Feb. 29: Marathon Digital Holdings, a publicly-traded bitcoin mining agency, disclosed it has been incubating Anduro, a brand new programmable, multi-chain layer-2 community atop the Bitcoin blockchain. It is a “platform constructed on the Bitcoin community that enables for the creation of a number of sidechains,” in accordance with a press launch. “Marathon is already growing the primary two sidechains on Anduro, Coordinate and Alys, which might be additional developed by open-source contributors. These chains display Anduro’s versatile programmability. Coordinate gives a cheap UTXO stack for the Ordinals neighborhood, whereas Alys is an Ethereum-compatible chain for institutional asset tokenization. Anduro’s sidechains make the most of a course of known as merge-mining. Collaborating miners, like Marathon, could possibly earn Bitcoin-denominated income from transactions that happen on Anduro’s sidechains whereas persevering with to mine bitcoin on the base-layer uninterruptedly.”
