š BitcoinOS is making strides to bring rollups to Bitcoin, promising "unlimited smart contract functionality" and scaling. The BitSNARK and Grail system aims to bridge Bitcoin to Layer2 rollups and blockchains in a trust-minimized way.
š BitSNARK builds on BitVM, discovered by Robin Linus, and enables cheap, efficient, and secure bridges. No softfork, upgrades, or new op-codes needed, says Edan Yago, one of the paper's authors.
āļø Unlike existing Bitcoin Layer2 systems, Grail uses BitSNARK to generate SNARK proofs for Bitcoin and rollup transactions, allowing secure asset transfers between L1 and L2 rollups.
š The Grail bridge requires at least two operators but theoretically, any number could be supported. The trust assumption works unless all parties collude, making it robust.
š¬ What do you think about this game-changer for Bitcoin? Let's chat below! #Bitcoin #Layer2 #DeFi