Weekly #18
December 20, 2024 - Week 51
Greetings everyone, a new edition of Fairgate Weekly is here to share the most interesting Disputable Computing content on the web.
Take a look at this week's articles:
Two new articles by the Fiamma team. In the first one Fiamma unveils Bridge v0.2.0, a trust-minimized Bitcoin bridge based on BitVM2. In the second one, Fiamma shares a detailed security analysis of its verification layer, focusing on its robustness against attacks and highlighting its design principles.
Link to articles:
🔗Unveiling Fiamma Bridge v0.2.0
medium.com/@Fiamma.io
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BBBB Blog 001: Security Analysis
BBBB stands for BitVM2-Based Bitcoin Bridge. In the BBBB Blog Series, we will explore the groundbreaking tech and design behind the Fiamma Bridge, the first trust-minimized Bitcoin bridge powered by BitVM2. This article focuses on the security considerations in BitVM2 Bridge design.
LayerEdge explores Bitcoin scaling with and without proof aggregation, comparing their impact on transaction throughput and efficiency. The article highlights the potential of proof aggregation for Layer 2 scalability.
blog.layeredge.io
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Bitcoin Scaling Showdown: With and Without Proof Aggregation
Proof aggregation builds on the concept of ZK proofs by combining multiple transaction proofs into a single proof. This aggregation significantly decreases the blockchain’s storage and processing requirements.
Bitcoin Magazine explores "un-fe'd covenants," a new approach by Jeremy Rubin to enforcing conditions on Bitcoin transactions. The article examines their potential use cases and implications for Bitcoin’s programmability and security.
bitcoinmagazine.com
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A Last Resort: Un'FE'd Covenants For Bitcoin
The first part of the scheme is obviously the oracles that enforce different covenant conditions. This is a relatively straightforward set up, and the first building block necessary for Jeremy’s proposal. The oracle has custody of the funds in this scheme, and is entrusted with the enforcement of the covenant conditions. You want the oracle to not have to locally keep track of the covenant conditions being enforced for each coin it custodies.
That was it for this edition of Fairgate Weekly. Hope you enoyed it and learned something new along the way.
Until next time, and thanks for reading!
The Fairgate Team