Solidity developers can migrate seamlessly, deploy applications quickly, and lower the barriers to ecosystem development. For teams looking to build in the Bitcoin ecosystem but not wanting to relearn a new programming language, this is clearly a good option.
From the perspective of Layer 1 independent public chains, these solutions are trying to address how to protect Bitcoin itself while also leveraging the maturity of Ethereum's DeFi ecosystem. How this track will evolve in the future depends on the actual implementation and application.