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Last Week in Bitcoin (Sep 1-7, 2025)
Another @tuma weekly report, highlighting what happened at the bitcoin++ in Istanbul about Bitcoin scaling solutions. Here below the summary of the highlights of what developers and researchers have been working on, and presenting next-generation Bitcoin technologies. I was surprised to see what was presented. No mention Lightning.

Major Technology Developments

BitVM and Zero Knowledge Proofs

  • Primary Focus: Improved bridging solutions between Bitcoin and sidechains/rollups using Zero Knowledge Proofs (ZKPs)
  • BitVM Family: Multiple projects working to bring Bitcoin into decentralized finance (DeFi) applications
  • Important Note: Many projects claiming to use "ZK" technology aren't actually implementing true zero-knowledge proofs

Garbled Circuits - The Game Changer

  • Revolutionary Optimization: Garbled Circuits emerged as a key innovation for BitVM implementations
  • Technical Breakthrough:
    • Current BitVM2 SNARK verifiers: ~4MB (size of entire Bitcoin block)
    • New Garbled Circuit verifiers: ~70KB (100x improvement)
  • Future Development: Teams planning migration to BitVM3 implementations using Garbled Circuits

Ark Protocol

  • Core development teams presented Ark's scaling advantages and trade-offs
  • Multiple discussions on how Ark could enhance Bitcoin scalability

Conference Resources

Video Content

Hackathon Results

Competition Details

  • Prize Pool: 5M satoshis
  • Duration: 3-hour intensive development sprint
  • Participants: 9 Bitcoin-focused teams
  • Judging Criteria: Olympic gymnastics scoring system (difficulty, execution, overall effect)

Winners

  1. 🥇 First Place: Artmak
    • Ark-based wallet implementation
    • Demonstrated Ark scalability testing
    • Also won "Best Design" award
  2. 🥈 Second Place: CoreLLM
    • AI agent trained on Bitcoin codebase
    • Designed to help junior developers learn Bitcoin development
  3. 🥉 Third Place: ZKPoor
    • Privacy-focused proof-of-reserves tool
    • Cryptographic verification without revealing addresses or UTXOs

Special Recognition Awards

Technical Resources

BitVM Documentation

Research Topics Discussed

  • Bitcoin as base layer for peer-to-peer credit systems
  • Bitcoin quantum computing considerations
  • Privacy improvements through BitVM implementations
  • Scaling solutions beyond traditional approaches
0 sats \ 1 reply \ @tuma 17h
Thanks for sharing!
Btw, no lightning talks because there will be a dedicated lightning conference in Berlin in October!
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Look forward to it
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