Xavier

[janusz @januszg_]

Long overdue, but here's a post on how bitcoin rollups work without a soft fork.

Yes, they can exist today. No, the bridge does not define what type of rollup it is.

Link below:

[Andrej Karpathy @karpathy]

The hottest new programming language is English

[Xavier @Xavier_0020]

@X_tradez

[Bitcoin Layers @BitcoinLayers]

An intro to zkCoins

"The next evolution of encrypted money"

@januszg_ is joined by @robin_linus, @liam_eagen, and @lightcoin to discuss zkCoins, a novel protocol that will improve user privacy for bitcoin payments.

zkCoins is a client-side validated protocol that leverages zero-knowledge proofs for scalability and obscuring the transaction graph, giving users near-perfect privacy.

The original idea behind zkCoins was improving the trust assumptions related to ecash protocols, which are custodial by nature. Combined with bridging solutions like BitVM2, zkCoins can enable users to transact bitcoin privately with minimized trust assumptions.

When compared to solutions like Zcash, Aztec, and other privacy-preserving protocols, zkCoins has an advantage that users only need to validate their own state. There is no need to verify all transactions in the entire system, which further supports scalability.

The recording dives into the zkCoins design, how it compares to ecash and other privacy-preserving protocols, and the future development roadmap.

Full episode available below 👇

[Robin Linus ⛊ @robin_linus]

Excited to share our work on BitVM bridges: A novel trust-minimized protocol to bridge Bitcoins to second layers.

Huge thanks to @lukas_aumayr, @alexeiZamyatin, Andrea Pelosi, @zetavar1, and @matteo_maffei for their amazing contributions 🧡

https://t.co/5UiiFse5T4

[Xavier @Xavier_0020]

@BitlayerLabs The Bitcoin network has unlimited potential. Can't wait to see what happens next!

[StarkWare @StarkWareLtd]

It's time to accelerate OP_CAT research! 🐺🐱

We are thrilled to announce the launch of our $1M OP_CAT Research Fund!

Whether you're a cat maximalist or allergic, this fund is the purrrfect opportunity to finance all your research aimed at exploring the benefits and drawbacks of activating OP_CAT on Bitcoin 🧑‍🔬

Meet the committee overseeing this program:
🧑‍🎓 Andrew Poelstra, Director of Research at @Blockstream's
🧑‍🎓 Victor Kolobov, Product Manager & Blockchain Researcher at StarkWare, @VIKolobov
🧑‍🎓 Avihu Levy, Chief Product Officer at StarkWare, @avihu28
🧑‍🎓 Clara Shinkleman, Head of Research at ChainCode Labs
🧑‍🎓 Ethan Heilman, CTO and Co-founder of BastionZero, @Ethan_Heilman
🧑‍🎓 Louis Guthmann, Head of Product & Market Strategy at StarkWare, @GuthL
🧑‍🎓 Olaoluwa Osuntokun, CTO at @lightning Labs, @roasbeef
🧑‍🎓 Robin Linus, Creator of BitVM and @ZeroSync_, @robin_linus
🧑‍🎓 Tadge Dryja, Co-inventor of the Lightning Network and former CTO at Lightning Labs, @tdryja

📅 The submission deadline for research proposals is January 1st, 2025.

Learn more about this program and how to apply below 👇
https://t.co/uBhTQ36p11

[Bitlayer @BitlayerLabs]

1/ Bitlayer researcher Xavier (@Xavier_0020) publishes a comprehensive write-up on the latest breakthroughs with the BitVM bridge.

The information contained is a detailed consolidation of BitVM updates across the community of builders, including:

▪️ Elucidations clarifying missing pieces of the BitVM2 model (according to Bitlayer's postulations)
▪️ Information obtained from Robin Linus' interview on Bankless and BitVM2 updates
▪️ An amalgamation of ideas posited from the BitVM Builders group.

Link to Xavier's full publication:
https://t.co/3yopl5NPMa

The thread ⬇️