I don't understand it fully but gut feeling says it's too unpredictable due to complexity. Would hate some unpredicted nasty side effects!

Scammers developing tools to scam.

Needs a lot of work to be useful, but a highly interesting idea.

Potentially good but looks like some type of sh!tcoiner attack vector is the low hanging fruit among possible outcomes. Good = unforseen potential Nightmare = Ordinals 2.0 but even worse

Very early, lots of research still to do, not a silver bullet (a small application may require GB or TB of storage by each participant), don't trust the shitcoiners who build wrapped bitcoin.

Very early, very excited. Who knows where bitcoin will be in the next 5 years, BitVM came out of nowhere with some pretty big implications.

What is it?

It will be a good thing for bitcoin to bring more use cases on bitcoin. The traditional system will be built on bitcoin. So I hope your ready for that. #btc https://image.nostr.build/694a3e3091ec5479279140a6cc797b81edc1b3cb9ee7b0b8b658ce0fa4be134f.jpg#m=image%2Fjpeg&dim=593x507&blurhash=%3B8SF%40Sax...

I can't say I understand it very well but in my uninformed opinion it seems long promises and short utility. But I'd love to be wrong

I'd rather leave Bitcoin as money and use other systems for other things. Putting too much complexity increases the odds of bugs, security problems, and attack vectors. We need to accept the gift we have and not try to make it "better" in ways that will likely fuck it up.

As I read the whitepaper, it almost seemed like each logical step would need an on-chain transaction. It would be very slow to use as a back-and-forth medium, but it could be used to prove something globally for all of humanity, like the anonymized aggregate result of an election. Useful for provin...

Has the potential to change a lot of things. If you believe in bitcoin, you should believe in programmable bitcoin.

After a quick read, I'm not sure. Maybe after seeing a specific use case for it, it might help me make up my mind. https://bitvm.org/bitvm.pdf

I think the most exciting thing about it is it opens up further the true innovation potential of technical utility that exists in EVM in the BTC ecosystem. Ethereum isn't about money / currency - it's about all kinds of other technical utility (if you can find them in the crazy/ scammy etc) & combin...

Speculative with some .eth vibes, but still good to see development outside of Bitcoin Core without pining for consensus changes.

I think BitVM is interesting. But more broadly, I think it shows that innovation on bitcoin, without changing any of its code, is possible. It reminds me of a "quote": Innovation finds a way - Jurassic Park

Still don't don't get it but look so powerful.

Piles and piles of practical constraints that need to be worked through to see if any realistic systems using it are practical, but really cool tech.

It sounds like a useful primitive and a logical fit. BitVM seems to be a method of expressing an inviable proof of a contract outcome. An immutable ledger that knows only truth is an ideal place for such a proof.

Worth investigating. No change to consensus, no opcodes needed. Will it work? If Bitcoin is to be the internet of information and value, eventually all worthwhile (and junk) projects will get built on top of it. The alts that need real security and prove valuable will migrate to Bitcoin. If BitVM w...

We did not transact in gold pre 1971 we did this in currency as you know… we needed infrastructure for us to work with fiat. Fast forward 10 years bitvm and others like sovryn bitcoinOs will be that infrastructure as btc plays her role as gold did.

How different is it from SatoshiVM?

It's got a long way to go but will be the thing that destroys all the crypto use cases.

It's fascinating, but I haven't spent enough time studying it to have a strong opinion. I've only heard a little bit about it on the bitcoin dot review podcast.

Im concerned its a patent claim trap

The following are some of the limitations of BitVM that the team is still working to overcome: - In its current state, BitVM is only a two-person model. This limitation means it cannot support large-scale decentralized applications with multiple transacting parties. - On-chain verification could s...