March 21: Elastos, a blockchain project, announced BTC Oracle, “a radical new solution that will enable every EVM-compatible blockchain to be a Bitcoin L2, the most comprehensive solution for cross-chain operability involving Bitcoin and EVM blockchains yet.” According to the team: “The BTC Oracle is part of Elastos’s BTC L2, ‘BeL2,’ the first BTC L2 to enable the direct development and management of Bitcoin-native smart contracts. Elastos’ BTC Oracle acts as a zero-knowledge proof data feed that provides real-time Bitcoin information to EVM smart contracts. A prototype is now available to illustrate how you can stake ELA in return for Bitcoin rewards.”
Blockchain Project Elastos Announces ‘BTC Oracle’ for Bitcoin L2
