The DeFi platform seeks to revolutionize the crypto ecosystem with its innovative approach and integration with the Interchain Stack architecture
Native, a zero-trust application platform for Bitcoin, is revolutionizing the way the world’s largest cryptocurrency is used. By leveraging the modular and flexible architecture of the Interchain Stack, Native seeks to unlock Bitcoin’s liquidity and expand its utility beyond its base layer. With its focus on security and interoperability, Native aims to make Bitcoin a first-class currency in the world of decentralized finance (DeFi).
The ATOM token, a fundamental pillar of the Cosmos network, has experienced remarkable consolidation in recent weeks, leaving behind the downward trend that began in March 2024 / TradingView
The Importance of the Interchain Stack
Native’s decision to build on the Interchain Stack is based on the belief that the future of Web3 is multichain. The Interchain Stack offers a secure, efficient, and scalable infrastructure to enable interactions and composability between different blockchains. This is critical to unlocking Bitcoin’s potential and making it more accessible to a wide range of DeFi applications.
Native: A Bridge Between Bitcoin and DeFi
Native stands out for its focus on security and zero trust. By using advanced MPC cryptography, Native allows users to access and control their Bitcoin assets in a secure and decentralized manner. This is crucial to ensuring the protection of user funds and fostering trust in the ecosystem.
Native’s vision is to create a robust and secure environment that enables Bitcoin interoperability with other blockchain ecosystems via the Interchain. This will unlock new possibilities for DeFi protocols, dApps, and other applications, by enabling a more seamless flow of assets, value, and information between different networks.
BLISS: A Unified Infrastructure for Bitcoin
One of Native’s most notable features is BLISS (Bitcoin Liquidity and Interoperability Scaling Stack). This hybrid zero-knowledge proof and fraud proof solution allows developers to build secure, interoperable, and fast-completing Bitcoin applications. BLISS also facilitates the aggregation and deployment of Bitcoin liquidity on the Interchain, reducing fragmentation and providing users with access to deeper liquidity pools and faster, cheaper transactions.
The Future of Native
Native has big plans for the future, including the integration of additional security features, as well as expanding BLISS’ capabilities to support more sophisticated DeFi use cases and collaborating with other key projects in the Interchain ecosystem. It is also working on its mainnet launch, which will allow users to access all of the platform’s functionalities.
ATOM: Is it bottoming out or just a pause in the fall?
The ATOM token, a fundamental pillar of the Cosmos network, has experienced remarkable consolidation in recent weeks, leaving behind the downward trend that began in March 2024. After finding support at $3.66, ATOM is showing signs of recovery, although it is still 26.85% below its highs from a year ago.
Since September 2024, ATOM has been trading sideways, with increasing trading volume suggesting increased interest from investors in this price range. This increase in volume could indicate that many traders consider that the price has bottomed out and are willing to accumulate tokens at these levels.
What is Cosmos (ATOM)?
Cosmos presents itself as a solution to the most pressing challenges of the blockchain industry, such as slowness, high costs, and lack of scalability. Through its ecosystem of interconnected blockchains, Cosmos seeks to offer a more efficient and flexible alternative to Proof-of-Work-based networks, such as Bitcoin.
One of the main advantages of Cosmos is its interblockchain communication (IBC) protocol, which allows different blockchains to communicate and exchange information securely and efficiently. This feature is essential to foster interoperability and collaboration between different blockchain projects.
Disclaimer: This information is provided for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making any investment decisions.