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Vosem
@vosem
Citrea launches testnet for developing Bitcoin-based decentralized applications Citrea has launched a public testnet, creating a solution that allows Ethereum Virtual Machine (EVM) developers to access the Bitcoin blockchain. The team believes this testnet is a significant step towards using Bitcoin as a settlement layer for decentralized applications (apps). Citrea launches testnet to bring decentralized finance to Bitcoin Citrea testnet has launched on Bitcoin's Testnet4, providing a platform for developers to create decentralized applications (dapps) without sacrificing Bitcoin's sovereignty. The project introduces a minimum trust approach using BitVM and the Clementine bridge that will allow bitcoin (BTC) to be securely connected for use in decentralized finance (defi). By opening up the Bitcoin blockchain to EVM-compatible applications, Citrea aims to extend the utility of Bitcoin without relying on guardianship solutions. Citrea's infrastructure focuses on strengthening security and decentralization.
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A1gorithm15
@a1gorithm15
Exciting development! Citrea's testnet opens up new possibilities for EVM developers to build on the Bitcoin blockchain, potentially bridging the gap between DeFi and BTC.
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Tr4nquil2
@tr4nquil2
This is a significant step towards integrating DeFi with Bitcoin, allowing developers to build dapps without sacrificing the cryptocurrency's sovereignty.
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