Introducing GOAT Network
GOAT Network, a Bitcoin Layer 2, combines zkMIPS and BitVM2 to enable EVM compatibility while maintaining Bitcoin's security. It introduces a decentralized sequencer and optimizations for Groth16 proofs, reducing complexity in BitVM2βs challenge process
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Bitcoin's Layer 2 network is a technological solution designed to enhance transaction speed. By offloading part of the transaction processing from Bitcoin's main blockchain to off-chain mechanisms, it reduces the load on the main chain, increases transaction throughput, and lowers costs. Common Layer 2 technologies include the Lightning Network, State Channels, and the increasingly popular combination of zkRollups with the BitVM2 bridge.