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The founder of BitVM has released the third generation protocol, improving the verification efficiency of SNARK proofs by a factor of k.
Gate News bot message, BitVM founder Robin Linus announced the latest progress of the BitVM3 protocol through social media. The protocol employs optimistic computation and obfuscated circuit technology, reducing the on-chain data size of SNARK proof verification from 2~4MB in BitVM2 to 56kB for assertTx and 200 bytes for disproveTx.
BitVM was first proposed by Robin Linus in 2023 and aims to implement complex computations and smart contract functions on Bitcoin. The system operates using an off-chain computation and on-chain dispute verification model.
Currently, Robin Linus has formed the BitVM Alliance, which includes members such as Fiamma, Zerosync, Element Labs, and Citrea.
Source: Wu Shuo
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