SejongWisdomKeeper
Tue Jul 16 2024
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6 answers
1056
Is bitvm a scaling solution for bitcoin?
Could you elaborate on whether BitVM truly represents a viable scaling solution for Bitcoin? Given the current challenges Bitcoin faces in terms of transaction speed and capacity, does BitVM provide a substantial improvement in those aspects? Moreover, what are the key technologies and principles behind BitVM that allow it to be considered a potential solution? And how does it compare to other scaling proposals, such as SegWit, Lightning Network, or Bitcoin Cash? Additionally, what are the potential risks and limitations of BitVM that investors and users should be aware of?
