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Mohamed Fouda
@fouda
I had a very insightful discussions with 2 of the top Bitcoin L2 Builders (founder of Citrea and BOB) Some key insights 1. BTC bridging between L2s & L1 is the largest challenge that sets L2s apart form sidechains 2. BitVM is positioned to become the defacto way to implement trust-minimized bridging between L2s & L1
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Mohamed Fouda
@fouda
3. BitVM-bridge are not likely be ready before 2025! 4. BitVM bridges have to figure out how much prover collateral is sufficient for safe operation 5. Other than BitVM, large dynamic threshold-signature bridging is the closest secure way for BTC bridging
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Re-Fi
@3o38.eth
Great thread @fouda been researching l2 , in attempt to develop an app with one most likely to succeed but not easy to figure out. But am hesitant until real trust baked in , Does BitVM allow you to exit on Layer 1 without needing to trust anyone ?
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janusz
@janusz
thanks for having us on!
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Fat Cat 🎩🍖🔮
@fatcat007
DEGEN $30000
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