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Decentralized blockchain network Internet Computer Protocol has successfully implemented threshold-Schnorr signatures to harness the potential of Bitcoin-based decentralized finance and web3., the new cryptographic signature scheme will enable ICP smart contracts to etch the Bitcoin token standard, Runes, and trade BRC-20 tokens.
After the next Bitcoin halving, mining will become less profitable as block rewards will be cut in half. Miners will have to rely on more transaction fees to stay afloat. Introducing innovative applications on Bitcoin will increase the value of blockspaces, resulting in more fees.
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ICP Unveils Game-Changing Integration to Transform Bitcoin into Layer ZeroThe Internet Computer Protocol (ICP) has introduced threshold-Schnorr signatures, a significant update poised to position ICP as the foundational layer zero.
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Dfinity launches Web3 accelerator platform on the Internet ComputerThe Dfinity Foundation, a not-for-profit organization based in Switzerland and major contributor to the Internet Computer blockchain, announced the launch of the Olympus Acceleration Platform.
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Internet Computer users pledge $80M to decentralize its project ecosystemThe ICP community has committed more than 6.5 million tokens to decentralization efforts for the ecosystem.
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