BitVM in a Nutshell
  • BitVM in a Nutshell
  • Introduction to BitVM
    • What Is BitVM?
    • How Bitcoin's Programming Works
    • How BitVM Enhances Bitcoin's Functionality
    • Bringing Computation to Bitcoin Through Off-Chain Execution
    • Conclusion
  • BitVM Applications & Use Cases
    • Introduction
    • Building Trust-Minimized Bridges
    • Beyond the Lightning Network
    • Sharing Bitcoin Security with Other Systems
    • Conclusion
  • BitVM Programming Paradigms
    • Introduction
    • How to Construct a BitVM in Practice
    • The Challenges of Compiling for Bitcoin
    • The Solution: Staging Compilation and Decomposition
    • Remarks and Future Directions
  • Existing Efforts related to BitVM
    • The Birth of BitVM
    • Making BitVM Practical: The Push for Efficiency and Automation
    • Real-World Applications: The BitVM Bridge
    • Conclusion
  • Future Work: Scaling BitVM in Production
    • Introduction
    • Developing Bitcoin-Friendly Cryptographic Primitives
    • Automating the Compilation Pipeline
    • Enhancing Security Through Formal Methods
    • Conclusion
  • BitVM vs. OP_CAT
    • What Is OP_CAT and Why Does It Matter?
    • How OP_CAT Could Boost BitVM
    • Why Isn’t OP_CAT Enabled Yet?
    • Conclusion
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  1. Existing Efforts related to BitVM

Real-World Applications: The BitVM Bridge

With BitVM’s technical foundation in place, the stage was set to build practical applications. One of the most important projects was the BitVM Bridge: a secure, trust-minimized way to connect Bitcoin with other blockchains.

Build on Bitcoin (BOB), alongside Robin Linus, helped lay the groundwork for the BitVM Bridge. They proposed a decentralized “1-of-n” security model, which means that as long as one out of n participants is honest, the system remains secure and functional. This approach was revolutionary, allowing a bridge to operate on Bitcoin without depending on third-party middlemen for the first time.

Making this vision a reality, however, was no small feat. It required precise engineering to balance security and functionality. This is where Element Labs made a crucial contribution. They worked out the complex sequence of transactions and conditions needed for the bridge, like drafting blueprints for a high-tech building where every piece has to fit just right. They also developed connectors to link each transaction and built a command-line interface to make the bridge easier for users to use, bringing it closer to actual deployment.

At the same time, Chainway Labs (Citrea) took a slightly different approach with their BitVM-based bridge called Clementine. They saw the challenge of a fully trust-minimized bridge and introduced a system with “authorized thresholds” for operators, adding an extra layer of economic incentives to keep the bridge secure. This setup sacrifices a bit of trustlessness for easier industry adoption.

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Last updated 6 months ago