[Developer: BitVM aims to scale Bitcoin, not emulate Ethereum] Golden Finance reported that Bitcoin developer Super Testnet reiterated that the purpose of BitVM is to scale Bitcoin, not to launch decentralized financial applications similar to Ethereum on the network. The white paper of BitVM was released on October 10 by Robin Linus, the project leader of ZeroSync, and technical support was provided by anonymous developer Super Testnet, which implemented the first proof of concept of BitVM and worked to expand the functionality of BitVM. After the release, some industry experts believed that BitVM would bring DeFi to Bitcoin, just as the Ethereum Virtual Machine (EVM) did for Ethereum. Super Testnet said that building a decentralized exchange on Bitcoin would be a "step backwards". BitVM focuses on capacity expansion, rather than implementing smart contracts and a large number of altcoins. The real killer application is to scale Bitcoin. In addition, BitVM can fix a flaw in the Lightning Network.
