đ "BitVM: Compute Anything on Bitcoin" research paper proposes a new method for executing complex computations & smart contracts on the #Bitcoin network! đ§
Key points:
- Users verify BTC computations without on-chain execution
- Uses prover-verifier model
- No changes to Bitcoin's consensus rules needed
- Potential applications: cross-chain asset bridging, prediction markets & more
- Limited to 2-party setting
đ€ What do you think of this approach to expand Bitcoin's smart contract capabilities? Share your thoughts below! đ