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Build on Top of Bitcoin’s Thriving Ecosystem
Explore how Dynamic enables developers and end-users to make the most out of Bitcoin’s battle-tested network.
Build on the oldest and most well known name in Web3
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Take advantage of Bitcoin’s booming ecosystem
WHAT IS BITCOIN?
A secure and decentralized blockchain that originally aimed to be a peer-to-peer electronic cash system
Bitcoin is the first and most widely recognized cryptocurrency, operating on a decentralized network using Proof of Work (PoW) consensus mechanism. Bitcoin paved the way for the crypto industry and is the most recognizable name in the industry. Bitcoin's strong security and decentralization make it ideal for financial transactions and many people also see it as a store of value.
Dynamic projects building on Bictoin
Metrics
Bitcoin is in a league of its own
~45M
Wallets hold Bitcoin
~$1.25B
Market capitalization
15M
Average MAUs in 2024
Use cases
What's being built on Bitcoin?
Applications that require the highest level of network security and decentralization, prioritizing these over speed.
Ordinals Marketplaces
Ordinals allow data to be inscribed into the smallest unit of a Bitcoin, creating a thriving NFT ecosystem on the Bitcoin network.
Scaling Solutions
Layer-2 blockchains provide Bitcoin with an efficient way to scale and meet the needs of new innovations on the network.
DeFi Infrastructure
To accommodate the growing presence of DeFi and NFT on Bitcoin, robust infrastructure and wallets are required to ensure a smooth user experience.
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THE TOP WALLETS ON BITCOIN
Wallets that matter on Bitcoin
Here are the top crypto wallets used on Bitcoin. Dynamic supports all wallets across this ecosystem, with mobile deep linking, multi-wallet handling, merging and transaction/signing handling
Xverse
Unisat
Magic Eden
OKX
Phantom
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Leather
Features
CUSTOMER SPOTLIGHT
Spotlight on our Bitcoin customer
Build Everything on Bitcoin
BOB represents a unified effort to scale Bitcoin the right way. They allow developers to build on Bitcoin with best-in-class EVM tooling, while drawing liquidity from the two largest blockchains, Bitcoin and Ethereum.
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Build Everything on Bitcoin
BOB represents a unified effort to scale Bitcoin the right way. They allow developers to build on Bitcoin with best-in-class EVM tooling, while drawing liquidity from the two largest blockchains, Bitcoin and Ethereum.
Read case study
Learn more
Key terms to know
BTC
The gas token and miner reward used within the Bitcoin network.
Bitcoin Mining
The process of creating new bitcoins and verifying transactions to add to the public ledger, known as the blockchain.
Hash Rate
A measure of the computational power used in Bitcoin mining, with a higher hash rate indicating a more secure network.
Nakamoto Upgrade
A network upgrade coming to Bitcoin that will allow for greater scale and security. It is named after Satoshi Nakamoto, the anonymous creator of Bitcoin.
Proof of Work
The consensus mechanism used by the Bitcoin network, where miners verify transactions by solving complex mathematical problems that become more difficult over time.
Satoshi
The smallest unit of a Bitcoin, equivalent to 0.00000001 BTC.
FAQs
When was Bitcoin created?
Bitcoin was first introduced through the Bitcoin whitepaper in 2008. The token and network went live shortly after in early 2009, setting the stage for a world of other cryptocurrencies and blockchains to emerge.
What is the true use case of Bitcoin?
Bitcoin originally launched as a peer-to-peer electronic cash system. Today, it is used for payments & remittances, while others view it as a form of digital gold or store of value.
What are the benefits of building on Bitcoin?
Bitcoin is the first and most battle-tested blockchain in the world. In addition to being very well known, Bitcoin’s network is also the most decentralized and secure. And now with recent upgrades focused on scalability, it is also positioned to host a wide range of applications.
What sectors within Bitcoin are developers currently focusing on?
Over the last year new innovations such as Ordinals, inscriptions and Runes have brought a lot of excitement to Bitcoin. To meet these needs, there has been a focus on building scaling solutions for the network, as well as infrastructure like wallets to support the influx of new users.
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