BitVM's goal is to scale Bitcoin, not be a pseudo-Ethereum, says developer

Building A decentralized exchange on Bitcoin would be be A "stage backward, " For example, said Bitcoin developer Great Testnet.

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A of THE developers functioning on “BitVM” — A Based on Bitcoin virtual machine — reiterates THE technology East destined has ladder Bitcoin instead that launch Like Ethereum decentralized finance apps on THE network.

BitVM white paper was released by ZeroSync project lead robin Linus on October. ten with technical support provided by pseudonym developer "Great Testnet” — execution BitVM First of all proof of concept And functioning on expansion BitVM abilities.

On It is release, a few industry experts shape THE impression that BitVM would be bring Challenge has Bitcoin as What THE Ethereum Virtual Machine (MVE) did For Ethereum.

Lightning Also autumn short In THE scaling department. It is nowhere close solve scalability.We need more complementary things.

> This East just another challenge on Bitcoin attempt.

Again, THE motivation behind BitVM by THE author was not Challenge. He was scaling.

— Hampus (@hampus_s) October 12, 2023

However, Great Testnet tell Cointelegraph that BitVM East focused on scaling instead that be about execution clever contracts And A avalanche of altcoins:

"THE real killer application East scaling Bitcoin. [Robin Linus is not it] A big fan of clever contracts. he is not A big fan of increasing Bitcoin expressiveness. He Really East interested In manufacturing he SO that Bitcoin can process millions of transactions by second."

Great Testnet said he doesn't to want BitVM...