Mark.Ynx

The #x402 Protocol is fascinating, but 3 challenges remain: 1. Token Dependency: Reliance on #EIP3009 limits adoption (mostly $USDC). 2. Latency is King: Favors high-speed chains (e.g., #Base & #Solana). 3. Incentive Question: How is the Facilitator compensated?

@ekrembal @JeremyRubin Should the red rectangle part be repeated a number of times equal to the watchertowers' count, and also a number of times equal to the count of disprove transactions?

Today we introduce Clementine V2, the next significant upgrade to our current BitVM2 based Clementine, coming after mainnet. Clementine V2 completely removes liquidity requirements, made possible by three key papers: 1. rubin.io/public/pdfs/de… by @JeremyRubin Delbrag utilizes garbled circuits, significantly reducing costs by moving most computation off-chain. Disproving malicious actions becomes extremely cheap, removing the need for operator collateral to cover costly BitVM2 transactions. 2. eprint.iacr.org/2025/964.pdf by @FairGateLabs TOOP (Transfer of Ownership Protocol) removes the requirement for operators to front cover withdrawals by significantly increasing presignings. 3. citrea.xyz/clementine_whi… These innovations align perfectly with our existing bridge design, which introduced Round Transactions. Round Txs halt fraudulent operators immediately, preventing theft and removing malicious actors from the set. With Clementine, garbled circuits only need a single initial setup. Additionally, Round txs have multiple outputs, allowing us to randomly select some for signing deposits. This trick significantly reduces the number of required presignings. Since TOOP exchanges less liquidity requirements for additional presigning, it integrates seamlessly with our Round tx strategy. Here's the full transaction diagram (timelocks are arbitrary for now):

@JeremyRubin @mononautical never mind, I find it here: delvingbitcoin.org/t/how-ctv-csfs…😃

@JeremyRubin @mononautical would you mind to share the original script of these two transactions?

✓ script validated under consensus rules Funding txid : dc7a6aeaa54560612e79e6d0dd5c5435d603a50bb634ee309c86e94fab41fa84 Funding tx : 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 Spending tx : 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

Let’s activate CTV + CSFS. By combining @JeremyRubin's CTV trick with our current BitVM bridge design, we can get rid of the presigning committee. Read more: delvingbitcoin.org/t/how-ctv-csfs…

Robin suggested using OP_CTV to optimize the #BitVM protocol, and I’ve implemented a demo showcasing this idea! 🚀 In this version, the presigning committee is completely removed. ✅ Code: github.com/bitlayer-org/b… 🛠 Follow the README and verify it yourself! #Bitcoin #OP_CTV

@BitlayerLabs let's get nuts

"ETF issuer Franklin Templeton leads $11 million Series A into Bitlayer in bid to scale Bitcoin network" fortune.com/crypto/2024/07…

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