Second Version of Bitcoin Virtual Machine BitVM2 and Updated BitVM Bridge Released

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Introduction of BitVM2
  2. Updated Features of BitVM2
  3. Improvements to BitVM Bridge


    4. Bitcoin developers introduced a new version of the Bitcoin Virtual Machine, BitVM2, and an updated BitVM Bridge. The new version aims to enhance transaction efficiency within the Bitcoin network.

    Introduction of BitVM2

    This week, the second version of the Bitcoin Virtual Machine, known as BitVM2, was released. According to the developers, this version aims to increase Bitcoin's transaction capacity without altering its core code and principles of decentralization.

    BitVM2 employs optimistic computation to scale Bitcoin using sidechains.Alexei Zamyatin

    Updated Features of BitVM2

    The new version of BitVM introduces a permissionless system that allows any user to challenge suspicious transactions. This is a departure from the previous version, which limited challenge rights to designated parties.

    Improvements to BitVM Bridge

    The document highlights significant updates to the BitVM Bridge. Key enhancements include reduced capital requirements and shorter asset lock-up periods, facilitating the transfer of bitcoins to and from rollups – secondary networks that enable faster and less costly transactions on the Bitcoin network.

    The presented updates to BitVM2 and BitVM Bridge are aimed at improving the efficiency and speed of transactions on the Bitcoin network, without compromising the core principles of decentralization. This marks an important step in enhancing the Bitcoin infrastructure and supporting its further growth and scalability.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

TRON DAO Reports Significant Growth in Q3 2026

TRON DAO highlights significant growth in transaction volume and network activity in its Q3 2026 ecosystem report.

user avatarAndrew Smith

MEXC Concludes TOKEN2049 Singapore with Interactive Experiences

MEXC showcased its innovative trading solutions and industry discussions at TOKEN2049 Singapore, focusing on AI-powered trading and traditional finance.

user avatarJacob Williams

LBank Enhances Security Measures Amid Industry Challenges

LBank has launched the Crypto Resilience Initiative to enhance security and risk management in response to increasing threats in the crypto industry.

user avatarSon Min-ho

LBank Marks 11th Anniversary with Over 30 Million Users

LBank is celebrating its 11th anniversary, having reached over 30 million registered users and a daily trading volume of 238.1 billion.

user avatarZainab Kamara

HTX DAO Hosts Future Night and Reunion Events

HTX DAO organized Future Night and Reunion events during TOKEN2049 to discuss industry trends and strengthen community connections.

user avatarAyman Ben Youssef

HTX Ventures Showcases at TOKEN2049 in Singapore

HTX Ventures showcased its brand at TOKEN2049 in Singapore, engaging with visitors and enhancing industry connections.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.