Why Nostr? What is Njump?
2023-10-09 15:43:40

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
Author Public Key
npub1alcgnx5d868d046jfwr0tfc80s0v88hrqhqezuut9xcth73qlepqm6l2uf