/biz/ - Business & Finance

>>49833542
If u want a real conversation then u better compare it with Zenon which will implement it probably before ICP does. Also Zenon is decentralized. Is this real enough.

>>49833542
Progress update on ICP BITCOIN integrations

We are nearing completion of the feature for a Beta launch. I would assess that we are currently between 90% and 95% complete for the Chromium / Beta launch.

The plan for the release of the Bitcoin integration feature (incl. threshold ECDSA) is as follows:

Chromium (Beta) release in some weeks, target is late June: functionally complete implementation
API for Bitcoin testnet Integration available on IC mainnet for public consumption
Threshold ECDSA deployment with a test key that will be deleted after a Beta phase available on IC mainnet for public consumption
Documentation, videos, and a sample dApp on how to use the feature
GA (general availability) release targeted at ~1-2+ months after Chromium: production-ready implementation
API for Bitcoin mainnet Integration available on IC mainnet for public consumption
Threshold ECDSA deployment with the production key that will be hosted on two large subnets on IC mainnet for public consumption (NNS as key backup subnet, another large subnet as signing subnet)
ckBTC canister

>>49833542
I'm bullish on ICP but BTC integration won't cause it to immediately moon and neither would it be a good thing imo. Price should slowly raise as everyone becomes aware of its potential, a huge spike would reek of p&d and most people might quickly lose interest

>>49833640
>I'm bullish on ICP but BTC integration won't cause it to immediately moon and neither would it be a good thing imo. Price should slowly raise as everyone becomes aware of its potential, a huge spike would reek of p&d and most people might quickly lose interest
Good point Anon.

>>49833640
ICP is already the biggest Pump and Dump already in all of crypto history. Good luck with that. Kek

>>49833614

The Chromium (Beta) release will allow the community to build canisters based on the Bitcoin and threshold ECDSA APIs, i.e., create fully-functional integrations with Bitcoin. The GA release provides fixes towards production readiness, e.g., in the areas of performance, and enables Bitcoin mainnet and the final production threshold ECDSA key.

We are now very close to the Chromium / Beta release. Next, you find the items that are still missing for the Bitcoin part (threshold ECDSA not considered here). Many of those are small items and/or already progressed quite a bit in their implementation.

Finalizing the API for sending transactions
Implementing the API for transaction fees (get_current_fee_percentiles)
Finalizing pagination support in get_utxos
Parameterizing the cycles accounting for the feature
Improving checkpointing performance (optional for Beta)
Hard cap Bitcoin payloads to 4MB
Improving finalization rate behaviour under heavy load of Bitcoin requests
Make DoSing the Bitcoin subnet more difficult
Updating the replica version to be shipped for the SDK release
Writing a documentation Web page
Recording tutorial videos

>>49833687
>ICP is already the biggest Pump and Dump already in all of crypto history. Good luck with that. Kek

Not true.
See here: https://cryptoleaks.info/case-no-1

Also, if you are going to FUD, please go to the SHILL and FUD thread here:
here:
>>49830877

>>49833689
Towards the GA release, these are the major items to be fixed:

Benchmarking
Further performance improvements
Security enhancement: Allowing the detection of very long forks
Security enhancement: Move to larger subnet (potential performance implications to be assessed)
All required integration tests completed
Code cleanup
Hope this gives you an impression of where we stand and what we still need to work on.

>>49833542
>he still thinks bitcoin integration is going to happen
You got scammed, I SEE PEE is 100% pure vaporware

>discuss the ICP bitcoin integration
nothing to discuss
>how it will cause the price of ICP to moon
it's not

>>49833977

>>49834024

This whole thread is a complete cope
glad I sold that shit for Matic
I fucking love watching you motherfuckers seethe while you watch Polygon partner with companies like Facebook and Stripe and make huge deals while y'all keep getting rammed and fucked KEKKK

>>49833542
ICP LINK ADA are potential catalysts i like algo too

Once bitcoin intregration happens it will be a few months before anyone uses it in a meaningful way id assume? When ICP brings smart contracts to doge thats when Musk tweets about the Internet Computer and we all become over night millionaires, it will be 2024 so go to the gym eat well and try meditation or a new hobby youve always put off because youre gonna have a lot of free time after we properly moon

>>49836440
>matic
hello ser

>>49836440
>matic