22 sats \ 4 replies \ @boisechampion 22 Dec 2023 \ on: What is BitVM? And why does it matter to rollups? bitcoin
More important, what does BitVM do for me?
I don't care how it works. I don't know any technical terms. I don't know what rollups are and I don't care to know. Describe the actual benefits and solutions to me personally using real world examples.
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11 sats \ 1 reply \ @Neo 22 Dec 2023
Exactly, seems that nobody can tell us? :D #308842
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5 sats \ 0 replies \ @boisechampion 22 Dec 2023
Thank god. I’ve felt like an idiot for weeks. Glad I’m not the only one
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0 sats \ 0 replies \ @patrick1 23 Dec 2023
Rollups are what they sound like, a way to "roll up" transactions and post them as one transaction to the main chain. They get us lower fees in a more trustless and less complex way than lightning (no need for liquidity or channel management).
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0 sats \ 0 replies \ @Rsync25 OP 22 Dec 2023
2WP for sidechains.
More info: https://github.com/Rsync25/awesome-bitvm?tab=readme-ov-file#potential-use-case
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