Bitcoin side protocol Side Protocol will launch a modular settlement layer and launch the first phase of the test network

Side Protocol announced that it will expand the Bitcoin network through modular technology stacks and launch the first phase of the testnet. As a key step in the roadmap, the team will introduce a Bitcoin sidechain as the settlement layer of the modular rollup. The settlement layer will be designed for proof of verification, liquidity unification, value exchange, and interoperability across rollups. In addition, Side Protocol will use Cosmos technology stacks and IBC protocols to facilitate seamless value transfer between the Bitcoin and Cosmos ecosystems.