
BitVM: The Holy Grail for Bitcoin? | Creator Robin Linus
Bankless
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Exploring BitVM: Mechanics and Future Implications
This chapter offers an in-depth analysis of BitVM, focusing on its operational mechanics and addressing common misconceptions about its design. The discussion covers exit processes, the role of bridge operators, and the competitive landscape of Bitcoin Layer 2 solutions while examining the potential future of BitVM alongside innovative technologies like zero-knowledge coins. It also emphasizes the relevance of these developments for Bitcoin's effectiveness as a global currency amidst the evolving crypto ecosystem.
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