The author of the white paper, Robin Linus, based BitVM’s architecture on Ethereum’s optimistic rollups with fraud proofs and recent Merkle tree developments.
Category: Turing Complete
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Bitcoin Script and Onchain Contracts: Two High-Level Programming Languages for Bitcoin Cash
Last May, the software developer and creator of revoke.cash, Rosco Kalis, released Cashscript version 0.4 that included a number of optimizations. Cashscript’s new website highlights the high-level language that “offers a strong abstraction layer over Bitcoin Cash’ native virtual machine, Bitcoin Script.” Additionally, the developer Tendo Pein recently announced the “high-level smart contracts programming language […]
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Developer Paul Sztorc Launches the First Version of Drivechain
On September 24, the director of research at Tierion and the bitcoin developer Paul Sztorc announced the launch of the first Drivechain release. The Drivechain protocol is an alternative to the sidechain concept because it enables multiple blockchain compatibility but the system utilizes the same 21 million bitcoins. Also read: Speculators and Investors Hodl, Venezuelans […]
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Crypto Derivative Platform Counterparty Is Coming to the Bitcoin Cash Network
This week a new forked counterparty protocol has been announced that will be solely dedicated to the Bitcoin Cash (BCH) network. The team plans to launch its native currency XCPC on March 1 while also detailing there will be a ‘burning’ as well. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies An […]
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New Chain Platform Ivy Brings Smart Contracts to Bitcoin
Smart contracts – self-executing pieces of code – are most commonly associated with the ethereum network. Long before Vitalik Buterin tried to sell a fake quantum mining computer and dreamed up his “global supercomputer”, however, Satoshi Nakamoto saw the potential for smart contracts, even though the term had yet to be popularized. The bitcoin blockchain […]
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