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Limitations of Bitcoin as a Smart Contract Platform
Exploring the constraints of Bitcoin in supporting complex smart contracts due to its simplistic scripting language which restricts operations like concatenation and efficient execution of certain tasks.
In this week’s episode, Anna and Tarun chat with Sims Gautam and Liam Eagen from Alpen Labs. They dive into the world of Bitcoin L2s and focus on how ZK can be used to incorporate strong connections between Bitcoin and new execution environments. The group then explores BitVM, covenants, the distinction between the Bridge Operators and sequencers in this model and how this differs from how these actors work in Eth L2s. They then dive into SNARKnado, including what is happening under the hood, the ways in which this system offers round-based fraud games mixed with ZK and which agent provides DA and more.
Here’s some additional links for this episode:
ZK Hack Montreal has been announced for Aug 9 - 11! Apply to join the hackathon here.
Gevulot is the first decentralized proving layer. With Gevulot, users can generate and verify proofs using any proof system, for any use case.
Gevulot is offering priority access to ZK Podcast listeners, register on gevulot.com and write “Zk Podcast” in the note field of the registration form!
Aleo is a new Layer-1 blockchain that achieves the programmability of Ethereum, the privacy of Zcash, and the scalability of a rollup.
Dive deeper and discover more about Aleo at http://aleo.org/.
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Listen to the best highlights from the podcasts you love and dive into the full episode