Bitcoin

<a href="https://ultramining.com/news/marathon-digital-povyshaet-energoeffektivnost-s-pomoshhyu-majnerov-s19-xp/">Marathon Digital Holdings</a> Inc., a leading entity in Bitcoin ecosystem support and security, has launched Anduro, a new multi-chain layer-two network designed to boost Bitcoin's functionality and promote wider adoption. Announced on February 28, 2024, Anduro serves as a springboard for blockchain developers facing scalability challenges on the existing Bitcoin network, according to <a href="https://ir.mara.com/news-events/press-releases/detail/1344/marathon-digital-holdings-introduces-anduro-a-new">Mara</a>. 
Anduro, incubated by Marathon, is a programmable network functioning atop Bitcoin's layer-one. It's crafted to operate as an application layer while reinforcing the incentives of Bitcoin’s Proof-of-Work mechanism. This innovation paves the way for multiple sidechains on the Bitcoin network, igniting a new era of potential within the ecosystem. Although Marathon has been integral in Anduro’s development, the platform will be steered by the community, aligning with a vision of decentralized governance and developer-centric growth. 
Marathon is already spearheading development on Anduro's first two sidechains, Coordinate and Alys. Coordinate is aimed at the Ordinals community, offering a cost-effective UTXO stack, while Alys provides an Ethereum-compatible environment suited for institutional asset tokenization. These projects highlight Anduro’s versatile programmability and the potential for further open-source contributions. 
Merge-mining is a key feature of Anduro's sidechains, allowing miners like Marathon to mine Bitcoin on the base layer while earning additional revenue from sidechain transactions. This process not only increases profitability for miners but also contributes to the robustness and sustainability of Bitcoin’s Proof-of-Work network. 
Fred Thiel, CEO and Chairman of Marathon, emphasized the company's commitment to fostering Bitcoin’s growth through projects like Anduro. This aligns with Marathon's strategy of expanding its technology stack and introducing new revenue streams. By enhancing Bitcoin's capabilities, Anduro is expected to spur Bitcoin’s adoption, which is beneficial for the entire Bitcoin community, including Marathon.

Marathon Digital Holdings Unveils Anduro, Pioneering a New Bitcoin Layer-Two Network

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