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BNB $586.72 +3.07%
XRP $1.08 +1.01%
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TRX $0.3278 +0.49%
DOGE $0.0703 -0.26%
ADA $0.1681 +2.48%
BCH $219.07 +4.05%
LINK $8.48 +1.82%
HYPE $53.63 -2.81%
AAVE $99.46 +0.78%
SUI $0.6959 +1.26%
XLM $0.1727 -0.39%
ZEC $474.12 +1.82%

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

2024-09-24 22:23:44
Collection

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Bitcoin token for use on Citrea; to reverse this process, the token must be burned, after which Bitcoin can be withdrawn on the Bitcoin blockchain.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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