Bitcoin sidechain developers improve scaling of the Bitcoin system


Bitcoin scaling issues have long been a topic of debate. But what if there was a way to supercharge its transaction capacity without touching its core code?


Bitcoin Virtual Machine (BitVM) is the answer. BitVM was designed to perform more complex operations on the Bitcoin network. It can be compared with Ethereum's Virtual Machine (EVM), which does the same for Ethereum. 


Developers working over the second version of BitVM have released a new whitepaper, which outlines updates to the BitVM bridge.  


In my opinion, this approach is definitely a smart move by the developers. They addressed the scalability concerns, one of the most pressing issues in today’s crypto landscape, without compromising security and decentralization. It can bolster Bitcoin's ability to handle more complex and higher-volume transactions, increasing its utility and appeal. 


#Bitcoin #BitVM #Crypto #Blockchain #Scaling #Ethereum #EVM #BitcoinVirtualMachine #Cryptocurrency #TechInnovation


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