A minimalist interpretation of BitVM: How to verify fraud proof on the BTC chain
At present, Bitcoin Layer 2 has become a craze, and it is said that there are dozens of projects that self-position themselves as "Bitcoin Layer 2" on the market.
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At present, Bitcoin Layer 2 has become a craze, and it is said that there are dozens of projects that self-position themselves as "Bitcoin Layer 2" on the market.
The main goal of this design is to build a specially customized Layer 2 network for the Bitcoin blockchain.
So how to put a piece of Verifier logic in the Bitcoin network?
BitVM focuses on enhancing Bitcoin's scalability and addressing Lightning Network limitations without replicating Ethereum's DeFi, preserving Bitcoin's core principles and security
BitVM, 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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Chairman of the U.S. SEC recently congratulated the whitepaper or Bitcoin white book written by Satoshi Nakamoto, the creator of BTC.
The Bitcoin white paper is only 9 pages long, but it contains enough to change the world. Here's how it came to be 13 years ago.