Mainnet

BitEVM: Unleashing Scalable DeFi on Bitcoin

BitEVM builds upon the groundbreaking foundation laid by SatoshiVM, evolving into a next-generation decentralized Bitcoin ZK Rollup Layer 2 solution. This powerful platform seamlessly integrates with the OrdiVM ecosystem, offering users the best of both worlds: the unparalleled security and value proposition of Bitcoin, combined with the programmability and flexibility of OrdiVM.

Here's a deeper dive into the core technologies powering BitEVM:

Streamlined Transactions with ZK Rollups: BitEVM leverages the efficiency of Rollup technology. It bundles multiple transactions off-chain and submits them as single batches for verification on the BitEVM Rollup Node. This significantly reduces the workload on the Bitcoin network, enabling faster and cheaper transactions.

Advanced ZK Verification: Inspired by BitVM, BitEVM employs a cutting-edge ZK verification scheme that eliminates the need for a challenge-response protocol. This method utilizes Taproot scripts to verify function execution within BitEVM without modifying Bitcoin's consensus rules. This ensures the secure and efficient validation of transactions on BitEVM.

Maintaining Transparency with Data Availability: To uphold transparency, BitEVM transmits block transaction data to the Bitcoin mainnet. This allows anyone to independently verify the accuracy of computations performed on the BitEVM platform, fostering trust and accountability.

Native BTC Gas: Similar to how Ethereum Layer 2 solutions utilize ETH for gas fees, BitEVM leverages native BTC as gas for transactions within the BitEVM environment. This ensures a familiar and secure gas fee structure for users familiar with the Bitcoin ecosystem.