Deep Dive
1. BRC2.0 Compatibility (18 July 2025)
Overview: Multibit’s codebase now fully supports BRC2.0, an upgraded Bitcoin token standard enabling richer metadata and smart contract-like functions.
This update allows users to transfer tokens between Bitcoin and Ethereum ecosystems with reduced friction. Developers implemented new inscription methods and validation logic to align with BRC2.0’s expanded data fields.
What this means: This is bullish for MUBI because it positions the protocol as a leader in Bitcoin-Ethereum interoperability, potentially attracting projects seeking advanced cross-chain functionality. Users benefit from faster, cheaper transfers.
(Source)
2. OrdiStrategy Integration (13 July 2025)
Overview: Code integration with OrdiStrategy enables automated BRC-20 portfolio management directly through Multibit’s bridge.
The update added API endpoints for real-time ORDI token analytics and risk parameters. Smart contracts were modified to handle conditional cross-chain swaps based on OrdiStrategy’s yield-optimization signals.
What this means: This is neutral for MUBI as it expands utility but introduces dependency risks. Traders gain tools to automate Bitcoin-Ethereum arbitrage strategies, though success hinges on OrdiStrategy’s performance.
(Source)
3. Permanent Bitcoin Anchoring (8 July 2025)
Overview: Code optimizations ensure Multibit’s bridge operations are irreversibly tied to Bitcoin’s blockchain via enhanced Taproot scripting.
Developers reduced OP_CODE redundancy in transaction batches and implemented Schnorr signature aggregation, cutting average gas costs by 18% compared to June 2025 metrics.
What this means: This is bullish for MUBI because lower fees and stronger Bitcoin anchoring improve user retention. The changes make the bridge more attractive versus competitors relying on centralized validators.
(Source)
Conclusion
Multibit’s recent updates prioritize Bitcoin-centric interoperability and cost efficiency, aligning with its role as a BRC-20 liquidity hub. While technical improvements enhance functionality, adoption depends on broader Bitcoin tokenization trends. Will Bitcoin’s evolving token standards outpace Multibit’s ability to adapt?