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nostr:note165t3drtef5ndllfdk46s5edd8gznpzkhurhry9g3mky8urpuk9fq40hz5y
I don't mean to alarm anyone but someone just wrote a sha256 function for bitvm:
https://techmix.github.io/tapleaf-circuits/
I think this means we can validate merkle proofs now...which means we can also do 2WP sidechains now
π±π±π±π±
Discussion
Fuu
Will this lead to chain data bloat like Ordinals, NFTs on-chain? Got to keep it lean to encourage lots of modes, right?
Nah thatβs nothing to do with BitVM. Everything is explicitly off chain in that model.
Itβs inscriptions that are the horrible bloat storm in that regard. That said a better NFT system built with BitVM may take share away from inscriptions, which would be positive.
Do you have a recommendation on a good easy to understand breakdown of Bitvm?
shitcoiners in disbelief. and also excited.
ELI5 π€
Is it working at your end ? It just freezes when selecting SHA256, then "Choose this program". The other program options are working though.
the sha256 program is very large and it might freeze your browser tab for a few minutes while it tries to run it
for me it succeeded after I left it sit and process for about 5 minutes
Whatβs Bitvm? Been hearing it tossed around.
It's a virtual computer that can run programs created as boolean logic circuits
What's cool about it is, these programs can be embedded into bitcoin addresses, so that anyone who sends money to a bitvm address can only spend it if they correctly run the program embedded into the address
And the program can theoretically be anything -- it could be Photoshop, or Doom, or a copy of the ethereum virtual machine, or anything. If a computer can run it, you can in theory convert it to work in bitvm, and then basically pay someone to run that program, or get them to put up some money as a pledge that they *will* run the program correctly, then take their money if they don't
Interesting, is there a BIP I can read about it?
no, but there is this: https://t.me/bitVM_chat/58