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BitVM is a new Bitcoin script that proposes an all-new way of executing smart contracts.
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The introduction of BitVM has divided the crypto community into two factions.
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According to the critics, it is an overrated solution and it won’t last for long.
In technology, evolution is a neverending process. From business solutions to video games, everything gets upgraded from time to time. Since its advent, blockchain has been going through upgrades too. Following the same vein, Bitcoin developer Linus released a paper on a new Bitcoin script, BitVM.
What is BitVM?
BitVM proposes a new method to utilize complicated smart contracts on the Bitcoin network. Pseudonymous developer Super Testnet shared a post about it on X (formerly Twitter). He said that it is probably the most interesting discovery in Bitcoin’s history. Moreover, it can possibly be implemented on Ethereum as well. According to him, BitVM enables developers to build more
We współpracy z: https://www.thecoinrepublic.com/2023/10/13/heres-everything-to-know-about-the-new-sensation-bitvm/
