Justin Nakamoto-San ☑️ on Nostr: What does bitvm do in human terms? "BitVM is a computing paradigm to express ...
https://bitvm.org/What does bitvm do in human terms?
"BitVM is a computing paradigm to express Turing-complete Bitcoin contracts. This requires no changes to the network’s consensus rules. Rather than executing com- putations on Bitcoin, they are merely verified, similarly to optimistic rollups. A prover makes a claim that a given function evaluates for some particular inputs to some specific output. If that claim is false, then the verifier can perform a succinct fraud proof and punish the prover. Using this mechanism, any computable function can be verified on Bitcoin."
#bitvm
Published at
2023-10-09 15:43:40Event JSON
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"content": "https://bitvm.org/\n\nWhat does bitvm do in human terms?\n\n\"BitVM is a computing paradigm to express Turing-complete Bitcoin contracts. This requires no changes to the network’s consensus rules. Rather than executing com- putations on Bitcoin, they are merely verified, similarly to optimistic rollups. A prover makes a claim that a given function evaluates for some particular inputs to some specific output. If that claim is false, then the verifier can perform a succinct fraud proof and punish the prover. Using this mechanism, any computable function can be verified on Bitcoin.\"\n\n#bitvm",
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