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BitVM

How Viable Are BitVM Based Pegs?

BitVM earlier this year came under fire due to the large liquidity requirements needed for the pool (or other system operator) to be able to process withdrawals for two-way peg mechanisms that are built using BitVM's design. Galaxy, an…

The BitVM Liquidity Crunch Issue

BitVM has recently come under some scrutiny after the Taproot Wizards, Tyler and Rijndael, posted their criticism of the liquidity requirements imposed on the operator of a BitVM based two-way peg. In all the recent discussions around BitVM…

BitVM 2: Opening Up The Playing Field

Last October Robin Linus from Zerosync dropped a bit of a bomb in the form of BitVM. One of the longest running criticisms of Bitcoin is that it is not possible to make arbitrary programs to control how money is spent or locked. Bitcoin…

BitVM: But Can It Run DOOM?

Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates.______________________________________________________________So, some…