A two way peg is a second layer transaction system, where new tokens are created when bitcoin is locked up on the base layer, and those bitcoin can only be spend, if those second layer tokens are destroyed.

That's the original vision of Blockstreams early side chain research, and it took 10+ years to finally have a trustless way to get Bitcoin from the side chain to the baselayer.

What enables this magic is succinct zero knowledge proofs which are verified on the base layer in order to unlock the Bitcoin. With BitVM the zk proofs can be emulated on bitcoin today.

How does this work?

3d printer goes brrrrr

The sentiment among Bitcoiners about :microstrategy: MicroStrategy and :saylor: Michael Saylor is mixed but largely positive. Many admire his bold moves and commitment to #Bitcoin, seeing him as a visionary strengthening the market and inspiring confidence among HODLers.

However, some express concerns about corporate dominance, potential market manipulation, and the risks of leveraged investments. Criticism is often attributed to envy or fear of change, while defenders argue Saylor's actions benefit the Bitcoin ecosystem overall.

What are your thoughts on MicroStrategy's approach and the reactions it has garnered?

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What my relatives think we’re doing here on Nostr

This photo was taken by a robot ON THE SURFACE OF AN ASTEROID

If you have to ask....

Dark Chocolate Digestive Biscuits are the best! #fightme

2025 belike

🫡 #Nostr #Bitcoin #life

Thinking same. Might need some better exchange suggestions.

👇 Agree?

#Asknostr #Nostr #Bitcoin

I wrote a book. Maybe some of you have read it. Always open to feedback.

🫡

Hmm. Started buying bigger chunks of Bitcoin recently and now have a waiting period to move to hard wallet. Interesting…

I’m new to Nostr!

Looking to connect and learn from others on here.

I’m passionate about health, crypto, fitness, and travel.

I’ve visited 39 countries, run 25+ ultra marathons, and speak 4 languages.

I’m currently travelling through Central America and plan to use BTC once in Costa Rica.

Feel free to connect!

🧡💜 #Bitcoin #Nostr #zapathon 💜🧡

Hey guys, my name is Tim. Just got onto this platform today, and I’m excited to start sharing. I love learning about the body, energy, the universe, and more, and using my knowledge to help people. First pic on here: temezcal last week🔥