Weekly #19
December 27, 2024 - Week 52
Welcome to Fairgate Weekly's last 2024 edition. As always, we're sharing our curated selection of disputable computing articles and more for you to stay updated.
Take a look at this week's articles, and don't forget top subscribe to recieve future editions.
The BitVM team introduces a new PR to improve performance in proof verification. This update adds hinted Fp12 inverse, reducing computational overhead for zero-knowledge proof systems.
 | BitVM |
Two new articles by Citrea. In the first one the Citrea team introduces its Prover, which aims to optimize proof generation on Bitcoin, improving efficiency and scalability for zero-knowledge applications. In the second one, Citrea announces Kumquat, the first fork on its platform. Kumquat aims to explore new use cases and governance models, taking advantage of Citrea’s blockchain architecture.
Read first article:
🔗 Citrea’s Prover: Designed for Bitcoin
blog.citrea.xyz
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Kumquat: The First-Ever Fork on Citrea
Forks allow systems to upgrade (or sometimes downgrade) to a different set of rules. In the context of Citrea, the maintainers and community will perform a series of forks over the testnet and mainnet to keep improving the protocol. Every system upgrades differently, most popularly via hard forks or soft forks. Kumquat is an example of a hard fork.
Two new articles by the Fiamma team. In the first one Fiamma discusses liveness, analyzing how its protocol ensures consistent transaction processing and fault tolerance. In the second one, Fiamma announces the release of Bridge v0.3.0, introducing the BitVM2 Challenge Module, a bridge fee model, and a dynamic gas fee mechanism.
Read first article:
🔗 BBBB Blog 002: Liveness
medium.com/@Fiamma.io
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Fiamma Bridge v0.3.0: BitVM2 Challenge Module, Bridge Fee Model, and Dynamic Gas Fee Mechanism
After processing 508,652 transactions and serving 58,213 alpacas in a few days, Fiamma Bridge v0.2.0 underwent rigorous stress testing on Signet. During testing, heavy congestion on Signet significantly impacted the bridge’s performance. The operator struggled to supply UTXOs on time due to the pre-set gas fee rate, exacerbating delays. To solve this, we’ve introduced a dynamic gas fee mechanism that adjusts to real-time network conditions on Signet. This update has dramatically reduced bottlenecks and enhanced bridge efficiency during peak congestion.
That's a wrap for this edition. 2024 has been an amazing year for Fairgate, and we are looking forward for 2025 to bring more exciting projects and news to share with our community.
Have a great new year, and as always, let's keep on building.
The Fairgate Team