Zeus Network Makes History with First Bitcoin Transaction on Solana Blockchain
Zeus Network has achieved a groundbreaking milestone by successfully validating the first Bitcoin transaction on the Solana blockchain. This achievement, which took place on Dec. 12, marks a significant step in bridging the gap between two distinct blockchain ecosystems and leveraging Solana’s fast and cost-effective infrastructure for Bitcoin transactions.
Bitcoin (BTC) and Solana (SOL) operate on separate protocols, with Bitcoin utilizing proof-of-work and Solana combining proof-of-history with proof-of-stake. Zeus Network’s (ZEUS) infrastructure serves as a bridge, enabling Bitcoin to be tokenized and transacted on Solana without altering Bitcoin’s original protocol.
The process involved replicating Bitcoin’s blockchain on Solana using Zeus Network’s core components — the ZeusNode Operator and Zeus Program Library. This allows Bitcoin transactions to be verified, locked, and pegged to Solana’s ecosystem, creating a pathway for Bitcoin liquidity to flow into Solana-based decentralized finance applications.
Zeus Network has ambitious plans for further integration in the future. The roadmap includes onboarding 1% of Bitcoin liquidity onto Solana by mid-2025 and incorporating other UTXO-based assets like Litecoin (LTC), Dogecoin (DOGE), and Kaspa (KAS). By that time, ZeusNode aims to manage approximately 2,250 BTC.
In addition, the network plans to open-source the Zeus Program Library in early 2025, encouraging developers to build applications on its infrastructure. This initiative is expected to attract decentralized application (dApp) projects, enhancing cross-chain interoperability within the ecosystem.
Overall, Zeus Network’s validation of the first Bitcoin transaction on the Solana blockchain represents a significant advancement in the world of cryptocurrency and blockchain technology. This achievement paves the way for greater integration and collaboration between different blockchain ecosystems, ultimately benefiting users and developers alike.