đ BitVM2: The Bitcoin Sidechain Gets a Major Upgrade! đ
- **BitVM2 & BitVM Bridge:** The creators of BitVM have launched the second iteration, BitVM2, boasting significant improvements.
- **Permissionless Challenges:** Now, anyone can challenge suspicious transactions with just three transactions, a huge leap from the previous 70.
- **Efficient Rollups:** BitVM2 aims to process transactions more efficiently while maintaining Bitcoin's security.
- **Shorter Lock-ups:** The BitVM Bridge allows for safer Bitcoin transfers with shorter lock-up periods.
- **Scalability Focus:** The main goal? Scale Bitcoin, not mimic Ethereum's DeFi.
Source: Alexei Zamyatin