BitVM Weekly Report 2024.6.3 - 2024.6.9
09 Jun 2024
2024.6.8
Risc zero0@RiscZeroannounced their support for citrea to become a Bitcoin zkRollup. They have used the open-source BitVM Groth16 verifier, enabling developers to generate STARK proofs with RISC Zero and verify them on Bitcoin.
https://twitter.com/RiscZero/status/1799118575749284059
2024.6.7
Bitcoin layers@BitcoinLayersupdated their framework for evaluating Bitcoin L2. https://twitter.com/BitcoinLayers/status/1799090324104475085
2024.6.6
- The Bitlayer team has significantly optimized the Bitcoin script verifier for FFlonk, reducing the script size by 1.8 GB.https://github.com/BitVM/BitVM/pull/73This optimization uses multipoint synchronized batch scalar multiplication, reducing the original five scalar multiplications to two batch scalar multiplications.
- RISC Zero’s verifier will soon be deployed on Starknet, enabling developers to perform unlimited computations.https://twitter.com/RiscZero/status/1798689487020863630
2024.6.5
Citrea Public Devnet is now live for developers and users.https://twitter.com/citrea_xyz/status/1798362509558329462
2024.6.4
Starkware announced that within six months after adopting OP_CAT, they will develop Starknet as a common L2 for both Bitcoin and Ethereum, expanding Bitcoin TPS to over 1k.https://twitter.com/StarkWareLtd/status/1797985467666940265They also explained on their official blog why they are scaling Bitcoin.https://starkware.co/scaling-bitcoin-for-mass-use/
- Clearly and repeatedly expressing their support for OP_CAT, they have launched a $1 million fund to support research into the pros and cons of OP_CAT.
- They mentioned the Bitcoin Wildlife Sanctuary, which aims to implement Circle Stark using OP_CAT.
- Ethereum and Bitcoin will serve as the settlement layers for Starknet, with specific plans to be released in the coming weeks.
2024.6.3
Anthony Towns released a script that can run on Signet, using OP_CAT to allow anyone to use proof of work (PoW) to obtain tokens locked by the script. This can be used as a decentralized Signet Bitcoin faucet.https://delvingbitcoin.org/t/proof-of-work-based-signet-faucet/937