I always feel that in the near future

there will be new developments in the BTC ecosystem.

BitVM has made new progress again.

I also took a look,

currently the best team implementing this technology should be Fiamma

@fiamma_labs

For friends who don’t understand, let me explain:

BitVM in simple terms means

using a mechanism of verifying computations + optimistic challenges

to enable the BTC chain to execute smart contracts.

In other words,

it only allows the Bitcoin network

to make decisions in disputed cases to penalize the malicious party,

maximizing low-cost decentralization.

Users no longer need to

worry about centralized custodians going bust

or strange sidechains or multi-signatures.

BitVM is native to BTC

and is a very impressive innovation.

Anyone following the BTC ecosystem should have heard

of Babylon and Bob.

Fiamma is heavily invested by these two companies,

yes, the two major BTC projects,

and is the official partner of the BitVM bridge,

led by top Silicon Valley venture capital Lightspeed Faction.

What they do can be simply explained as:

through their BitVM bridge,

the core of it is to safely use BTC

in any ecosystem's DeFi with minimal trust and seamlessly.

Fiamma is the first team to implement BitVM2.

They are founding members of the BitVM alliance.

Last August, they enabled BTC on Signet

to verify ZKPs optimistically.

The product already has 172,000 users

and over 3 million transactions.

I also tried it myself,

it indeed allows me to use BTC in DeFi,

and it's quite powerful, hahaha.

Mom no longer has to worry

that my BTC can’t get onto DeFi.

The beta testnet just launched recently.

For those interested in the BTC ecosystem,

I strongly recommend interacting firsthand.

It's a top investment institution in Silicon Valley,

and also the official investment and partnership project for the BitVM bridge of the two major Bitcoin leading projects.

Very promising.

🔗 The link is below,

I suggest you use my invitation link,

don’t be ungrateful.