The Bitcoin
Application Layer
○ Community owned, Bitcoin Governed!
○ Bridgeless, Native BTC programmability
○ Zero Trust Architecture
No bridging.
No wrapping.
Bringing native BTC DeFi and staking to IBC
Unlock the power of Bitcoin
Built using groundbreaking dWallet technology, and best in class modular stack -BitCosm unlocks powerful use cases for the $1T of BTC value in the IBC ecosystem.
Trading
Trade native BTC with any other asset
Lending
Native BTC as collateral to loan any other asset
Staking
Use native BTC to secure any other protocol
Scaling
Scaling Bitcoin to support 1000s of BTC tps
Bringing Bitcoin to Cosmos Builders
Bitcoin doesn't support smart contracts, so BTC can't be used for DeFi and staking. Existing Bitcoin L2s use centralized and collusive bridges, with wrapped assets to represent BTC, creating security risks.BitCosm is the first Bitcoin L2 to offer native BTC DeFi and staking - no bridges and no wrapping - with the power of dWallet technology.
Native
Builders on BitCosm can sign native Bitcoin transactions directly from their CosmWasm smart contract, and implement their logic using native BTC. BitCosm leverages the dWallet Network, with noncollusive and massively decentralized MPC, in order to make that possible.
Modular
The modular blockchain allows for Web3 to be connected more than ever before. BitCosm leverages modularity in a unique way, leveraging dWallets and Celestia's DA to make a native and secure connection between the Bitcoin, IBC and EVM ecosystems.
Universal
BitCosm allows for native multi-chain interoperability, connecting Bitcoin to all of Web3, and empowers builder to create dapps and solutions that operate natively on Bitcoin and any other chain, like tading native BTC for native ETH, or staking BTC to secure any protocol.
Noncollusive
Platforms attempting to make Bitcoin programmable, must rely on bridges or federated solutions to wrap BTC - where the participants or operators can collude and steal users' assets. In BitCosm, the user is in control, and BTC stays native on Bitcoin - no bridging and no wrapping.
Decentralized
Builders shouldn't be required to trust permissioned networks or a small subset of nodes for programmable BTC. BitCosm relies on best-in-class modular stack - the dWallet Network and Celestia, so it can leverage permissionless and decentralized networks with many participants.
Cryptography
BitCosm utilizes state-of-the-art modern cryptography - from DA light clients and IBC, to the novel 2PC-MPC protocol leveraged by the dWallet Network - to remove 3rd party trust and rely on cryptographic security instead of hardware or economic incentives.
Programmable BTC Rollup on Cosmos
The modular revolution allows BitCosm to bring native programmable BTC to IBC, empowering builders to create a myriad of new and existing use cases for Bitcoin, unlocking the value of the largest digital asset.
dWallets
BitCosm partnered with the dWallet Network to bring native programmable BTC to Cosmos, using noncollusive and massively decentralized MPC.
Sovereignty
BitCosm is a sovereign rollup built on top of Celestia, providing it with data availability and the community-centric independence of a sovereign rollup.
IBC
As part of the IBC ecosystem, BitCosm brings native programmable BTC to the entire ecosystem, with use cases like DeFi and Staking.
Bitcoin L2
Allowing builders to create smart contracts that control BTC natively on Bitcoin, makes BitCosm the most secure and interconnected Bitcoin L2.
CosmWasm
On BitCosm, builders can utilize CosmWasm as their smart contract engine for programmable BTC, leveraging its security and power.
Polaris EVM
On BitCosm, builders can utilize EVM as their smart contract engine for programmable BTC, leveraging its adoption and compatibility.
