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BTC $60,750.55 -2.27%
ETH $1,554.95 -6.49%
BNB $573.10 -3.00%
XRP $1.08 -3.29%
SOL $62.38 -5.35%
TRX $0.3192 -1.94%
DOGE $0.0812 -3.00%
ADA $0.1555 -4.53%
BCH $217.32 -2.64%
LINK $7.31 -3.25%
HYPE $59.21 -4.57%
AAVE $61.19 -6.86%
SUI $0.7003 -1.76%
XLM $0.1985 +4.56%
ZEC $359.25 +17.41%

Citrea has deployed its BitVM-based bridge Clementine to the Bitcoin testnet

2024-09-24 22:23:44
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ChainCatcher news, according to CoinDesk, the Bitcoin ZK Rollup protocol Citrea has deployed its BitVM-based bridge Clementine to the Bitcoin testnet.

The Citrea team describes Clementine as a "trust-minimized bidirectional peg program," essentially a way to lock Bitcoin on the main chain and then mint an equivalent Bitcoin token for use on Citrea; to reverse this process, the token must be burned, after which Bitcoin can be withdrawn on the Bitcoin blockchain.

Clementine leverages BitVM, a computational paradigm introduced by Bitcoin developer Robin Linus last year, designed ultimately to enable Ethereum-style smart contracts on Bitcoin while also paving the way for zero-knowledge computation.

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