Voxy

Smart contracts are coming to #Bitcoin

Blockchain developer #ZeroSync co-founder Robin Linus unveiled a whitepaper for BitVM, aiming to enhance Bitcoin smart contract capabilities without requiring a soft fork upgrade to the network's consensus rules.

#BitVM aims to enhance Bitcoin smart contract capabilities without fork

BitVM proposes a new method for expressing Turing-complete Bitcoin smart contracts without altering the network’s consensus rules.

The system leverages fraud proofs and a challenge-response protocol, enabling any computable function to be verified on Bitcoin, according to a whitepaper.

BitVM means Bitcoin can now be as Turing-complete as any other chain, Turing completeness refers to a system that can perform any computation given enough time and resources. $BTC

  bitvm.org/bitvm.pdf