EVM Compatibility

Bitcoin's emergence as a pioneering digital asset has paved the way for a new era of decentralized finance (DeFi) and blockchain innovation. However, its limited scripting capabilities have posed challenges for developers seeking to build complex applications on top of the Bitcoin network. Recognizing this limitation, Iron Chain sets out to bridge the gap between EVM-compatible blockchains and Bitcoin Layer 2, unlocking a myriad of possibilities for decentralized applications (dApps) and services.

Iron Chain utilizes a specialized proof and relayer mechanism to facilitate communication between EVM-compatible blockchains and Bitcoin Layer 2. This mechanism enables smart contracts to interact with Bitcoin transactions, thereby enabling seamless integration of services into the Bitcoin network. Through this interoperability, Iron Chain enhances Bitcoin's utility from a store of value to a foundational layer for BTC-powered applications.