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A Simplified Interpretation of BitVM: How to Verify Fraud Proofs on the BTC Blockchain
Intermediate

A Simplified Interpretation of BitVM: How to Verify Fraud Proofs on the BTC Blockchain

This article interprets the BitVM whitepaper, presenting the concept of BitVM: Data does not need to be on-chain initially; it is published and stored off-chain, with only a Commitment stored on the blockchain.
2/23/2024, 7:59:36 AM
Four Key Features of RGB++ Layer: The Hub of BTCFi and the UTXO World
Advanced

Four Key Features of RGB++ Layer: The Hub of BTCFi and the UTXO World

Built on the RGB++ protocol, the RGB++ Layer utilizes homomorphic binding and Leap technology to provide a seamless cross-chain interaction experience for native RGB++ assets or inscriptions/runes across UTXO-based blockchains like BTC, CKB, and Cardano without the need for cross-chain bridges. Leveraging CKB's Turing-complete smart contract environment, it establishes the necessary conditions for Bitcoin to achieve complex DeFi functions from asset issuance.
8/14/2024, 1:36:28 PM

Your Gateway to Crypto World, Subscribe to Gate for A New Perspective

Your Gateway to Crypto World, Subscribe to Gate for A New Perspective