From: Robin Linus <robin@zerosync•org>
To: bitcoin-dev@lists•linuxfoundation.org
Subject: [bitcoin-dev] BitVM: Compute Anything on Bitcoin
Date: Mon, 9 Oct 2023 15:46:24 +0200 [thread overview]
Message-ID: <CCA561B6-A2DE-46FD-A2F8-98E0C34A3EEE@zerosync.org> (raw)
Abstract. BitVM is a computing paradigm to express Turing-complete Bitcoin contracts. This requires no changes to the network’s consensus rules. Rather than executing computations on Bitcoin, they are merely verified, similarly to optimistic rollups. A prover makes a claim that a given function evaluates for some particular inputs to some specific output. If that claim is false, then the verifier can perform a succinct fraud proof and punish the prover. Using this mechanism, any computable function can be verified on Bitcoin. Committing to a large program in a Taproot address requires significant amounts of off-chain computation and communication, however the resulting on-chain footprint is minimal. As long as both parties collaborate, they can perform arbitrarily complex, stateful off-chain computation, without leaving any trace in the chain. On-chain execution is required only in case of a dispute.
https://bitvm.org/bitvm.pdf
next reply other threads:[~2023-10-09 14:04 UTC|newest]
Thread overview: 6+ messages / expand[flat|nested] mbox.gz Atom feed top
2023-10-09 13:46 Robin Linus [this message]
2023-10-10 1:06 ` Lloyd Fournier
2023-10-10 1:12 ` symphonicbtc
2023-10-10 1:27 ` Anthony Towns
2023-10-15 15:15 ` ZmnSCPxj
2023-10-17 18:00 ` Russell O'Connor
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