janusz on Nostr: We did a review on ICP. They call themselves a Bitcoin L2 in some marketing stuff. ...
We did a review on ICP. They call themselves a Bitcoin L2 in some marketing stuff.
Tl;dr is that they have a blockchain of 28 nodes managing their BTC multisig and sidechain. Some other depedencies, but this is the main trust assumption.
It takes 10 of the 28 nodes to collude and steal user funds.
Review here:
https://www.bitcoinlayers.org/layers/internetcomputerPublished at
2024-07-09 16:45:34Event JSON
{
"id": "fac6e784356a8d75d864a0622987b8b85a5decb8c066411373ed69931fe74b57",
"pubkey": "e0294377931ac2bc81f5a49d6e1a2eb7868cfed9709b09178ef5d6c1dad04079",
"created_at": 1720543534,
"kind": 1,
"tags": [],
"content": "We did a review on ICP. They call themselves a Bitcoin L2 in some marketing stuff.\n\nTl;dr is that they have a blockchain of 28 nodes managing their BTC multisig and sidechain. Some other depedencies, but this is the main trust assumption.\n\nIt takes 10 of the 28 nodes to collude and steal user funds.\n\nReview here: https://www.bitcoinlayers.org/layers/internetcomputer",
"sig": "e88289258348fa161448cc7f2a972ffa3fb98fcfd503d50b482f538f995645337a95dbaa745a3fee10a85145dc1e4a3d8ad32ea3ca8660ee47eca15cf3a4d12a"
}