Particle Network Introduces its EVM-Compatible Account Abstraction Protocol 'BTC Connect'

Web3 infrastructure provider Particle Network introduced BTC Connect — a protocol designed for developers working within the Bitcoin and Ordinal ecosystem, compatible with EVM standards.

The main objective of BTC Connect is to encourage the acceptance of account abstraction within Bitcoin, simplifying the application development process for those aiming to reach mainstream audiences while taking advantage of the security and inherent value embedded in the Bitcoin network.

Drawing upon the principles of ERC-4337 and Layer 2 EVM-compatible networks, BTC Connect features innovations such as Smart Account functionalities, Paymaster options, Bundler enhancements, wallets tailored specifically for the Bitcoin ecosystem, and a comprehensive chain rune inscription system known as the Omnichain Inscription Protocol.

This development allows creators in the field of Bitcoin and inscriptions to provide their users with advantages like the ability to trade gaslessly and experience enhanced account programmability. Ordinals In addition, all existing Bitcoin wallets will gain the ability to manage Smart Accounts on the platform, opening up a wide array of opportunities for decentralized applications (dApps) and fostering a deeper integration of Bitcoin within the smart contracts framework.

The initial group of collaborators comprises ten Bitcoin-focused businesses, including leading names like Unisat Wallet, Bitmap Explorer, Brc420, MAP Protocol, BEVM, B^2 Network, ZkFair, BitSmiley, UXUY, and BitLayer. Layer 2 We are ecstatic to present BTC Connect, marking the first-ever account abstraction protocol for the Bitcoin and Ordinal developer community.

We have curated a remarkable lineup of partners to assist us on this incredible journey.…

In a new twist, the German company Trac Systems, creators of the Tap Protocol, announced raising $4.2 million, spearheaded by Sora Ventures, with a vision to enhance Bitcoin as a developer-friendly platform through the Ordinals framework. Web3 They pointed out that numerous applications have already been made possible within Ordinals via Tap Protocol, including art fractionalization and gaming token functionalities.

The unveiling of Particle Network’s BTC Connect is a significant milestone in the overarching evolution of the Bitcoin ecosystem, illustrating the continual progression of Web3 infrastructure. Airdrops Calendar .

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Alisa, a passionate journalist at Cryptocurrencylistings, focuses on the intricacies of cryptocurrency, zero-knowledge proofs, investment strategies, and the broadening landscape of Web3. With a sharp eye on emerging trends and technologies, she provides thorough insights that keep readers informed and engaged in the dynamic world of digital finance.

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