{"id":144445,"date":"2024-12-11T11:00:54","date_gmt":"2024-12-11T09:00:54","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144445"},"modified":"2024-12-11T02:49:59","modified_gmt":"2024-12-11T00:49:59","slug":"cardano-sets-ambitious-plan-for-bitcoin-defi-development-by-2025","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cardano-sets-ambitious-plan-for-bitcoin-defi-development-by-2025\/","title":{"rendered":"Cardano Sets Ambitious Plan for Bitcoin DeFi Development by 2025"},"content":{"rendered":"
This announcement<\/a> <\/strong>highlights Cardano\u2019s<\/a> <\/strong>growing involvement in Bitcoin\u2019s<\/a> <\/strong>development, particularly as demand for enhanced Bitcoin utility increases.<\/p>\n In a recent update via X, Hoskinson outlined IOG\u2019s strategy to drive Bitcoin DeFi initiatives in 2025. He set an ambitious goal for the team to deliver a significant demo by May 2025, coinciding with the Bitcoin 2025 event. To achieve this, IOG will partner with Fair Gate Labs, a company specializing in Multi Party Computational protocols, and expand collaborations with community-driven projects and wallets.<\/p>\n While there isn\u2019t yet a concrete timeline for a minimum viable product (MVP), Hoskinson emphasized the vast potential and significant work ahead. He also expressed enthusiasm for unlocking Bitcoin\u2019s untapped DeFi opportunities, referring to it as \u201cawakening the sleeping giant.\u201d<\/p>\n