BOB’s BitVM Bridge Testnet Goes Live: Bitcoin DeFi Just Leveled Up
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Bitcoin's DeFi ecosystem gets a jolt of adrenaline as BOB flips the switch on its BitVM bridge testnet—no more 'wrapped BTC' bandaids.
Why it matters: This isn't just another sidechain. BitVM's fraud-proof system could finally let Bitcoiners tap into real yield without handing custody to third parties. (Take that, CeFi loan sharks.)
The fine print: Early testers report gas fees at 1/10th of Ethereum L2s, though maximalists will grumble about any smart contract functionality touching Satoshi's creation.
Bottom line: If this works, Bitcoin might finally stop being the blockchain world's grumpy grandpa—you know, the one sitting on $1T but refusing to spend it.
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