🤣🚀 A new paradigm called BitVM, which enables Ethereum-style smart contracts on the Bitcoin network, was revealed in a research paper published this week.

🧠 BitVM's goal is to make Bitcoin contracts Turing-completeable and not make the network more complex for other users.

💡 With BitVM, calculations are performed off-chain and then verified on-chain, similar to optimistic rollups in Ethereum.

🤓 “This enables more meaningful smart contracts in Bitcoin,” wrote Robin Linus. “Specifically, it provides the functionality we think we need for a soft fork.”

🔥 Discussions about BitVM's limitations have already begun! What do you think this development means for Bitcoin? We are waiting your comments! 😄👇#Bitcoin#BitVM #smartcontracts