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mastermjr's avatar

https://x.com/WuBlockchain/status/1962496860087545929

THIS IS EVM on native btc:

“””

The holy grail is combining the two gold standards: Bitcoin as the most decentralized and secure network, and the EVM as the most proven virtual machine,” said Domo, the creator of BRC-20. “The aim is to give users the Ethereum experience of composability and programmability, but secured by Bitcoin.”””

i don’t understand why we need https://babylonlabs.io/ or satlayer when they don’t validate back onto BTC, and run on their own seperate chains… that diagram with tower and the other components of salt layer, just seemed like it created alot of unneeded tokens and interest on fake assets, and so much complexity…

Bitcoin has always just made sense to me, after I finally read the whitepaper in gradschool. Wish I’d had the experience to understand it earlier, but ah well

Another alternative to BRC-20 2.0c that makes more sense to me is

what the ADA/lace people have done as well, lace wallet enables ADA transactions and btc transactions via BITVM, that are validated on bitcoin via a native VM protocol

https://www.lace.io/bitcoin

could be I’ll be proved wrong on this take, but I believe that protocols and concepts that are simple and powerful and open tend to have lasting stay power vs closed and/or complicated. just look at development of internet through 80s 90s and 2000s… simple and open destroyed closed and complicated (unless you talk about corporate supported projects, but microsoft and intel can tell you all about that)

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(ICM) - IcemelonOfficial's avatar

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