GOAT Network releases BitVM2 Testnet V3, advancing native Bitcoin security and trustless governance

robot
Abstract generation in progress

ChainCatcher Message, GOAT Network officially releases GOAT BitVM2 Testnet V3, taking a key step towards the implementation of native Bitcoin zkRollup. This testnet uses Bitcoin as the final arbitration layer, aiming to enable BTC to participate in real financial activities without relying on custodians, committees, or multi-signature trust assumptions.

Unlike most BTCFi solutions that depend on custodians or majority honest assumptions, GOAT BitVM2 uses the BitVM2 mechanism to allow error declarations or malicious behavior to be challenged in extreme cases, with final arbitration based on Bitcoin’s mainnet rules.

Testnet V3 features key optimizations such as off-chain execution, Bitcoin-anchored ordering, and dispute resolution mechanisms governed by Bitcoin. It will later introduce BitVM2-GC to significantly reduce challenge costs, making security assumptions practically verifiable for the first time.

BTC-1,97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)