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janusz

@janusz

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@redvelvet
this week I added data support for cbBTC to bitcoinlayers.org and look at that, new cbBTC supply ATH today of 6.5k BTC ($441m)! Had to get more cbBTC data up after building a "Bitcoin on Base" dashboard two weeks ago base.bitcoinlayers.org that shows supply and usage of all BTC tokens on Base (cbBTC, tBTC, dlcBTC, axlBTC)
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@janusz
If you have experience with Plonky 2 (or another kind of recursive proof system), and are interested in potentially contributing to improving bitcoin privacy, a shoot me a message! There's an opportunity to contribute to zkCoins. I did a short podcast with Liam Eagen, Robin Linus, & John Light that explains the protocol and how it improves user-privacy and scalability for payments. https://www.youtube.com/watch?v=UZ446oRFnxQ
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@janusz
The main difference between this and OG designs is performance optimizations and the ability to have anyone act as a verifier. Conversation also touched on how potential opcodes can improve BitVM
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@janusz
Did a podcast with Alexei Zamyatin on BitVM2 which enables a SNARK verifier and improved Bitcoin bridge designs Check it out 🙂 https://www.youtube.com/watch?v=aOlPZ0o1UEY
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@janusz
cbBTC announced. Base creator saying Base will be a home for BTC. I don't see how Base doesn't take a large % of the bitcoin layers marketshare.
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@janusz
We did an event with StarkWare in Nashville and Weikeng Chen discussed his team's implementation of a Circle STARK verifier directly in Bitcoin Script! Might be interesting for ppl interested in ZK! The talk is available here https://www.youtube.com/watch?v=tA-nzWJp1DI
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@janusz
delete this
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@janusz
im back
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@janusz
back to report that le bitcoin L2s are terrifying
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@janusz
i understand but the problem is that all of the trust assumptions with these things lie in the bridge. it literally feels pointless to build any of this shit as you can see, i'm in my despair stage of the cycle
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@janusz
started playing with some bitcoin "L2s" today withdrawals not enabled... v1 mainnets operated by trusted validators... multisig wallets custodying millions worth of BTC... fedimints literally have better trust assumptions
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@janusz
Josh Swihart is the main reason I'm interested in Zcash again. He's changed the game.
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@janusz
ICYMI, @vitalik.eth made about post about privacy being normal, and mentioned Railgun, a privacy protocol on Ethereum. Arbitrum is the only L2 Railgun is deployed on. Defo worth checking out. I previously made a quick demo on it. Link here: https://twitter.com/BitcoinRollups/status/1745509878829830410/video/1
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it doesn’t matter. No one talks about TRON on Twitter, but people use it. People are too obsessed with zcash fud. Josh’s response was right. People don’t like zcash because of X reasons. Move on.
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@janusz
sent 50 bucks across the world in seconds, for less than a cent, on a rollup when rollups on bitcoin?
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@janusz
hello!
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@janusz
This doc contains "a plan to implement a SNARK verifier in Bitcoin Script to run it in BitVM2." https://bitvm.org/snark
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@janusz
I'll ask Chainway specifically if they're planning on doing research forums. BitVM2 is primarily focused on adding a SNARK verifier and making the verifier role in BitVM permissionless BitVM2: https://bitvm.org/bitvm2 SNARK verifier: https://bitvm.org/snark
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@janusz
most stuff is published via zerosync and other contributors githubs + their telegram chat. Links here: https://bitvm.org/ Also, this is probably the best repository of BitVM related content/posts that might have what you're looking for. https://github.com/Rsync25/awesome-bitvm?tab=readme-ov-file
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@janusz
Something else to look forward to is our next testnet adding support for Arbitrum fraud proofs. Lots of exciting stuff. Lmk if you have any q's! You can read the full update here: https://research.arbitrum.io/t/decentralized-timeboost-r-d-update/9550/2
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