📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
For a long time, Bitcoin has been viewed as a conservative store of value. However, recent innovations are changing this situation, pushing Bitcoin to the forefront of financial innovation.
An emerging technological solution is transforming Bitcoin from a mere "static vault" to a "dynamic financial engine". This transition is primarily achieved through two key components: an innovative cross-chain bridging solution and a scaling network designed specifically for Bitcoin.
This cross-chain bridging solution adopts a minimal trust design concept, ensuring the security of assets through challenge verification mechanisms. It is worth noting that this solution has successfully launched on the mainnet, becoming one of the early implemented related projects. At the same time, the extended network designed for Bitcoin adopts a Rollup architecture, which is not only compatible with the Ethereum Virtual Machine (EVM) but also features low latency, providing a real-time and scalable application environment for the Bitcoin ecosystem.
This innovative initiative is injecting new vitality and liquidity into the Bitcoin ecosystem. Its ecological expansion strategy is also actively advancing, having established partnerships with several public chain projects such as Sui, Base, Arbitrum, and Cardano. In addition, it has formed strategic partnerships with several well-known mining pools such as Antpool, F2Pool, and SpiderPool. These multifaceted collaborations will help deepen the integration of Bitcoin across chains, decentralized finance (DeFi), and computing power.
In terms of financing, the project has received strong support from institutional investors, raising $25 million, led by well-known investment institutions such as Polychain Capital and Franklin Templeton. Currently, a campaign called "Booster" is underway, conducted in collaboration with Binance Wallet, providing participants with the opportunity to obtain relevant tokens, while also offering investors the possibility to position themselves in Bitcoin finance (BTCFi) at an early stage.
These developments signify that the Bitcoin ecosystem is undergoing a significant transformation, evolving from a single value storage tool to a multi-functional financial innovation platform. This shift not only enhances the practicality of Bitcoin but also opens up new directions for development across the entire cryptocurrency industry.