“The blockchains on Bitcoin powered by BVM will be the first-ever examples of Bitcoin ZK-rollups on mainnet, which is a massive tech breakthrough,” developer @bird2836 said.
The team behind the Bitcoin Virtual Machine last week launched BitZK, a zero-knowledge proofs service that enhances Bitcoin's scalability by allowing users to create rollups and migrate applications from Ethereum to Bitcoin.
Historically, scaling Bitcoin has been problematic, whether through raising block sizes or developing scalable layer-2 solutions. Previously, the network's limited user base allowed developers the luxury of time to make decisions, but the recent increase in on-chain use has accelerated the need for effective scaling solutions.
BVM is charging at least $99 per month for access to its BitZK service, and has already lined up a roster of early users, including Bitcoin layer 2s RWA Chain, POWD3R Blockchain and Octopus Bridge. BVM, launched in January 2023, aims to make the Bitcoin network as generalized as possible. In other words, the team wants to make functionality pioneered on networks like Ethereum possible on the first and largest blockchain.
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