Bitcoin Smart Contracts and BitVM

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In this video, I discuss BitVM, which is a new way to bring Turing-complete computation to Bitcoin without unnecessarily burdening the base layer as Ethereum does with the EVM.

Here's the good news about BitVM:

BitVM does NOT require a soft fork or any protocol changes.

BitVM does NOT bloat the Bitcoin blockchain.

BitVM computations are NOT executed on Bitcoin, but merely verified using the Bitcoin network.

BitVM is a great example of how setting constraints can foster dev creativity, while still maintaining Bitcoin's core values of security and decentralization.

Not investment advice! Consult a financial advisor.

Does Bitcoin Have Smart Contracts?
https://www.youtube.com/watch?v=BgZXaS8vaJE&ab_channel=BitcoinUniversity

BitVM white paper:
https://bitvm.org/bitvm.pdf

BTC whales buying, ETH whales dumping:
https://decrypt.co/201674/bitcoin-ethereum-whale-comparison-glassnode

BitVM explained in 4 slides:
https://twitter.com/btcillustrated/status/1712440417524810227

Shinobi's articles on BitVM:
https://bitcoinmagazine.com/technical/the-big-deal-with-bitvm-arbitrary-computation-now-possible-on-bitcoin-without-a-fork
https://bitcoinmagazine.com/technical/bitvm-but-can-it-run-doom

Stephan Livera podcast on BitVM:
https://twitter.com/stephanlivera/status/1712469817595470253

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#BitVM

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