Computing on Bitcoin #40
May 23, 2025 - Week 21
Each week, we bring you the most relevant updates from across the Bitcoin ecosystem—from cutting-edge protocol developments to emerging applications and infrastructure.
Let’s get into it.
FAIRGATE IN VEGAS 2025 - Our participation in one of the biggest industry events of the year keeps expanding!🤩:
May 27th - we will be presenting a trust-minimized protocol to make Bitcoin assets (BTC, Ordinals, any UTxOs) directly usable in DeFi applications together with Input | Output.
🔗 Find more details and register here: : Put your BTC to work with DeFi
Wed 28th - a special BitVMX Force session will take place to expand on every technical detail related to Tuesday's presentation, while also tackling some of BitVMX's most exciting updates: ESSPI, Transfer of Ownership protocol, and more! Founding member companies' teams will be presenting on these and other topics.
🔗Seats are very limited, so secure your spot as soon as possible here: BitVMX FORCE: Transfer of Ownership & ESSPI in Action
Looking forward to meeting you there!
BitVMX has released its 2025 Roadmap: a vision to bring expressive, dispute-resolved computation to Bitcoin. It introduces protocol upgrades for efficiency and security, SDKs for developers, and interoperability with external zkVMs. It also includes new technical papers and community initiatives.
bitvmx.org/knowledge
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Introducing the BitVMX 2025 Roadmap
The significance of BitVMX lies not only in what it enables, but how it does so. Its design provides a principled path to expressiveness on Bitcoin—anchored in verification, not execution. This approach allows for advanced applications like zero-knowledge rollups, fraud-proof-based smart contracts, and multi-VM interoperability, all while preserving Bitcoin’s core properties of simplicity, security, and decentralization.
Mark “Murch” Erhardt and Mike Schmidt host a discussion with Robin Linus on the benefits of Bitcoin soft forks OP_CTV and OP_CSFS for BitVM.
bitcoinops.org/podcast
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Bitcoin Optech Newsletter #354 Recap Podcast
Mark “Murch” Erhardt and Mike Schmidt are joined by Eugene Siegel, Chris Stewart, Bram Cohen, and Robin Linus to discuss Newsletter #354.
Coinbase introduces advanced ZKP techniques that can prevent breaches like the recent incident by enabling users to verify identity attributes without exposing sensitive information.
medium.com/@concordium
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Concordium’s ZKP Identity Is What Coinbase Needed
Coinbase estimates that the financial impact of the breach could fall between $180 million and $400 million. What’s worse — the implications are not only monetary. They shed a bright light on the weaknesses in the traditional identity infrastructure that underpin even the most advanced digital finance platforms, including the lack of data sovereignty, where users have little control over how and where their personal information is stored, accessed, or exploited.
Thanks for reading this edition of Computing on Bitcoin News!
We’ll see you next Friday with more updates, insights, and innovations from across the Bitcoin space.
Until then—keep building, keep learning, and stay curious.
The Fairgate Team