The Internet Computer Protocol (ICP) has implemented upgrades like threshold-Schnorr signatures, enabling smart contracts and direct support for Bitcoin L1 transactions, expanding Bitcoin's functionality.
The integration of on-chain Bitcoin block headers by ICP provides vital access to full block content, ramping up the platform's support for emerging meta protocols reliant on block header data.
These advancements empower developers to build a wider array of applications within the Bitcoin ecosystem, including DeFi markets, infrastructure updates, and enhanced cross-chain asset transfers.
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