InfSones Onboarded as a New Attestor for the iBTC Ecosystem

The iBTC ecosystem has announced a major milestone with onboarding InfStones as a new Attestor. This strategic collaboration strengthens the iBTC infrastructure, enhancing network security, and scalability by further decentralizing the attestor network, and leveraging InfStones’ world-class blockchain infrastructure.

As a Bitcoin Attestor for iBTC, InfStones is now part of an illustrious and growing list containing Stakin, Everstake, Validation Cloud, and Pier Two to mention a few. They will be critical in enabling programmatic, conditional Bitcoin payments by verifying Discreet Log Contract (DLC) outcomes. With its track record as a leading blockchain infrastructure provider, InfStones’ entry into the iBTC ecosystem is set to significantly enhance cross-chain operability, reduce the risks of single points of failure, and boost the decentralization of Bitcoin-based smart contract systems.

What is a Bitcoin Attestor?

A Bitcoin Attestor acts as a bridge between the Bitcoin ledger and other smart contract-enabled blockchains. By enabling cross-chain communication, Attestors facilitate trustless, conditional Bitcoin payments and ensure the integrity of Discreet Log Contracts (DLCs). They listen for blockchain events, announce the status of DLCs, and sign off on transaction outcomes using a private key.

Attestors are vital for enabling multi-chain compatibility and ensuring Bitcoin payments can be executed based on external events. This capability is essential for smart contract systems, decentralized finance (DeFi) applications, and escrow-based payments. By leveraging multiple Attestor nodes, the iBTC ecosystem avoids reliance on a single data source, reducing the risk of network downtime or data manipulation.

What is InfStones?

InfStones is a global blockchain infrastructure provider specializing in node management, Proof-of-Stake (PoS) staking, and Web3 connectivity. The company supports over 80 blockchain protocols and provides developers with tools to launch and manage nodes, stake tokens, and connect decentralized applications (dApps) with ease. Through multi-cloud deployment options, InfStones enables institutions, developers, and enterprises to rapidly scale their Web3 projects.

With a focus on security, flexibility, and automation, InfStones has become a trusted partner for industry leaders. Their services eliminate the complexity of blockchain infrastructure, allowing users to focus on development while relying on InfStones for reliable node operation, staking, and blockchain data integration.

For more information, visit InfStones’ Official Website.

The Role of InfStones as an iBTC Bitcoin Attestor

InfStones will assume a multi-faceted role as a key Attestor in the iBTC ecosystem, with the following responsibilities:

• Continuous Monitoring: InfStones will listen for new DLC creation or closing events on connected smart chains, including Ethereum and other supported blockchains.

• Event Announcements: Upon detecting DLC events, InfStones will issue event announcements and create a cryptographic signature used to form Contract Execution Transactions (CETs).

• Outcome Verification: As an Attestor, InfStones will verify the outcome of DLCs, ensuring accurate payment settlements and trustless transactions.

• Network Resilience: InfStones’ robust infrastructure adds a new layer of redundancy, ensuring that multiple Bitcoin Attestors are available to prevent system downtime and reduce reliance on a single node.

About iBTC

As a decentralized wrapped Bitcoin, iBTC leverages Discreet Log Contracts (DLCs) and Chainlink's Cross-Chain Interoperability Protocol (CCIP) to provide a theft-proof bridge to cross-chain DeFi, backed by the security of the Bitcoin network. iBTC unlocks yield for your Bitcoin in DeFi with the benefit of lower fees and merchant self-custody, empowering users to put their Bitcoin to work.

Join us as we embark on this exciting journey with iBTC! Follow our updated socials and become part of the iBTC community:

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