Computing on Bitcoin #02
August 30, 2024 - We've Had Another Week Full of Activity
Hello everyone, welcome to our second edition of the Fairgate Weekly, a newsletter that brings you our curated approach regarding industry updates and Fairgate projects' news.
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A structured approach for a better understanding of L2 projects' differences
Bitcoin’s 5 Levels of Scalability
— Bitcoin Virtual Machine (@BVMnetwork) August 16, 2024
With the growing number of Bitcoin L2s, it’s crucial to have a framework to track their progress.
As part of the Bitcoin Heartbeats project, we propose the following standard to classify them.
→ https://t.co/bzyKtvQ5io
LEVEL 1
Bitcoin L2s… pic.twitter.com/IQlROufK0G
The reasons behind the need for L2 solutions that enhances performance'.
bitvm.org
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BitVM2: Bridging Bitcoin to Second Layers
Bitcoin, similar to other Layer 1 blockchains, faces significant scalability challenges, driving the need for Layer 2 (L2) solutions to enhance network performance
Lightec's L2 zkBTC is moving forward.
Short announcement
zkBTC testnet bridge
lightec.gitbook.io
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Getting Started - Introducing Lightec
Welcome to Lightec Protocol's official documentation! This guide will help you get started quickly.
OpZKP & zkBTC initiated by Lightec Labs, gives Bitcoin a boost with its Native Layer 2 solution, greatly improving network performance and scalability while keeping Bitcoin's core decentralized& secure principles intact.
An optimized field multiplication for Bitcoin that reduces the SNARK verifier script used in BitVM
We’re excited to share significant optimizations we’ve made in verifying field multiplications in Script, which reduce the SNARK verifier script used in BitVM by over 1.2 GB.
— Alpen Labs (@AlpenLabs) August 23, 2024
Our new primitive TMUL has unlocked much more efficient ZK verification on Bitcoin. 1/ pic.twitter.com/QO7Y8kOzL7
alpenlabs.io
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BitVM2: Bridging Bitcoin to Second Layers
Bitcoin, similar to other Layer 1 blockchains, faces significant scalability challenges, driving the need for Layer 2 (L2) solutions to enhance network performance
Robin Linus explores the op_cat proposal, providing insights into its potential impacts on Bitcoin.
gist.github.com
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Robin Linus / CATastrophy
This document highlights some common fallacies often repeated by proponents of the 'op_cat' proposal. My goal isn't to argue for or against op_cat, but to debunk these misconceptions and steer the discussion toward a more fact-based, rational analysis
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