Boundless, backed by RISC Zero, has launched a system enabling Bitcoin-based verification for zero-knowledge (ZK) proofs on Ethereum and Base. This innovation positions Bitcoin as a secure settlement hub, enhancing its role in the competitive Layer 1 landscape. The system utilizes BitVM and Citrea technologies without altering Bitcoin's protocol, offering a seamless cross-chain interaction.
Shiv Shankar, CEO of Boundless, emphasized the growing interest in Bitcoin's verification capabilities without changing its consensus. This development could increase Bitcoin's utility and influence market dynamics, potentially impacting investments in cross-chain technologies and native tokens. The initiative may also strengthen Bitcoin's foundational role in the blockchain industry, offering scalable verification solutions for developers.
Boundless Introduces Bitcoin Verification for Ethereum ZK Proofs
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