Bitcoin Layers
/bitcoinlayers104
Documenting Bitcoin layers and the technologies beneath them
The real adoption curve:
first they joke, then they trade, then they build on top. stage three is here.
first they joke, then they trade, then they build on top. stage three is here.
🔥 Bob Fusion Season 3 is HERE! 🔥
It's YOUR turn to spice things up! 🌶️✨
Vote for @nfts2me and we'll distribute spice back to YOU! 👐💥
🔗 Vote here:
https://app.gobob.xyz/apps?category=NFT
💎 Earn Spice by minting our exclusive NFT collection:
https://bob-flamenco.nfts2.me
✨ Earn more Spice by creating your own collection on BOB using NFTs2Me and sharing it to attract new collectors at: https://nfts2me.com/app/bob/
It's YOUR turn to spice things up! 🌶️✨
Vote for @nfts2me and we'll distribute spice back to YOU! 👐💥
🔗 Vote here:
https://app.gobob.xyz/apps?category=NFT
💎 Earn Spice by minting our exclusive NFT collection:
https://bob-flamenco.nfts2.me
✨ Earn more Spice by creating your own collection on BOB using NFTs2Me and sharing it to attract new collectors at: https://nfts2me.com/app/bob/
🔥 BOB Fusion Season 3 is HERE! 🔥
It's YOUR turn to spice things up! 🌶️✨
Vote for @nfts2me and we'll distribute spice back to YOU! 👐💥
🔗 Vote here:
https://app.gobob.xyz/apps?category=NFT
💎 Earn Spice by minting our exclusive NFT collection:
https://bob-flamenco.nfts2.me
✨ Earn more Spice by creating your own collection on BOB
using NFTs2Me and sharing it to attract new collectors at: https://nfts2me.com/app/bob/
It's YOUR turn to spice things up! 🌶️✨
Vote for @nfts2me and we'll distribute spice back to YOU! 👐💥
🔗 Vote here:
https://app.gobob.xyz/apps?category=NFT
💎 Earn Spice by minting our exclusive NFT collection:
https://bob-flamenco.nfts2.me
✨ Earn more Spice by creating your own collection on BOB
using NFTs2Me and sharing it to attract new collectors at: https://nfts2me.com/app/bob/
Did a podcast with Alexei Zamyatin on BitVM2 which enables a SNARK verifier and improved Bitcoin bridge designs
Check it out 🙂 https://www.youtube.com/watch?v=aOlPZ0o1UEY
Check it out 🙂 https://www.youtube.com/watch?v=aOlPZ0o1UEY
cbBTC announced. Base creator saying Base will be a home for BTC.
I don't see how Base doesn't take a large % of the bitcoin layers marketshare.
I don't see how Base doesn't take a large % of the bitcoin layers marketshare.
V1 of the bitcoinlayers.org website has officially shipped 🎉
Check out our site for the latest reviews on #Bitcoin L2s, sidechains, and more.
Check out our site for the latest reviews on #Bitcoin L2s, sidechains, and more.
despite seemingly everyone's attention being on bridges, there are other problems to be solved to achieve usable bitcoin rollups
one being data availability (or the lack thereof)
one being data availability (or the lack thereof)
Bitcoin layer 2’s are slow just like most of the teams building them.
Cryptocurrency exchanges: Trading digital assets with ease and security. #CryptoExchange #Trading
started playing with some bitcoin "L2s" today
withdrawals not enabled... v1 mainnets operated by trusted validators... multisig wallets custodying millions worth of BTC...
fedimints literally have better trust assumptions
withdrawals not enabled... v1 mainnets operated by trusted validators... multisig wallets custodying millions worth of BTC...
fedimints literally have better trust assumptions
With Current hype around BTC this post might be interesting for people on BTC that can get some free money :) https://warpcast.com/freemoneyonline/0x8c364966 more similar apps on our TG bot!
Dove into Bitcoin layers in the latest Messari quarterly
Check out the Layer Analysis section
https://messari.io/report/state-of-bitcoin-q1-2024
Check out the Layer Analysis section
https://messari.io/report/state-of-bitcoin-q1-2024
sent 50 bucks across the world in seconds, for less than a cent, on a rollup
when rollups on bitcoin?
when rollups on bitcoin?
Wrote a post and explored how we can have a BitVM bridge program (or Bitcoin sidechain) execute an Espresso light client optimistically
this would support BitVM rollups integrations with Espresso! https://hackmd.io/@januszgrze/espresso-on-bitcoin
this would support BitVM rollups integrations with Espresso! https://hackmd.io/@januszgrze/espresso-on-bitcoin
Here's a neat idea for storing arbitrary data in blocks through tx ordering
A formalized metaprotocol could become more accessible with the rise of hashrate marketplaces (eg Lumerin) and private mempool as a service products (eg marathon's slipstream)
https://twitter.com/salvatoshi/status/1772619501370036477
A formalized metaprotocol could become more accessible with the rise of hashrate marketplaces (eg Lumerin) and private mempool as a service products (eg marathon's slipstream)
https://twitter.com/salvatoshi/status/1772619501370036477
BitVM 2 looking super cool. Unlike the first model, this one supports permissionless verification of proofs
Looking fwd to seeing some implementations of the concept
Looking fwd to seeing some implementations of the concept
Amazing to see a small Bitcoin layers community here. Building on @rootstock over the past year. Eth really was just the testnet 🫡
Stay tuned for analyses on live layers to launch
Stacks, Core, Lightning, and more will be reviewed and available soon!
Stacks, Core, Lightning, and more will be reviewed and available soon!
We launched bitcoinlayers.org , an open-source tool for keeping up with the many Layers being built and analyzing their risks and security assumptions
There are many projects that identify as Bitcoin Layers.
We analyze them against the five different criteria pictured below:
We analyze them against the five different criteria pictured below:
At the risk of being reductive, there are only two areas to focus on for Bitcoin layers to be realized
1. A ‘safe enough’ BTC bridge
2. Tx validity enforcement
And 2 doesn’t reallyyy matter until we have 1
1. A ‘safe enough’ BTC bridge
2. Tx validity enforcement
And 2 doesn’t reallyyy matter until we have 1
Chainway opensourced their BitVM zk verifier woop woop
https://github.com/chainwayxyz/bitvm-zk-verifier
https://github.com/chainwayxyz/bitvm-zk-verifier
bitcoinlayers.org has a list of 27 layers so far (and will soon have qualitative analysis on each layer)
🚀Bitcoin Dogs, the First-Ever ICO on the Bitcoin Blockchain, Enters the Final Seven-Day Countdown
Hits an impressive $9.3M, presale ends next week
There are 2 days where the price will be $0.0374 / after that the price will be: $0.0404 and will be higher.
Referral link👇🏼
https://bitcoindogs.club/?r=01qxl2g
Hits an impressive $9.3M, presale ends next week
There are 2 days where the price will be $0.0374 / after that the price will be: $0.0404 and will be higher.
Referral link👇🏼
https://bitcoindogs.club/?r=01qxl2g
everyone, and I mean everyone, lost their fucking mind at bitcoin magazine today.
what they said wasn't that controversial
what they said wasn't that controversial
What's your opinion on execution environments for layers?
Stacks has the most built-out ecosystem of current layers, despite using the novel Clarity (soon to have ClarityWASM though!)
Rootstock has the EVM, which should be a huge advantage, but has fewer builders
Many new layers will use the EVM: BOB, Citrea, etc
Stacks has the most built-out ecosystem of current layers, despite using the novel Clarity (soon to have ClarityWASM though!)
Rootstock has the EVM, which should be a huge advantage, but has fewer builders
Many new layers will use the EVM: BOB, Citrea, etc
new page up on the "Bitcoin Rollups" website! it covers how rollups could support new execution environments on top of Bitcoin https://www.bitcoinrollups.io/research-applications/execution-environments
What Bitcoin Layer-2s are people exploring?
I’m reading about Nubit currently which looks like it’s aiming to do Data Availability for Bitcoin (eg, a little like Celestia)
https://www.nubit.org/
I’m reading about Nubit currently which looks like it’s aiming to do Data Availability for Bitcoin (eg, a little like Celestia)
https://www.nubit.org/
cross-posting this! https://warpcast.com/janusz/0x711dcc9d
240129
janusz
@janusz·01:25 19/02/2024
posting this piece on rollups + sidechains enabling new developer environments for Bitcoin builders
& why rollups might be a better option than sidechains long-term
lmk if you have any thoughts! https://github.com/januszgrze/bitcoinrollups/blob/main/website/websitecopy/research/applications/execution-environments.md
& why rollups might be a better option than sidechains long-term
lmk if you have any thoughts! https://github.com/januszgrze/bitcoinrollups/blob/main/website/websitecopy/research/applications/execution-environments.md
a BitVM circuit is essentially a binary tree
which means O(log n) for challenging/proving if you have a proper binary search (bisection). nice, but not great
let's assume you had a BitVM circuit that proves vector commitments (ik I'm getting ahead of myself but bear with me), would this at all help?
which means O(log n) for challenging/proving if you have a proper binary search (bisection). nice, but not great
let's assume you had a BitVM circuit that proves vector commitments (ik I'm getting ahead of myself but bear with me), would this at all help?
We should be skeptical of the statement that L2s *need* tokens.
Does it help bootstrap the ecosystem + (maybe) build your own sequencer/prover protocol? Yes.
But saying it's a necessity isn't true imo.
Does it help bootstrap the ecosystem + (maybe) build your own sequencer/prover protocol? Yes.
But saying it's a necessity isn't true imo.
New ecosystems often need a 'killer app' for adoption
as of now, Points/airdrop farming look like the only killer app for Bitcoin layers
I know the vast majority are yet to launch, but do you think we'll see a killer app other than yield (ie DeFi)?
the BTC community may need something different to pull them in
as of now, Points/airdrop farming look like the only killer app for Bitcoin layers
I know the vast majority are yet to launch, but do you think we'll see a killer app other than yield (ie DeFi)?
the BTC community may need something different to pull them in
Merlin with $1 billion in TVL after only a few days (~50% is regular BTC)
points systems work
https://merlinchain.io/bridge/staking
points systems work
https://merlinchain.io/bridge/staking
Rijndael from the Taproot Wizards team shared this covenant, built locally with op_cat
The convenant's spend condition is..... recursion lol. It may not be practical but it's a super cool proof of concept with op_cat
https://twitter.com/rot13maxi/status/1757243788987093411
The convenant's spend condition is..... recursion lol. It may not be practical but it's a super cool proof of concept with op_cat
https://twitter.com/rot13maxi/status/1757243788987093411
NodeKit is working on SEQ, a shared sequencer for Bitcoin layers
Anyone know if the big players in Eth shared sequencing (Espresso, Astria) have any intentions to get involved with Bitcoin layers?
https://www.nodekit.xyz/blog/bvm
Anyone know if the big players in Eth shared sequencing (Espresso, Astria) have any intentions to get involved with Bitcoin layers?
https://www.nodekit.xyz/blog/bvm
AltLayer plans to use Babylon to inherit certain security properties from Bitcoin
Right now, Babylon offers timestamping on Bitcoin to Cosmos chains, which is great for long-range attack prevention! (I think rollups with centralized sequencers would also greatly benefit from this sort of timestamping!)
Right now, Babylon offers timestamping on Bitcoin to Cosmos chains, which is great for long-range attack prevention! (I think rollups with centralized sequencers would also greatly benefit from this sort of timestamping!)
🟠 gm. we’re live with the seventh edition of the #Bitcoin Rollup. we cover:
- Chainway unveils Citrea 🍊🍋
- Build On Bob releases OptiMine whitepaper
- Sovryn announces BitcoinOS
highlights and full post below 👇
- Chainway unveils Citrea 🍊🍋
- Build On Bob releases OptiMine whitepaper
- Sovryn announces BitcoinOS
highlights and full post below 👇
a bird's eye view on the Bitcoin programmability space
1. Scaling ie Bitcoin layers
-sidechains
-client-side validation (eg Lightning, RGB)
-rollups
-sovereign rollups
-validiums/optimiums
1. Scaling ie Bitcoin layers
-sidechains
-client-side validation (eg Lightning, RGB)
-rollups
-sovereign rollups
-validiums/optimiums
BitVM was a huge technical breakthrough! It’s being explored by several teams to enable optimistic bridging from Bitcoin to L2s
