Bitcoin Bridge Launches, Syscoin Hashrate Soars on Trustless Interoperability

Syscoin has unveiled a groundbreaking blockchain interoperability solution: a fully trustless Bitcoin bridge. This innovative development removes centralized custody and relayers, enabling verifiable Bitcoin movement across chains using cryptographic enforcement and zero-knowledge proofs. The announcement spurred a surge in Syscoin’s merged mining hash rate to 316.08 EH/s, signaling a significant shift in the blockchain landscape.