funded
Binocular – Trustless Bitcoin Transaction Oracle
Current Project Status
In Progress
Amount
Received
Received
₳24,000
Amount
Requested
Requested
₳100,000
Percentage
Received
Received
24.00%
Solution
Binocular uses NIPoPoWs to provide a Bitcoin blocks Merkle tree root in its Oracle datum.
This allows contracts to check a transaction exists in a block on Bitcoin.
Problem
There is no way to trustlessly ensure in a Cardano smart contract that a particular Bitcoin transaction exists.
Impact Alignment
Feasibility
Value for money