Bitcoin developer Robin Linus of ZeroSync has unveiled “BitVM,” which proposes to bring Ethereum-like contracts to life on Bitcoin. Its architecture is based on fraud proofs and its implementation doesn’t require a hard fork.
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.“BitVM: Compute Anything on Bitcoin” by ZeroSync’s project lead Robin Linus, BitVM enables Turing-complete Bitcoin contracts without altering Bitcoin’s consensus rules.
“Potential applications include games like Chess, Go, or Poker, and particularly, verification of validity proofs in Bitcoin contracts.” Linus said a limitation of the model is that it is limited to a two-party setting with a prover and a verifier and that a significant amount of off-chain computation and communication is needed to execute programs.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bull Run Speculations: Ethereum And Bitcoin Spark Two High-Potential CryptocurrenciesCrypto Blog
Lire la suite »
Bull Run Speculations: Ethereum And Bitcoin Spark Two High-Potential CryptocurrenciesCrypto Blog
Lire la suite »
Green Choices in the Crypto Market Bitcoin and Bitcoin SparkBitcoin (BTC) and Bitcoin Spark (BTCS) have made waves in recent times, with their prices painting green
Lire la suite »
Ethereum Foundation Just Sold Millions in ETH Before Price Made Another DropA large ETH sell transfer made by Ethereum Foundation was spotted before the price continued with its fall
Lire la suite »
Ripple (XRP) Might Explode Alongside Bitcon and Ethereum: Here’s Why (Report)Crypto Blog
Lire la suite »
Ethereum's Vitalik Buterin Attracts More Criticism from Cardano's HoskinsonEthereum co-founder Vitalik Buterin's recent discussions on potential staking pool changes to bolster decentralization have triggered criticisms from Charles Hoskinson, Cardano's founder
Lire la suite »