what is BitVM?
 BitVM is a novel approach to enabling smart contract functionality on Bitcoin without altering its core consensus rules. By leveraging off-chain computation and fraud proofs, BitVM allows complex operations to be executed securely while preserving Bitcoin’s decentralization and security.

Key Features of BitVM:

- No Protocol Changes Required: Operates within the existing Bitcoin framework, aligning with its conservative ethos.
- Enhanced Flexibility: Enables advanced smart contracts, though currently limited to two-party interactions.
- Challenge-Response Mechanism: Ensures data integrity through interactions between a Prover and a Verifier.
- Off-chain Computation: Most processing happens outside the Bitcoin network, reducing blockchain load and improving efficiency.

Advantages?
Adds programmability to Bitcoin, paving the way for smart contracts, oracles, and decentralized finance (DeFi). The off-chain approach also enhances network scalability.
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