Citrea, the first true Bitcoin-based ZK rollup, has been unveiled, marking a massive change to the Bitcoin ecosystem. This new technology aims to significantly increase transaction throughput and ensure full Ethereum Virtual Machine (EVM) compatibility. Developed by the knowledgeable team at Chainway.xyz, Citrea is built using BitVM and includes a trust-minimized two-way peg, which is currently under heavy development. It is designed to allow the porting of smart contracts and enable real decentralized finance (DeFi) secured by the Bitcoin network.
Scroll has been successfully integrated into the mainnet of Router Nitro, our cross-chain bridge. This integration enables users to easily transfer or exchange assets from any EVM or non-EVM chain directly to the @Scroll_ZKP network. Explore it here: https://t.co/d227RFLILW https://t.co/Dbt602ZXNR https://t.co/DBG13saCns
It's time for the first true Bitcoin-based ZK rollup! This narrative will be big and today I will introduce you to what I think will be the leader in the Bitcoin L2 space! A trust-minimized ZK rollup powered by @RiscZero and BitVM tech. We are still early, anon! Alpha-🧵 https://t.co/BpXL9Hi3Tp
Y'all gotta check out @citrea_xyz! They're launching the first ZK rollup on Bitcoin using BitVM. It's also EVM compatible, so we'll be able to port over a lot of smart contracts. Real DeFi secured by Bitcoin itself is coming to Bitcoin soon!
> ”citrea comes with a native ZK proof verifier smart contract on bitcoin L1 built in bitVM” > ”trust-minimized two-way peg with bitVM is under heavy development” the @chainway_xyz team behind this is a legit, knowledgeable team. really looking forward to what they can produce! https://t.co/D5RJRBHMai
Yes, this is actually real 🤯 Citrea is a massive change to the Bitcoin ecosystem by allowing a massive increase in transaction throughput on Bitcoin as well as full EVM compatibility. Let's break down what that actually means in approachable language. A lot of the terminology… https://t.co/U3WjwqN6eK
1/7 Today, Bitcoin’s First ZK Rollup comes out of stealth. Introducing Citrea 🍊🍋 Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero knowledge technology. https://t.co/q4eTZNKIgk