Chainlink, a leading provider of real-world data, has made its first foray into Bitcoin by integrating with the Spiderchain layer-2 network. This development marks a significant step in aligning Bitcoin with functionalities commonly found on other major blockchains.
Spiderchain’s developer, Botanix Labs, has joined the Chainlink Scale program, granting them access to Chainlink’s oracle services, as announced on Thursday. Chainlink’s oracles are vital for providing blockchains with external data, enabling applications such as smart contracts to operate effectively by supplying information like weather forecasts and market prices.
While Chainlink has been integrated with numerous major blockchains—such as Ethereum, Solana, BNB Chain, Fantom, and Gnosis Chain—this integration signifies the first time Chainlink has collaborated with Bitcoin. It highlights ongoing efforts to enhance Bitcoin’s capabilities, which have historically lacked features like layer 2 solutions, rollups, and smart contracts.
Additionally, the partnership will see Spiderchain implement Chainlink’s Cross-Chain Interoperability Protocol (CCIP), facilitating token transfers across different blockchains. Botanix Labs is developing Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers, allowing applications and smart contracts built for Ethereum to be seamlessly transferred to Bitcoin.
This integration represents a pivotal moment for Bitcoin, as it moves closer to adopting the advanced functionalities that have become standard in the broader blockchain ecosystem.
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