Bitcoin Dominance back to 100% coming soon... 📈🔼

#FTX #Ordinals #BIP300 #Spiderchain #BitVM #Drivechain

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If you can drivechain a BitVM, you'd greatly reduce how costly and slow it will end up being.

If I understand it, BitVM is too slow and data inefficient as-is for any application other than as a means of enforcing a very simple contract that is just outside the current means of Bitcoin (ie: simple but needing Turing completeness). Higher-level commits, especially 32-bit values, would greatly expand BitVM's possible applications.

As of now, building logic circuits on Bitcoin is cool, but it is only a start with very little application.