HO
LY
SHIT
View quoted note β
Login to reply
Replies (9)
Fuu
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.
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
Will this lead to chain data bloat like Ordinals, NFTs on-chain? Got to keep it lean to encourage lots of modes, right?
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