ZURICH–(BUSINESS WIRE)–The Internet Computer blockchain launched by the DFINITY Foundation will leverage new cryptography techniques to integrate with the Bitcoin network, resulting in smart contracts that directly operate on bitcoin balances for the first time. Related R&D work performed by DFINITY will be realized after the Internet Computer community passed a Network Nervous System (NNS) proposal on September 17 with 96.55% approval. It was already the 20,586th proposal sent to the NNS since the network launched in May.
Today, the Bitcoin network hosts almost a trillion dollars of value. However, the Bitcoin network does not currently host “Turing-complete”