RIF Flyover protocol goes live: $BTC transfer between rootstock_io and Bitcoin has never been easier
IOVLabs, an organization focused on bringing Bitcoin to the programmable finance ecosystem, shares a crucial update to its technical design. The new development, RIF Flyover, advances transfers of Bitcoins and makes them even more suitable for DeFi operations.
To introduce the development to a global Web3 ecosystem, the Association for Cryptologic Research published a thesis on the Flyover protocol prepared by IOVLabs' Research and Innovation Team.Sergio Demain Lerner, co-founder and chief scientist at IOVLabs, stressed the crucial importance of this release for the entire DeFi-on-Bitcoin ecosystem:
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