1 / 1 Relevant items tagged with #BitVM

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A Last Resort: Un'FE'd Covenants For Bitcoin

[Dec 16 6:46 PM] Jeremy Rubin released a proposal two weeks ago titled Un’FE’d Covenants (FE = Functional Encryption). Given the ongoing debate over covenant proposals for Bitcoin the last year or two, his proposal marks a new practical option. All covenant…

How Viable Are BitVM Based Pegs?

[Nov 21 5:43 PM] BitVM earlier this year came under fire due to the large liquidity requirements necessary in order for a rollup (or other system operator) to process withdrawals for the two way peg mechanisms being built using the BitVM design. Galaxy, an investor…

Bitcoin Developers Working With StarkWare, Blockstream Claim Breakthrough on Covenants

[Nov 7 7:19 PM]

Bitcoin Rollup Citrea Aims to Make BTC a Programmable Asset With ZK Proofs, Raises $14M Series A

[Oct 31 1:00 PM] The goal of allowing greater utility on the Bitcoin blockchain is one of almost existential importance, according to Citrea

Bitcoin Project BOB Maps Out How the Original Blockchain Could Take Over DeFi

[Oct 24 2:04 PM] "If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi," BOB co-founder Alexei Zamyatin, told CoinDesk.

Citrea Launches Testnet to Enable Bitcoin-Based Decentralized Applications

[Sep 25 3:45 PM] Citrea has launched its public testnet, creating a solution to allow Ethereum Virtual Machine (EVM) developers to access Bitcoin’s blockspace. The team believes this is testnet marks a significant step toward using Bitcoin as a settlement…

Bitcoin Rollup Citrea Deploys BitVM-Based Bridge 'Clementine' on Testnet

[Sep 24 2:00 PM]

BitVM Version 2 Introduces New Era for Bitcoin L2 Scaling Solutions

[Aug 18 8:30 PM] On Aug. 15, 2024, the white paper for BitVM2 was published, outlining significant advancements in Bitcoin’s layer two (L2) capabilities. Building on the foundation laid by BitVM version 1, BitVM2 aims to bridge Bitcoin to second layers with…

Bitcoin sidechain creators tout new ‘permissionless’ version BitVM2

[Aug 16 1:54 AM] Robin Linus has unveiled a new whitepaper for BitVM2 and BitVM Bridge, two new developments that offer significant improvements to the original version of BitVM.

‘Dark Skippy’ method can steal Bitcoin hardware wallet keys

[Aug 8 10:45 PM] Malicious firmware can embed secret data into a public Bitcoin transaction, which the attacker can then use to extract a person’s seed words.

Bitcoin's Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says

[May 1 11:32 AM]

The BitVM Liquidity Crunch Issue

[Apr 9 12:40 PM] BitVM has recently come under some scrutiny after the Taproot Wizards, Tyler and Rijndael, posted their criticism of the liquidity requirements imposed on the operator of a BitVM based two-way peg. In all the recent discussions around BitVM based…

BitVM 2: Opening Up The Playing Field

[Apr 2 8:00 AM] Last October Robin Linus from Zerosync dropped a bit of a bomb in the form of BitVM. One of the longest running criticisms of Bitcoin is that it is not possible to make arbitrary programs to control how money is spent or locked. Bitcoin only has a…

Bitstream White Paper Proposes Bitcoin Payments to Disrupt File Storage Economy

[Nov 12, 2023 1:30 AM] Robin Linus, the creator behind BitVM — a computing construct atop the Bitcoin blockchain — released a new white paper on November 11, 2023, entitled “Bitstream.” The document explores a system aimed at reforming the…

Bitcoin’s Fifteen Years Of Evolution: A Look Beyond the Original Whitepaper

[Oct 31, 2023 9:30 AM] Today is fifteen years from the date of the publication of the Bitcoin whitepaper. A lot has happened in that fifteen years. Bitcoin went through the blocksize war. A nation state has adopted Bitcoin. We are possibly on the verge of a Bitcoin ETF…

Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin

[Oct 18, 2023 6:05 PM] Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs.

BitVM’s goal is to scale Bitcoin, not be a pseudo-Ethereum, says dev

[Oct 12, 2023 4:54 PM] Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet.

BitVM: But Can It Run DOOM?

[Oct 12, 2023 2:11 PM] Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates.______________________________________________________________So, some…

Computable Functions Verified on Bitcoin — How BitVM Seeks to Elevate BTC’s Smart Contract Game

[Oct 11, 2023 5:30 PM] A new computing model, BitVM, aims to enhance Bitcoin’s smart contract capabilities without requiring changes to the blockchain’s consensus rules. The white paper, published on October 9, 2023, has drawn significant attention and its…

Bitcoiner drops BitVM paper — bringing Ethereum-like contracts to Bitcoin

[Oct 9, 2023 6:33 PM] The author of the white paper, Robin Linus, based BitVM’s architecture on Ethereum’s optimistic rollups with fraud proofs and recent Merkle tree developments.

The Big Deal with BitVM: Arbitrary Computation Now Possible on Bitcoin Without a Fork

[Oct 9, 2023 2:37 PM] ​​Fear the wizards. Not those wizards, real wizards. Announced today by developer Robin Linus of ZeroSync, an association founded to help scale Bitcoin by using zero-knowledge proofs, BitVM is a proposal that opens very interesting doors for…