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Cardano Ecosystem

Cardano as Bitcoin’s DeFi Layer? Yago Explains BitcoinOS and BOS Token

11/27/2024

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684 views


Cardano With Paul

In this video, I sit down with Edan Yago from BitcoinOS to discuss their groundbreaking work on the Grail Bridge, a new development enabling Bitcoin liquidity to flow into Cardano’s ecosystem using zero-knowledge proofs. This innovative solution could transform Cardano into the ultimate DeFi layer for Bitcoin while preserving decentralization and security. We also dive into the recent announcement of BitcoinOS’ BOS token, which surprised many in the community. While the Grail Bridge itself was initially expected to operate using only Bitcoin and Cardano tokens, the BOS token introduces new dynamics that are sparking debate. What role will the token play in the ecosystem, and how does it fit into BitcoinOS’ vision for cross-chain interoperability? Topics include how BitcoinOS uses zero-knowledge cryptography, what makes Cardano a prime target for this integration, and why BOS tokenomics are raising eyebrows among crypto enthusiasts and Cardano supporters.


See original video on YouTube

ORIGINAL SOURCE

https://www.youtube.com/watch?v=ZSdDW5hQ...

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