Internet Computer-Based ‘Bitfinity EVM’ Launches as Bitcoin L2, Supports Runes

As a seasoned crypto investor with a background in software development and a deep understanding of the blockchain ecosystem, I’m excited about the potential of Bitfinity and its integration with the Bitcoin network. The ability to bridge assets between different blockchains is a game-changer, and the fact that this can be done using Internet Computer (ICP) and Ethereum Virtual Machine (EVM) technology is particularly intriguing.Bitfinity, a Bitcoin layer 2 solution, introduces the Ethereum Virtual Machine (EVM) to facilitate the deployment of smart contracts based on Bitcoin protocols. With this integration, Bitcoin users can now leverage Runes to activate Decentralized Finance (DeFi) applications on the Bitcoin blockchain.

As a researcher exploring the intersection of blockchain technology and decentralized applications, I’m particularly intrigued by Bitfinity – an innovative platform built upon the Internet Computer (ICP) protocol. Bitfinity offers a unique value proposition by seamlessly integrating with the Bitcoin network and facilitating asset bridging to other blockchains.

As a researcher studying the blockchain ecosystem, I’ve come across an intriguing development: Bitfinity EVM. This innovative platform enables developers to deploy Bitcoin-linked Solidity smart contracts directly. By doing so, they can facilitate transactions involving not just plain Bitcoin (BTC), but also Ordinals and Runes as well. This expansion opens up new possibilities for dApps built on the Bitcoin blockchain.