During a panel discussion at the Cardano conference in Dubai, it was announced that Cardano will become the smart contract layer for Bitcoin.
This means native Cardano assets will exists on the Bitcoin blockchain and will also allow POS to receive ADA and other partner chain rewards.
As opposed to bridges (that are subject to trust and hacks) this deployment will exists natively and trust-less through between chains.
BTC OS is leading development and implementation on the Bitcoin side through the BitcoinOS grail bridge.
Emergo the Cardano VC arm was instrumental in developing this relationship.
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