Polyhedra Network Partners with Nubit to Build the Trustless Future of the Bitcoin Ecosystem
Polyhedra Network has partnered with Nubit, the first Bitcoin-native Data Availability (DA) layer to build the trustless and interoperable future of the Bitcoin ecosystem. This strategic collaboration marks a significant step towards advancing the capabilities and scalability of the Bitcoin ecosystem. By leveraging Polyhedra’s expertise in cutting-edge cryptographic techniques, we aim to drive innovation and foster a more secure, scalable, and interoperable Bitcoin ecosystem.
Polyhedra Network is accelerating the adoption of Web3 by revolutionizing the landscape of computational power limitations. Our vision is to empower individuals and organizations to turn their innovative ideas into reality by harnessing the exponential computational power offered by zero-knowledge technology. Led by a team of cryptography experts, Polyhedra Network has curated a treasure trove of cutting-edge ZK algorithms that are secure, lightning-fast, and universally compatible. These innovations propel Web3 forward, making it faster, more affordable, and inherently more secure.
Nubit primarily focuses on enhancing the data availability capacity within the Bitcoin ecosystem. Nubit and Polyhedra Network will collaborate to develop a robust Proof of DA system tailored specifically to the Bitcoin ecosystem. By relaying commitments to Nubit’s data root via an on-chain light client, developers can seamlessly integrate high-throughput DA solutions into Layer 2 contracts. This approach ensures the security and data availability of Bitcoin Layer 2 networks and empowers developers to build scalable and reliable infrastructures and applications like indexers and oracles on Bitcoin.
Moreover, Nubit and Polyhedra are committed to implementing ZKP-based state proofs for Bitcoin meta-protocols such as Ordinals, BRC-20, and Atomicals. By utilizing ZKP to verify state transition functions of meta-protocols and integrate it with Nubit’s Modular Indexer, we can achieve a fully trustless proof of indexing results and enable modular interoperability for Bitcoin meta-protocols. This advancement enables users to independently verify these results without relying on centralized indexer providers, significantly enhancing the decentralization and integrity of the Bitcoin ecosystem.
Building on our innovation in the zk-SNARK-based signature aggregation protocols, thecollaboration will explore the integration of the single-slot finality consensus into Nubit. This integration signifies a significant advancement over traditional blockchain consensus mechanisms. Through Polyhedra Network’s unique innovation, communication overhead among the validators can be minimized, enabling Nubit to scale its consensus validator set to hundreds of thousands to significantly improve the decentralization of the Bitcoin DA system.
Furthermore, Polyhedra Network will facilitate trustless cross-chian interoperability from Bitcoin to Nubit through its zkBridge, enabling seamless interoperability between the Bitcoin and Nubit ecosystems. This cross-chain integration will unlock new opportunities for utilizing BTC within Nubit, including staking and other services, which are in line with Nubit’s commitment to expanding Bitcoin’s utility and accessibility.
Together, Nubit and Polyhedra aim to promote modular transformation within the Bitcoin ecosystem. By combining Nubit’s Bitcoin-native DA solutions and modular indexer with Polyhedra’s expertise in ZKP, consensus algorithms, and cross-chain interoperability, we seek to empower developers to build next-generation applications and unlock new possibilities for Bitcoin’s utility and adoption.
About Polyhedra Network
Polyhedra Network is building the next generation of secure, interoperable, and scalable Web3 infrastructure with advanced zero-knowledge-proof technology. The team has developed and deployed several next-generation zk-SNARK protocols resulting in performance improvements orders of magnitude faster than existing solutions. Their interoperability solution, zkBridge, connects over 25 blockchains and proves the validity of cross-chain messages utilizing zero-knowledge proofs. Developers building with Polyhedra Network can create secure, scalable, interoperable applications without any additional trust assumptions.
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About Nubit
Nubit is a scalable and the first Bitcoin-native data availability layer, secured by Bitcoin, for the Bitcoin community. Nubit enables the scaling of Bitcoin’s data capacities without compromises, empowering applications like Ordinals, layer 2s, price oracles, and indexers thus broadening the scope and efficiency of the Bitcoin ecosystem. It leverages the innovative high-performance consensus algorithm and lightning network to inherit the full censorship-resistant nature of Bitcoin.
