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BitVM, a smart contract framework for Bitcoin, has secured support from mining pools controlling 31.5% of the network’s hashrate. This development ensures broader adoption and functionality for Bitcoin-based smart contracts without altering the base protocol.
- BitVM allows complex smart contracts on Bitcoin without modifying the base protocol.
- Major mining pools like Antpool and F2Pool now support BitVM, covering 31.5% of Bitcoin's hashrate.
- BitVM's design resembles optimistic rollups, enabling offchain execution with onchain verification.
📎 Related coverage from: cointelegraph.com
Related Tags: Bitcoin
Other Tags: AntPool, Blockchain, F2Pool