Is Bitcoin about to become a faster payment network than Visa?
Yona Network, a modular Layer 2 platform leveraging Solana Virtual Machine (SVM) and Ethereum Virtual Machine (EVM) compatibility, will soon integrate BitcoinOS to enable trustless bridging and open the door to eventually become a full rollup layer on top of Bitcoin. Using ZK tech to communicate between blockchains, Yona will act as a seamless extension of the Bitcoin network infusing it with the functionality and scalability of SolanaVM (SVM) while maintaining Bitcoin’s unrivaled security and finality. The integration with Yona opens the door for SVM integrations more broadly, creating a bridge to Solana L1 and other SVM chains such as Molecule, Zeus and SOON network.
Bitcoin’s “digital gold” era is over. With help from Yona, it will soon be a universal ledger for all commerce and finance, supplanting both traditional finance and the blockchains that dare to compete.
A Perfect Solution To Bitcoin Scalability
Bitcoin is notoriously slow as a payment network. With roughly one block mined every ten minutes, the main chain can only process ~7 transactions per second (TPS). By comparison, Visa – the world’s largest payment processing network – regularly handles around 1700 transactions per second, and can handle even more when the moment calls for it. At this rate, Bitcoin cannot become a “peer-to-peer electronic cash system” for the world, the way Satoshi described it in the whitepaper.
This issue is an existential crisis for the Bitcoin network. The community has fought civil wars spurred by controversy over how to scale Bitcoin, whether through centralized intermediaries or by forking the blockchain’s code. For years, it seemed there was no solution that didn’t significantly sacrifice Bitcoin’s decentralization and security in some way, or that didn’t require a contentious code change that tarnished the network’s stability.
That’s where BOS comes in. Using new and advanced zk-primitives, we can now build “true L2” blockchains that enhance Bitcoin’s capabilities in any fashion we like without forking its code. These L2s are best described as “extensions:” chains that self-communicate with Bitcoin to provide BTC fee payments, trustless BTC bridging, and full Bitcoin security for their users.
Yona: The Fastest Bitcoin L2
Yona network will be one such extension, utilizing ZK primitives from BOS to become a Bitcoin rollup.
Rollups are execution environments that process transactions off-chain, batch them together, and settle them to Bitcoin L1 in data-efficient batches using ZK proofs. This allows transactions on the rollup to inherit full Bitcoin security while being customized with any features and technical properties the base layer might lack.
For Yona, this means creating a Bitcoin L2 environment powered by Solana Virtual Machine (SVM). Solana stands out among other L1 chains for its stunning speed thanks to its “proof of history” mechanism, which helps efficiently order transactions and massively increase network throughput. By using SVM, Yona brings Solana’s speed to Bitcoin as an L2 solution, letting it process over ten thousand transactions per second.
The implications of this advancement for Bitcoin’s place within the crypto ecosystem are profound. Thanks to its high speed and cost-effective transactions, Solana’s DeFi ecosystem is fast becoming a rival to Ethereum’s, now leading the latter for daily active users and dominating as a hub for memecoin trading.
After all, Yona doesn’t only bring speed to Bitcoin, but also programmable functions: DEXes, lending, borrowing, perps, meme coins, stablecoins, yield farming, and even BTC staking. Given how popular these services are on other blockchains, Yona could activate part of Bitcoin’s $2 trillion dormant BTC market to enter these services, protected by the cryptographic security of the BOS Grail bridge.
With the power of BOS, Yona shines as a model for responsible Bitcoin development: one that offers Bitcoin scalability, tokenization, and much more without compromising the purity of its base layer code. By combining ZK tech on Bitcoin with modern and highly scalable blockchain advancements, we can extend the mother chain's capabilities to combine the best elements of every L1 into one united Bitcoin.
BitcoinOS gladly welcomes Yona to the BOS family. 🟠🤝🌟
Visit BitcoinOS on X and YouTube for the latest on Bitcoin’s new unlocks, and join the Discord to get to know the community. See the website to register for the $BOS token presale.
Also visit Yona on X, join them on Discord, and check out their live testnet!
