GOAT Network has announced the release of the GOAT BitVM2 whitepaper, offering new solutions to enhance Bitcoin's scalability.
Key Highlights
The GOAT BitVM2 whitepaper is now available, introducing a significant reduction in the dispute period from 14 days to just one day, enhancing the efficiency and security of Bitcoin zkRollups.
Core Innovations
Key innovations include:
- **Cryptoeconomic Security**: Dual-slashing mechanisms deter operator misconduct. - **Incentive-Aligned Economy**: Fraud bounties promote active and honest dispute resolution. - **Universal Operator Model**: Operator role rotation enhances decentralization. - **Fastest zkVM**: GOAT’s in-house zkMIPS is the fastest available.
GOAT Network Economic Model
GOAT BitVM2 leverages Bitcoin as a settlement layer alongside a decentralized network for computations, supporting atomic swap peg-outs.
The launch of GOAT BitVM2 marks a significant milestone in Bitcoin scalability and facilitates its transformation from a passive asset into an active one.
