The interBTC project is a modular and programmable layer designed to integrate Bitcoin seamlessly into the multi-chain ecosystem. With its unique framework, developers can create decentralized finance (DeFi) applications and utilize smart contracts in a user-friendly environment. In this blog, we’ll walk you through getting started with interBTC, including installation, configuration, and troubleshooting tips.

Table of Contents

• About the Project
• Getting Started
• Prerequisites
• Installation
• Contributing
• License
• Contact
• Acknowledgements

About the Project

The interBTC project acts as a bridge for Bitcoin within a decentralized framework. It comprises:

• A collateralized and permissionless Bitcoin bridge based on XCLAIM
• A DeFi hub featuring a Rust-native Uniswap v2-style AMM, Curve v1-style AMM, and Compound v2-style money market
• EVM-compatible smart contracts
• Bridges to other smart contract chains
• A Rust smart contract layer for interaction

Getting Started

Prerequisites

To get started, make sure you have Rust installed. You can easily install it using this command:

curl https://sh.rustup.rs -sSf | sh

You will also need to install the following dependencies:

• cmake
• clang (=10.0.0)
• clang-dev
• libc6-dev
• libssl-dev

Installation

Building interBTC requires a specific Rust toolchain and nightly compiler version. You’ll find the requirements in the .rust-toolchain.toml file. To verify and set up the toolchain, use:

rustup show

Once you have the toolchain set up, you can build the project by running:

cargo build

Understanding the Code: An Analogy

Think of the interBTC project like building a city (the multi-chain ecosystem) where the interBTC framework acts as the city’s infrastructure. Each component, like bridges (Bitcoin bridges), roads (smart contracts), and areas dedicated to businesses (AMM implementations), work together to facilitate trade and interaction in this city. The various “blocks” (crates) serve as different neighborhoods, each with its unique features (e.g., reward distribution, vault management, etc.) that complete the entire ecosystem.

Troubleshooting

If you encounter issues during installation, check the following:

• Ensure that all prerequisites are correctly installed.
• Verify that you are using the correct Rust toolchain and compiler version.
• Check for compatibility issues as listed in the project documentation.

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Contributing

If you’re excited about contributing, please file an issue on GitHub or reach out via our Discord channel.

License

interBTC is licensed under the terms of the Apache License (Version 2.0). See the LICENSE file for details.

Contact

For more information, check out our Linktree, visit our website, or follow us on Twitter.

Acknowledgements

This project receives support from the Web3 Foundation grant and the Substrate Builders Program.

At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations.