Ola Documentations ₿
Ola Documentations ₿
Ola Documentations ₿
  • Welcome to Ola
  • Ola Introduction
    • Sin7y Labs
    • Our investors
    • Our Ecosystem Partners
    • Important Links
    • Ola Foundation
    • Ola Tokenomics
      • $OLA Total Supply
      • $OLA Utility
      • $OLA Distribution and Vesting Plan
    • Ola Roadmap
    • Ola Important Timeline
  • Bitcoin's Potential with Ola
    • The State of Bitcoin
    • Current Limitations
    • The Future of Bitcoin
    • Ola: A Trust-Minimized Decentralized BTC Infrastructure
    • Bitcoin's Future with Ola
  • Ola Network Core Components: Onis & Massive
    • Onis
      • 1. Introduction
      • 2. Challenges in Cross-Chain Interoperability
      • 3. Ola Solution: A trust-minimized BTC Cross-Chain Network
        • 3.1 Core Technical Architecture
        • 3.2 Permissionless Slashable Bridge Paradigm for Bitcoin
        • 3.3 Trust Nobody, Bridge Yourself
        • 3.4 Customize Bridge Strategies
        • 3.5 Application of ZK Technology
      • 4. Use Cases for Ola
      • 5. Key Advantages of Ola
      • 6. Future Roadmap
        • Technological Development
        • Ecosystem Expansion
        • Feature Updates Timeline
        • Long-Term Vision
      • 7. Conclusion
    • Massive
      • 1. Introduction
      • 2. Modular Design
      • 3. Key Functions of Massive
      • 4. Enhancing User Earnings Benefits for Users
      • 5. Powering Secure Ola Cross-Chain Interoperability
      • 6. How Massive Contributes to the Bitcoin Ecosystem
      • 7. Conclusion
  • How Users Earn Sustainable and Multiple Rewards in Ola Ecosystem
    • Ola: A Comprehensive Earning-Enhancing Layer
      • Massive: ZK Verification and Reward Network
      • Onis: Cross-Chain Interactions and Security
      • Multi-Stream Earning Opportunities for Users
    • Conclusion
  • Ola Community Hub
    • Ola Community Overview
    • Empowering the Community as Verifiers and Supervisors
    • Earnings and Rewards: Building a Sustainable Ecosystem
    • Vote and Propose on Ola
      • How to Vote
        • Who can vote
        • Procedure
        • Voting power
      • How to Propose
        • Who can make proposals
        • Procedure
        • How to edit or delete your proposal
        • Proposal status
      • Decision-making Approach
      • Check results
      • The Importance of Proposals and Voting
    • Community Loyalty Program
      • OVP Program
      • Ambassador Program
      • Builder Program
        • FAQs
        • How to apply for the Community Builders Program?
        • What incentives are included in the Community Builders Program?
        • How will the rewards and incentives be distributed?
        • What types of projects get incentives?
        • Criteria
    • Online Communities
      • Ola X, Discord & TG
    • Local Communities
      • Global Twitter communities
      • Other Resources
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  1. Bitcoin's Potential with Ola

Current Limitations

Despite Bitcoin's dominance, existing cross-chain solutions for BTC assets face significant security concerns. Current approaches, such as multi-signature models used in wrapped Bitcoin (WBTC, TBTC, etc.), have been met with skepticism due to their centralized trust models and the risk of asset mismanagement. These limitations have hindered the free movement of Bitcoin's vast liquidity across different ecosystems, restricting its potential in DeFi and other applications.

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Last updated 6 months ago