This article will explore the development history of BitVM, its current status, the key engineering efforts behind it, and the outstanding contributions made by Bitlayer as an important contributor to the BitVM ecosystem.
JinseFinanceThis article will introduce the basic ideas of BitVM, Bitcoin script and isolated witness.
JinseFinanceBitVM, BTC, Approaching BTC: Background knowledge needed to understand BitVM Golden Finance, In-depth understanding of BitVM and other technologies
JinseFinanceTeams such as Bitlayer and Citrea adopted the BitVM bridge solution, introduced pre-signatures, and combined the idea of channels, allowing users to limit the processing flow after deposit execution before officially depositing, and not giving the cross-chain bridge official the opportunity to misappropriate user deposits.
JinseFinanceBitVM is the newest hot protocol in the Bitcoin ecosystem, with the potential to benefit every project built on Bitcoin. Let’s talk about the design of BitVM and the new possibilities it opens up for Bitcoin.
JinseFinanceBitVM, Layer 2, BTC, IOSG | BitVM: The dawn of Bitcoin programmability Golden Finance, the rapid expansion of Bitcoin expansion solutions
JinseFinanceBitVM2 is a bold variant: anyone can serve as a validator.
JinseFinanceAlthough BitVM technology has great advantages in Bitcoin expansion, it is still in its early stages and there are still some problems in terms of efficiency and security.
JinseFinanceBitVM focuses on enhancing Bitcoin's scalability and addressing Lightning Network limitations without replicating Ethereum's DeFi, preserving Bitcoin's core principles and security
Cheng YuanBitVM, introduced by ZeroSync, aims to enhance Bitcoin's smart contracts, making it more expressive and capable without requiring a consensus upgrade
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