TBV is basically Bitcoin's answer to a problem everyone already knows about...
Bitcoin script can't lock down how coins get spent later.
That's why every bridge before this needed a group of people holding the keys...
TBV skips that. The BTC stays in one Taproot UTXO from deposit to redemption, and the rules for spending come from the script itself, not from people.
Redemption checks something on-chain, like whether a loan got paid back, then sends the BTC straight to whoever's redeeming.
No one holds it in between.
What I'm watching for is the messy part.
Disputed claims, contested redemptions, cases nobody planned for.
The fraud-proof window looks clean on paper.
I want to see it hold up in a real fight, not just a test run.
@BabylonLabs_io $BABY #baby
Bitcoin script can't lock down how coins get spent later.
That's why every bridge before this needed a group of people holding the keys...
TBV skips that. The BTC stays in one Taproot UTXO from deposit to redemption, and the rules for spending come from the script itself, not from people.
Redemption checks something on-chain, like whether a loan got paid back, then sends the BTC straight to whoever's redeeming.
No one holds it in between.
What I'm watching for is the messy part.
Disputed claims, contested redemptions, cases nobody planned for.
The fraud-proof window looks clean on paper.
I want to see it hold up in a real fight, not just a test run.
@BabylonLabs_io $BABY #baby