HolliTril

[HolliTril @HolliTril]

@GookOnKaito DxLkFvavNFU8BdLbH8rzH2EaDdzJK7BA4AYiZ2p9WT6o

[GOAT Network @GOATNetwork]

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

[HolliTril @HolliTril]

@goatnetwork No complex tasks—just rewards.

[GOAT Network @GOATNetwork]

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[HolliTril @HolliTril]

@goatnetwork @OKX_Ventures ccSimple, sleek, rewarding—thank you GOAT Network.

[HolliTril @HolliTril]

@JasperVault_cn @ZNSConnect @ZnsEco @JudyWang_0 @hemi_xyz 0x7387d107a91ca3ed2e06ca98560bf3d93076183c

[HolliTril @HolliTril]

@JasperVault_cn @DogixInitia @JVBridge @initia 转发

[HolliTril @HolliTril]

@llyy_bb @AiCoinzh 帅

[IMFI DAO @ImfiDAO]

🎉周四愉快，KFC福利来了

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[HolliTril @HolliTril]

@ImfiDAO @bugscoin_bgsc @liaoblove520 @lululu377 0x7387d107a91ca3ed2e06ca98560bf3d93076183c

[龙猫·liaoblove @liaoblove520]

🎉龙猫联合KLK 又来送福利了

Klickl是一家领先的Web3金融平台，致力于通过技术创新和监管合规，为全球用户提供开放便捷的金融服务

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[HolliTril @HolliTril]

@liaoblove520 @KLK_Foundation @377_btc 0x7387d107a91ca3ed2e06ca98560bf3d93076183c

[IMFI DAO @ImfiDAO]

🎁抽 10个���分 300 $KLK（IDO价格150刀）

Klickl是一家领先的Web3金融平台，致力于通过技术创新和监管合规，为全球用户提供开放便捷的金融服务

1⃣关注@liaoblove520 & @KLK_Foundation
2⃣RT + EVM地址

[HolliTril @HolliTril]

@ImfiDAO @liaoblove520 @KLK_Foundation 0x7387d107a91ca3ed2e06ca98560bf3d93076183c