Sui said in a post on X that Bitcoin has returned to timelines across the internet, though much of it still sits idle in cold wallets. The project said Hashi is designed to make native Bitcoin usable as programmable collateral on Sui while remaining on the Bitcoin network. Sui also disclosed that Hashi’s testnet has recorded more than 2 million deposits. With that milestone reached, the team said the protocol’s mainnet launch is coming soon. The update focuses on Bitcoin utility on Sui and frames Hashi as infrastructure meant to keep BTC on its original network while extending its use in programmable onchain applications.
Sui said in a post on X that Bitcoin is showing up across timelines again, but much of it remains idle in cold wallets.
The team said Hashi is built to let native Bitcoin become programmable collateral on Sui while staying on the Bitcoin network.
Sui added that Hashi’s testnet deposits have surpassed 2 million, and that mainnet is set to launch soon.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.