Bitcoin developer Robin Linus has proposed a new approach called BitVM that would allow for arbitrary computation on the Bitcoin network without the need for a soft fork. This proposal aims to incorporate Ethereum-style smart contracts into Bitcoin, enabling the network to support Turing-complete contracts without disrupting the original protocol. BitVM utilizes fraud proofs and a challenge-response protocol similar to Ethereum’s Optimistic Rollups, allowing for the verification of computable functions on the Bitcoin network. The white paper suggests that BitVM could expand Bitcoin’s computing capabilities beyond its traditional functions and introduce new applications such as Chess, Go, or Poker. The response from the crypto community has been mixed, with some expressing optimism about the development while others have raised questions about its limitations.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	0
People	Robin Linus
Companies	Bitcoin, Ethereum, BitVM, Paradigm, Lightning, BTC network, Tether
Currencies	Ethereum, Bitcoin
Securities	None