Bitlayer's Bitcoin smart-contract system is being integrated by mining pools representing 31.5% of the network's hashrate. This move ensures the system's operation on the Bitcoin blockchain. Bitlayer's BitVM implementation, supported by major pools like Antpool, F2Pool, and SpiderPool, allows complex smart contracts on the Bitcoin blockchain without altering the base protocol. The framework, introduced by Robin Linux in 2023, enables verification of complex computations on-chain and execution off-chain, resembling optimistic rollups. This implementation aims to facilitate Bitcoin flow through DeFi systems and layer-2 networks, potentially boosting network activity and miner revenue. Antpool's control of 17.2% of Bitcoin's hashrate, along with F2Pool and Spiderpool, contributes to the 31.5% supporting hashrate. This level of support allows for testing and early-stage applications of BitVM, with plans for expanded mining pool partnerships in case of policy shifts within Bitcoin Core. Read more AI-generated news on: https://app.chaingpt.org/news

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