Summary:
Rootstock has interactively verified a Zero-Knowledge SNARK proof.
The verification was conducted using BitVMX, a modified version of BitVM.
This represents a major leap forward for the BitVMX proving system.
The breakthrough allows for on-chain validation of SNARK verifiers.
Opens doors for programs compiled to the RISC-V architecture.
Rootstock's Major Leap in Zero-Knowledge Proofs
Rootstock, the Bitcoin layer 2 solution, has achieved a significant milestone by interactively verifying a Zero-Knowledge SNARK proof using BitVMX, its modified version of BitVM. This development could be a game-changer for the integration of zero-knowledge proofs within the Bitcoin ecosystem.
What are Zero-Knowledge SNARKs?
Zero-knowledge SNARK (Succinct Non-Interactive Argument of Knowledge) allows one party to prove knowledge of a fact without revealing the information itself, and without the need for interaction between the prover and verifier.
Significant Milestone Achieved
On Thursday, the verification occurred on Rootstock's mainnet, having been completed on the testnet just a day prior. According to Rootstock's team, this breakthrough demonstrates the capability to challenge and validate the execution of a SNARK verifier on-chain. They stated, "This development represents a major leap forward for the BitVMX proving system."
Implications of the Breakthrough
This significant advancement opens up possibilities for replicating this verification process with any program compiled to the RISC-V architecture, leveraging BitVMX’s general-purpose virtual CPU.
Related Developments
In related news, the Bitcoin layer-2 chain Bitlayer recently raised $11M led by ETF issuer Franklin Templeton. This funding indicates growing interest and investment in Bitcoin scaling solutions and layer-2 technologies.
Stay tuned for more updates on the evolving landscape of Bitcoin and blockchain technology.
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