BitVM Club
@Bitvmclub
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BitVM Enthusiasts Club. Focusing on the progress and knowledge base development of BitVM and BTC Layer2 projects. Telegram:
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BitVM Weekly Report 2024.7.15 - 2024.7.21
2024.7.21
The BitVM project has successfully merged a pull request () that implements the full version of Algorithm 9 from the "On Proving Pairings" paper(). This includes:
1⃣- Utilizing the
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BTC Layer2 69 projects overview
Include
Category\Name\EVM Support\Stage\EST\Token\Token Price\Market Cap
BitVM Club is focusing on the progress and knowledge base development of BitVM and BTC Layer2 projects.
Hope to help everyone understand the information about BTC Layer2
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On May 1st, the BitVMX whitepaper was released at . The BitVMX team comprises members from Rootstock Labs
@RootstockLabs
and Fairgate Labs
@FairGateLabs
, with Rootstock Labs being the primary sponsor.
BitVMX aims to serve as a general-purpose computing CPU
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Rootstock
@rootstock_io
is building a bridge based on BitVM.
"We are working to present to the
@rootstock_io
community a better bridge based on BitVM," chief scientist
@SDLerner
told The Protocol podcast in exclusive interview... Sergio Demian Lerner also discusses Bitcoin halving, L2s and "Patoshi pattern" $BTC
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BTC Layer2 65 Projects Overview
BitVM Club not only focuses on the progress of BitVM technology and related projects but also closely monitors the development of BTC Layer2 projects. In the following weeks, we will provide updates on the BTC Layer2 project collection. The
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Projects built on the BitVM technology.
If there are other projects implemented based on BitVM, feel free to leave a message.
Bitlayer
@BitLayerLabs
Stage : Testnet
The first Bitcoin security-equivalent Layer 2 based on BitVM;
Citrea
@citrea_xyz
Stage : Pre Testnet
The first
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BitLayer has officially launched the $50 million ecological incentive plan
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Check out the website showcasing an amazing collection of BTC Layer 2 projects.
@Blockchair
We're launching 🥷 — a full list of existing and upcoming L2s on Bitcoin! Currently listing 55 of them and constantly working on enriching the data!
Also we'll be managing a Twitter List where you can follow all of them at once:
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Bi-Weekly Dose of Bitcoin L2
#May
5th, 2024
Better late than never
@Bitvm_cn
The Bi-Weekly Dose of Bitcoin L2 covers a lots of events and researches
@build_on_bob
@udiWertheimer
@bounce_bit
@babylon_chain
@Owlto_Finance
@BitlightLabs
@TNA_Protocol
@BotanixLabsCN
@AlpenLabs
@BVMnetwork
#Bitcoin
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BOB Announces its $10M Seed Round Led by Castle Island Ventures!
Congratulations👋👋👋
@build_on_bob
We're thrilled to announce: 𝐁𝐎𝐁 𝐡𝐚𝐬 𝐬𝐞𝐜𝐮𝐫𝐞𝐝 𝐚 $𝟏𝟎𝐌 𝐬𝐞𝐞𝐝 𝐫𝐨𝐮𝐧𝐝 led by Castle Island Ventures, alongside other leading investors! 🎉
This pivotal moment fuels our mission to launch the first hybrid L2 - a blend of Bitcoin's security and Ethereum's
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Weikeng Chen
@weikengchen
from L2Iterative
@l2iterative
contributed a PR for u32 mul to BitVM, It took 3705 bytes in Bitcoin script. The PR has been merged now.
just contributed a PR for u32 mul to BitVM. It took 3705 bytes in Bitcoin script. This suffices for fraud proofs.
Can you do better? Submit a PR today to BitVM.
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Thoughts on BTC Layer2 from the Co-Founder of Bitlayer
@BitLayerLabs
Bitlayer
The first Bitcoin security-equivalent Layer 2 based on BitVM
Quick Thoughts from the Dubai Satoshi Round Table by the Founder of Stacks:
Yesterday's Bitcoin L2 (Layer 2) conference was the largest
来自 stacks 创始人的迪拜Satoshi Round Table快速思考：
昨天的比特币L2（第二层）会议是我在这里见过的最大的一次会议。人满为患，有5个比特币L2项目在场。
今天，关于比特币L2、BitVM、锚定安全、比特币DeFi等正在进行多个并行会议。
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4 BTC Layer2 Information Aggregation Websites
BTC Layer2 is destined to be an important track in this bull market cycle, and more and more Layer2 data aggregation websites are emerging.
1.
@eternal1997L
Emphasizes project technical and theoretical risk
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Client-Side Validation
@BiHelix_
@BitlightLabs
@Bool_Official
@PATH_Protocol
@lnp_bp
State Channel
@omni_bolt
@NostrAssets
@mercurylayer
OffChain Validation
@nubit_org
@tectumsocial
OffChain Index
@RoochNetwork
@unisat_wallet
Others
@GeliosOfficial
@aiptpcom
@LightecXYZ
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Research Analysis of the BTC Ecosystem in this Bull Market by Polygon Ventures
1️⃣ Ordinals 2️⃣ BitVM 3️⃣ Babylon
These three factors are generating interest in programmable Bitcoin.
BitVM employs an optimistic prover-verifier model to express Turing-complete smart contracts,
#Bitcoin
/acc
Digital gold was just the prologue.
The hardest asset ever created by human civilization is stretching its gargantuan arms into smart contracts.
An ELI5 thread to not sideline this ecosystem 🧵:
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BTC Layer2 project Stacks
@Stacks
Testnet Nakamoto goes live
Stacks reaches a TVL of up to $168 million in DeFiLlama's statistics.
🟧 The public Nakamoto Testnet Is Here 🟧
The public Nakamoto Testnet has officially arrived, sporting a clean chainstate for builders, Signers, and Stackers.
Let's dive into what this means 🧵 1/6
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@BitlayerLabs
has announced a 0.05 BTC bounty for developers who successfully implement SHA256 in native Bitcoin Script. Currently, three organizations (Atomicals, BOB, Bitlayer) have declared this reward program, bringing benefits to BTC native developers.
Background:
On April
@BitlayerLabs
will match the 0.05 BTC bounty for a successful native implementation of sha256 in native Bitcoin Script.
To summarize:
Inputs: Top of stack contains data bytes to be hashed.
Outputs: Put the sha256 hash on to the stack.
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Latest Progress on BitVM - Robin Linus Advocates Implementing the SHA256 Hash Function Using Existing Bitcoin Script
Due to the absence of OP_CAT, the existing native opcode op_sha256 cannot concatenate byte strings within the script, thereby limiting the utility of op_sha256.
Anyone interested in a gig to implement sha256 in Bitcoin Script?
You can build upon the primitives we built for Blake3 (u32 arithmetic, bitwise XOR, bitwise rotations,...).
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BitVM And Its Optimization Considerations
Very high-quality content from Bitlayer
@BitLayerLabs
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Weekly Dose of Bitcoin L2
#April
25th, 2024
Dont forget to check out Bitcoin eco progress this week
#BitcoinHalvingEvent
#BitVMX
@build_on_bob
mainnet time
@citrea_xyz
testnet's audits and testing
@bounce_bit
Liquid Custody Tokens
@babylon_chain
@Bitvm_cn
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Today's BTC Layer2 Projects Update
@AINNLayer2
@Mirror_L2
@Bitsat_Official
@Bit_Rexe
ANVM
@AINNLayer2
The Ultimate AI-modular Bitcoin Layer2 solution.
AINN Layer2 (ANVM) is an innovative Bitcoin Layer2 solution, crafted with a focus on AI-driven modular construction.
MirrorL2
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@Be_Layer2
advance BitVM by passing ZKPs into EVMs, turning EVM ecosystems into Bitcoin sidechain processors, opening up a scalable world of incoming smart services.
If it becomes a reality in the end, it will definitely be very cool.
Our team
@Be_Layer2
has been working on Bitcoin ZPK technology for the last 3 months.
We are pleased to present our MVP, BeL2s
#BTC
Oracle that allows cross chain swapping without any bridging.
We advance BitVM by passing ZKPs into EVMs, turning EVM ecosystems into Bitcoin
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The Bitcoin collateral chain BounceBit testnet is officially live,
It's time to experience firsthand:
⚫️⚪️BounceClub East-to-West Event
⚫️⚪️BBScan
⚫️⚪️Dual-token liquid staking
BounceBit Testnet is now officially LIVE!
It's time to experience firsthand:
⚫️⚪️BounceClub East-to-West Event
⚫️⚪️BBScan
⚫️⚪️Dual-token liquid staking
Claim your BounceClub, get your $BB coins and stake your
#BTC
📍
👇🧵
1K
14K
15K
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BitVM's author Robin Linus
@robin_linus
expressed gratitude to Weikeng Chen
@weikengchen
on March 17th for contributing a PR for u32 multiplication to BitVM;
@weikengchen
is from the L2Iterative
@l2iterative
team.
Hopefully, more and more people can contribute to BitVM at the
Great work by
@weikengchen
: We now have finite field arithmetic for the M31 and Baby Bear fields, as well as for their degree-4 extensions. These are the basis for implementing STARK verifiers on Bitcoin.
Exciting times for Script research!
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Bitlayer Core Technology: DLC and Its Optimization Considerations
DLC emerged before the activation of Segwit v1 (Taproot) and has already been integrated with the Lightning Network, allowing the extension of DLC to update and execute continuous contracts within the same DLC
We're optimizing DLC.
Execute conditional payments based on predefined conditions. Ensure BTC deposit safety
▪️ Decentralized oracles
▪️ Fallible multisig fix
▪️ Safe bridging
An article by Bitlayer Research Group, and doctors Lynndell and Mutourend.
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State Channel
@omni_bolt
@NostrAssets
@mercurylayer
Client-side verification
@BiHelix_
@BitlightLabs
@Bool_Official
@PATH_Protocol
@BitMask_App
@lnp_bp
Off-chain verification
@nubit_org
@tectumsocial
Off-chain index
@RoochNetwork
@unisat_wallet
Others
@Uniport_Network
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Great news! 👋👋👋
#BitVM
Last week, at the
@SFBitcoinDevs
meetup at Stanford,
@danboneh
introduced me to Winternitz signatures. These are more compact Lamport signatures and can cut the transaction fees for BitVM by more than 50%.
Check out the first implementation here:
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BitVM Weekly Report 2024.4.1 - 2024.4.7
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Robin Linus tweeted that combining BitVM with zkCoins could increase Bitcoin's throughput from 7 tx/s to 100 tx/s. This integration could also enhance the Lightning Network with cheaper shared UTXOs, LN-Symmetry, and covenants. He hopes someone will use Plonky2 to build proofs.
Combining BitVM with zkCoins accelerates Bitcoin from 7 tx/s to 100 tx/s.
It can also enhance Lightning with cheaper shared utxos, LN-Symmetry, and covenants. No forks required!
Are you familiar with Plonky2? Please reach out! Let's boost bitcoin!!
🚀🌕
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Bi-weekly Dose of Bitcoin L2
#May
28th, 2024
BTCL2双周报Bi-weekly Dose of Bitcoin L2, we mark milestone, viewpoints, and reports from
@BTClayer2
@babylon_chain
@LumiBitL2
@rootstock_io
@build_on_bob
@BitlayerEco
@orangelayerxyz
@bitfinitynet
@LarrySukernik
@ThreeDAOspace
@_BuilderDAO
@Bitvm_cn
🫡
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