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News Explorer — OP_NET Promises DeFi and Smart Contracts on the Bitcoin Blockchain

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Aug 7, 2:00 am
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OP_NET Promises DeFi and Smart Contracts on the Bitcoin Blockchain

Developers are set to launch the OP_NET testnet, which aims to bring smart contracts and decentralized finance (DeFi) to the Bitcoin blockchain. OP_NET utilizes the Tapscript component of the Bitcoin Taproot upgrade to enable the deployment of decentralized applications and smart contracts on the Bitcoin network. The project aims to provide a permissionless and open-source solution that allows users to utilize Bitcoin for DeFi without compromising security and decentralization.

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