📢 Update on Daily Freemint Eligibility
If you completed social tasks but couldn’t claim free gas due to system updates — don’t worry!
We’ll count those days as if you minted the Daily Freemint. ✅
Your future TOKEN AIRDROP eligibility will NOT be affected.
To encourage consistency, we’ve got your back. 🫡
Check the eligible addresses here:
🔗https://t.co/cvqPahn4JE
Thanks for sticking with us — keep grinding! 🔥
GOAT Network is thrilled to announce the release of our GOAT BitVM2 Whitepaper.
GOAT BitVM2 shortens the original 14-day challenge period of BitVM2 down to less than 1 day — a major breakthrough for the industry, and for the long-awaited quest to scale Bitcoin in a secure and effective way.
We do that with a unique architecture that combines zkMIPS proof networks with a decentralized sequencer architecture and a unique and groundbreaking economic model.
The result is a new and powerful framework for zkRollups on Bitcoin, and a breakthrough in the arms race that has seen dozens of blockchains vie to inherit the elusive but essential standard of native Bitcoin security.
To better understand the context, think back to half a decade ago, when Optimistic Rollups such as Optimism and Arbitrum emerged. That breakthrough enabled faster and cheaper Ethereum transactions, with the underlying Optimistic Rollup structure allowing those chains to inherit native Ethereum security, with native bridges imbued with that essential feature.
tl;dr: peace of mind when it comes to putting your funds to work on chain, whether you're a seasoned whale or a first-time blockchain user.
Think of Bitcoin-scaling efforts today as being at the same stage as Ethereum-scaling efforts at the start of this decade. Dozens of blockchains have launched over the past couple of years, calling themselves Bitcoin Layer 2 networks — thus implying that they have inherited native Bitcoin security.
In fact, there are ZERO chains that can legitimately make that claim today; Bitcoin’s programmability limitations have made it extremely difficult to do so.
———
BitVM2 was originally introduced as a way to enable arbitrary computation verification on Bitcoin without requiring L1 changes. However, there are some critical open problems for any chain to launch a production-ready BitVM2 bridge:
Operator Double-Spend Attack: BitVM2 currently allows an operator to submit a verifiable but fraudulent state (e.g., from a forked chain), enabling potential double-spend attacks during withdrawals.
Inefficient Challenging Process: The system imposes high computation and coordination costs due to rigid 1-to-1 stake-to-challenge mapping and lengthy challenge periods. It also lacks support for flexible peg-out amounts, reducing capital efficiency and user experience.
Lack of Pragmatic Incentive Mechanism: The protocol lacks effective incentives for participant engagement. In particular, challengers may not receive rewards, making it difficult to ensure honest and timely dispute resolution. Misaligned incentives in crowdfunding-based challenge systems may result in the wrong participant receiving the reward.
The GOAT BitVM2 solution aims to address these challenges through three architectural innovations:
Cryptoeconomic Security Layer: Implements dual-slashing mechanisms combining Bitcoin native script verification and GOAT consensus-layer penalties, increasing operator misconduct costs exponentially. The protocol maintains a properly-sized operator set, achieving high liveness under 1-of-n honest node assumptions.
Accelerated Dispute Resolution: A multi-round challenger selection mechanism accelerates the challenge process, which reduces effective finality to less than one day.
Incentive-Aligned Challenge Economy: Successful challenges earn the fraud bounty (from slashed proposer stakes). This mechanism boosts challenge participation rates and aligns challenge incentives in the event the operator misbehaves.
———
GOAT BitVM2 marks a huge step toward inheriting Native Bitcoin Security in a practical and cost-effective way, as well as the legitimate title of Bitcoin L2.
To learn more about GOAT BitVM2, visit https://t.co/zcmIctOnUI
[ https://t.co/rMCger0huR ] is currently undergoing a system update.
If you've completed the social tasks but can't claim gas to mint the Daily Freemint — don’t worry. You will still be eligible for the future TOKEN AIRDROP based on your Daily Freemint participation.
Note: Users who farm gas without spending it will be excluded from the airdrop.
More updates coming soon. Stay tuned!
BREAKING: We just won GRAND CHAMPION! 🏆
But more exciting? We're revolutionizing token launches.
Here's why Dutch auctions + real-time demand = the fairest system ever built.
6 billion customers.
$100 trillion in assets.
And we are bringing them onchain.
Rayls is the blockchain for banks - bringing trillions in liquidity and billions of users onchain.
Mint your free Rayls Ticket on @arbitrum today ↓
☄️Comet Bridging Level Role Advancement Event is LIVE!
🌟 Unlock exclusive roles based on your bridging txns!
📊Bridge more, level up, and claim your special privileges!
🔹 Superstar Trader
🔹 Galactic Pioneer
🔹 Cosmic Explorer
🔹 And more...
https://t.co/5kaDYTNmJ4
👉 Start trading now to level up and claim your role! #Comet #Crypto #Trading #Rewards #Bridge
Episode 4 of the Hack VC Gigabrain Sessions is live! @ShaneBarratt welcomes @dntse from @babylonlabs_io, whose professorial skills are on full display.
💡Learn about Babylon, the transition from merge mining to merge staking, and the unification of Bitcoin & PoS ecosystems.
Short clip here, full episode in thread 🧵
Dango testnet-1 is live!
Experience it here: https://t.co/TClBncZpvw
Try each of Dango’s 3 initial features to claim our second @Galxe OAT – the Dango Testnet Wizard (1/5)
The power of the ancient ring has awakened.
Chosen by fate, the Messenger of Truth now wields its power, destined to restore balance to a world consumed by deception. But the path ahead is dark, filled with lies and illusions, all designed to keep the truth hidden forever. 🌗
There is no other choice. The truth must rise again.
The battle for reality begins now. 👁️
$ON - ACTIVE.
ENDLESS Drop for Verifiers! ✅
Real-time challenge. ONE mission is to Verify at the Speed of Orochi!
Everyone can verify at 👇 https://t.co/nP5c0bJ45u