Miami, June 3, 2023 – BTCDomain, a leading pioneer in the Bitcoin industry, made a remarkable impact at the Miami Bitcoin Conference with their groundbreaking technological advancements. Under the visionary leadership of founder Jay Lee and his team, BTCDomain showcased their cutting-edge innovations at prestigious events including the Bitcoin Builders Conference 2023, Ordinals 2023, Smart Bitcoin 2023, and Bitcoin 2023 Conference.

A highlight of their achievements was the introduction of BTCDomain, the industry’s first intelligent application based on the revolutionary Ordinals protocol and zero-knowledge proof. Spearheaded by Smart Bitcoin Labs, BTCDomain collaborated with esteemed Bitcoin accelerators, BTC STARTUP LAB and Bitcoin Frontier Fund, to host an exclusive networking event called the “Only Bitcoin Founders & Investors Mixer.” The event witnessed the convergence of founders and investors from various accelerators, with BTCDomain being invited as a participant by Smart Bitcoin Labs.

Jay Lee, representing BTCDomain, captivated the audience of investors and industry leaders by demonstrating how Smart Bitcoin’s vision can be realized using the Bitcoin mainnet as a trusted data availability layer and leveraging zero-knowledge proof as a secure computation method. BTCDomain employs the innovative Ordinals technology to embed comprehensive metadata about domain names, including details such as “name,” “first_owner,” “expireDate,” and “sig,” directly into the Bitcoin chain. This ensures the permanent accessibility and utilization of Bitcoin domains as long as the Bitcoin network exists.

To address concerns of potential BTC losses resulting from malicious domain resolution, BTCDomain has incorporated Zero-Knowledge (ZK) proof technology. The company plans to open-source its domain resolution program and perform it each time domain resolution services are provided, generating transparent resolution results along with corresponding ZK proofs. Users can easily verify these proofs to ensure the authenticity of the resolution program, without the need for a Bitcoin full node. This approach enables users to obtain trustworthy domain resolution results without compromising security.

In a significant move, Smart Bitcoin Labs introduced the inaugural Smart Bitcoin 2023, a permanent side-event to the annual Bitcoin Conference. This event serves as a platform for developers and investors dedicated to advancing the intelligence of Bitcoin chains through themed discussions. At Smart Bitcoin 2023, the lab declared its mission to transform Bitcoin into the most flexible smart public chain and establish itself as the largest startup incubator in the Bitcoin ecosystem.

The conference hosted esteemed panels featuring prominent figures such as Jay Lee, founder of BTCDomain, z3th, founder of Ordz Games, Bruce, founder of AstroX, and U-Zyn, co-founder of Ordzaar on the Founders Panel. The Financial Institutions Panel comprised distinguished guests including Kevin Shao, co-founder of Bitrise Capital, Simon Li, founder of Chain Capital, Adam, CEO of Virgo Group, Kaimin, CBO of Bitmart, and Daniel, founder of NoRamp.

Jay Lee expressed his perspective on Bitcoin smart applications, stating, “BTCDomain has successfully implemented intelligent applications on the BTC network, and the entire ecosystem is progressing at an unprecedented pace. While most people in the United States are familiar with Ordinals, only a few know about BRC20. The emergence of Ordinals has significantly elevated the importance of intelligent Bitcoin in today’s era.” William Xu, co-founder of Smart Bitcoin Labs, presented a groundbreaking theory, describing Bitcoin as a brain that has only tapped into 2% of its potential. He emphasized that further development through technologies like Ordinals could trigger explosive growth in Bitcoin applications, even with a small increase from 2% to 3%.

As the conference concluded, Smart Bitcoin Labs, as a co-founding member of Ordinals Vision DAO, along with senior Bitcoin investor Kevin Shao, jointly announced the initiative declaration of Ordinals Vision DAO.

BTCDomain’s groundbreaking technological advancements continue to shape the future of the Bitcoin ecosystem. Their outstanding performance at the Bitcoin 2023 Conference garnered widespread recognition. With the rise of Smart Bitcoin, we can expect a surge of technological innovations and breakthroughs. BTCDomain, as a prominent leader in the field, showcases the limitless potential of Smart Bitcoin, opening up new realms of possibilities for all stakeholders. The future of Bitcoin is now taking shape, and we eagerly await the remarkable journey ahead.

For media inquiries, please contact:
Website: https://www.btcdomains.io/
Document: https://docs.btcdomains.io/
Twitter: @btcdomain_btc
Medium: https://medium.com/@btcdomain
GitHub: https://github.com/btcdomain
Discord: https://discord.gg/btcdomain
Telegram: https://t.me/btcdomain_btc

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