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VerifiedX Launches Bitcoin DeFi Sidechain
Description
VerifiedX introduces a new Bitcoin sidechain, aiming to bring DeFi capabilities directly to Bitcoin, making it more programmable without altering its core principles. This reliever chain offers a bridge between Bitcoin maximalists and the broader DeFi ecosystem, using self-custodial architecture and taproot-based addresses for programmable Bitcoin ownership. The project emphasizes privacy, addressing institutional demands for secure and confidential financial transactions, and taps into the growing trend of native, secure, and private DeFi solutions on Bitcoin.
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