Recently, Bhargav Kacharla, founder of BitArch, joined Block Tour for an AMA session to discuss his project, its vision, and its future plans. For those unfamiliar, BitArch serves as a liquidity layer for Bitcoin transactions, addressing key challenges in the expanding Bitcoin ecosystem.
What is BitArch?
As the Bitcoin ecosystem has grown, especially with the rise of Layer 2 (L2) solutions, navigating cross-chain transactions has become increasingly complex. Many users struggle with the variety of tokens and chains, leading to confusion over which token to use when transitioning between different chains. This is where BitArch steps in.
“BitArch simplifies cross-chain transactions, so users don’t have to worry about which token or bridge to use,” Bhargav explained. The platform acts as an “Omni-Chain Liquidity Network,” supporting multiple chains, not just the popular ones like Ethereum and Solana.
While other platforms often restrict themselves to specific bridges, BitArch aggregates quotations from different bridges, allowing users to manage their cross-chain transactions with ease.
Inspiration Behind BitArch
Bhargav’s journey into blockchain began after years of experience as a software engineer. As he explored the Bitcoin ecosystem, he noticed the absence of a comprehensive solution for cross-chain transactions. “There was no bridge that supported all ecosystems. That’s when I realized the need for a one-stop solution,” he shared.
This led to the creation of BitArch, designed to bridge the gap between various blockchains, making it easier for users, especially those transitioning into the BTC ecosystem, to navigate cross-chain liquidity challenges.
Unique Features and Security
One of BitArch’s standout features is its ability to perform multi-hop transactions. For instance, if there’s no direct bridge between Solana and Bitcoin, BitArch can facilitate the transaction by routing it through Ethereum, ensuring seamless cross-chain operations.
Security is a top priority for BitArch. The platform collaborates with bridges monitored by top firms to ensure the highest levels of protection.
Bhargav emphasized, “Whenever a bridge is compromised, we simply disable it and use alternative bridges.”
BitArch has recently hit significant milestones with two major integrations aimed at enhancing cross-chain functionality.
The first is the partnership with Skip Protocol, enabling seamless ATOM-to-BTC swaps. This integration allows users to perform smoother cross-chain transactions through the BitArch Bridge, further simplifying the user experience.
Additionally, BitArch has integrated Cosmos into its ecosystem, offering ATOM holders access to the Bitcoin blockchain.
With this integration, users can effortlessly swap ATOM for BTC and ETH, while also purchasing Runes via the BitArch Runes Marketplace. These integrations mark another step towards making BitArch a comprehensive, cross-chain solution.
Future Plans
Looking ahead, BitArch is prioritizing user experience, an area Bhargav identifies as a key challenge in the Web3 space. By incorporating community feedback, the team is committed to improving the onboarding process for a smoother user journey.
BitArch also plans to launch its own wallet, enabling users to trade various tokens and ordinals through a single interface.
Additionally, the platform will integrate Layer 2 solutions like Stacks to enhance transaction speed, allowing for more consumer apps to be built on top of this network.
Excitingly, BitArch plans to reward users who transact on the platform with tokens that will be redeemable once their native token launches. As Bhargav teased, “Keep an eye out for BitArch announcements.”
