Hassan Maishera
The Near Protocol announced via X on Tuesday that the new BTC Light Client by Aurora allows the integration of BTC directly into the NEAR ecosystem. Aurora developed the Bitcoin Light Client and Relayer service to enable the seamless interaction between the Bitcoin Network and NEAR Protocol.
The integration includes the launch of the Satoshi Bridge, which allows direct BTC deposits into NEAR and interaction with its dApps. The Bitcoin Light Client allows dApps on NEAR to verify Bitcoin transactions.
Meanwhile, the relayer service ensures that the light client remains in sync with the Bitcoin network. It acts as a bridge, continuously updating the smart contract on NEAR with the latest Bitcoin transactions.
Finally, the NEAR Chain Signatures service will enable the creation of native Bitcoin bridges by allowing the transfer of Bitcoin to and from the NEAR network, further enhancing the interoperability with the Bitcoin Network, opening up new exciting use cases.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees. NEAR is trading at $4.262, up 6% in the last 24 hours.
