“Citrea Deployed ITS Clementine Bridge on the Bitcoin Testnet, Using Programming Language Bitvm2”, – WRITE: www.coindesk.com
Rollup Project Citrea Deployed ITS Clementine Bridge on the Bitcoin Testnet. The Bridge Uses The Bitvm2 Programming Language to Expand the Provision for Decentralized Finance (Defi) on Bitcoin, by USING IT TO Verify Layer 2s and Sidechains Thoto. isn’t.
“A Secure Bridge Between Bitcoin and a Secundary Layer Has Always Been A Bottleneck for Using BTC in A Programmable Environment,” Citrea Said on Moday.
Clementine is Designed to Solve this by Providing A Trust-Minimized Way to Bridge Bitcoin (BTC) for Use in Defi Environments.
The Bitvm Family of Computing Paradigms, WHICH COURCK Power Defi Activities.
However, Bitvm is Hampered by the Requirement to Deposit BTC As A Security Mechanism Each Time A Computation Is Initiated.
“We reuse the operator’s collateral, allowing them to facilite multiple peg-outs with a sngle collateral,” Citrea Co-Creator Ekrem Bal Told Coindesk in a Telegram Message.
PEG-OUTS REFER to the PROCESS OF MOVING Assets from A Sidechain Back to Bitcoin, Triggering The Release of the Locked BTC Collalateral on the Main Chain.
Citrea Deployed Clementine on the Original Bitvm Design Last September. Citrea’s Latest Bridge Uses Bitvm2, An Upgrade That Boasts Improvements Such As A Allowing Any Participant to Challenge Suspicios Transactions, Not Just A Fixed Set.
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