Security Assumptions in BitVM3 Bridges
A new presentation by Ekrem Bal at bitcoin++ examines the security assumptions behind BitVM3 and Binohash in Bitcoin bridge constructions.
BitVM3, Binohash vs soft forks | EkremBAL | bitcoin ++
@bitcoin++
BitVM3 and Binohash are exciting developments, but their impact on Bitcoin bridge security is often misunderstood. BitVM3 mainly improves collateral efficiency, making bridge constructions more capital efficient, while Binohash enables new forms of transaction introspection in Bitcoin Script with important limitations.