Taproot Wizards has raised $ 30 million with which it plans to build an applications ecosystem using the Bitcoin Op_Cat (BIP) improvement proposal.
Op_Cat is a characteristic that the pseudonym founder of Bitcoin Satoshi Nakamoto included in the original software code, but that he/she/she worried about the concerns that he exposed him to risks such as the attack of denial of service (two).
Many developers have expressed concern about recovering it.
The proposal could bring the functionality of the smart contract similar to Ethereum to Bitcoin through the introduction of “agreements” or rules that determine how a specific transaction will work.
Taproot Wizards, whose vision is to “make magical bitcoin again”, sold a collection of 3,000 digital art pieces of non -fungible token (NFT) called “quantum cats” to increase support for op_cat a year ago.
The Wizards have been trying to “Memar Op_cat again in existence”, according to an admitted advertisement on Tuesday.
The UDI Wethimer co -founder describes Op_Cat as “the missing piece” to achieve “programability without permission for Bitcoin, allowing loan, shops and intelligent contracts without giving up self -confidence”, in Tuesday’s announcement.
The $ 30 million financing round was directed by Standard Crypto.
