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suzuha ⚡️🌙
@dystopiabreaker
i looked into bitVM recently excitedly as it was the first new bitcoin l2 thing i’d heard of recently- unfortunately from a quick read it doesn’t seem viable: - too slow and cumbersome - inherent centralization (no path to having a permissionless challenger) at best doomed to liquid network style existence
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suzuha ⚡️🌙 pfp
suzuha ⚡️🌙
@dystopiabreaker
if i’m wrong please correct me but my reading was basically that the challenger role in their fault proof scheme can be spammed by a third party preventing resolution, thus is permissioned
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suzuha ⚡️🌙 pfp
suzuha ⚡️🌙
@dystopiabreaker
at a meta level though it’s cool to see that bitcoin still has somewhat of a builder culture, though it’s clear that the aversion to adding any new opcodes is going to severely limit scaling
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