What is bitSmiley Protocol? bitSmiley is a decentralized stablecoin protocol that allows users to mint bitUSD, an over-collateralized stablecoin designed to maintain a soft 1:1 peg with the U.S. dollar. It does this using Bitcoin as collateral, ensuring transparent issuance and verifiable backing through an open protocol. The goal is simple but bold: to bring […]
Case Study: bitSmiley Protocol × Torram Read More »
Written by Torram Labs CTO Lee Raj. A few weeks ago, we released the alpha version of the Torram Network. This version successfully demonstrated five critical assumptions about leveraging the Bitcoin network: Crash Course: How Torram Oracles Work Currently, the Torram network consists of a decentralized set of 30 validators, who operate in a trustless
Powering Trustless Data on Bitcoin with Torram Oracles Read More »
As Bitcoin evolves beyond its role primarily as digital gold, its ecosystem is rapidly growing into a hub for decentralized finance (DeFi) innovation.
But there’s a critical piece of infrastructure that will enable this transformation: decentralized oracles.
Often overlooked, decentralized oracles are the unsung heroes of DeFi, and provide secure and reliable data that empowers companies to build complex financial applications.
Today, we’ll explore the role of decentralized oracles, why they matter, and how they’re unlocking the next wave of innovation on Bitcoin.
Decentralized Oracles: Powering the Future of Bitcoin DeFi Read More »
