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New Document Made Available: GOAT BitVM2 Whitepaper Reduces Challenge Duration to 24 Hours

Seventh of May, 2025, in the bustling city of New York, New York: a release announcement unfolds through Chainwire.

Breaking News: GOAT Network Sets New Standards in Bitcoin Scaling Solutions

New Document Made Available: GOAT BitVM2 Whitepaper Reduces Challenge Duration to 24 Hours

May 7th, 2025, New York, New York, Chainwire

Welcome to the future of Bitcoin, folks! Today, GOAT Network unleashes the GOAT BitVM2 Whitepaper to the masses, revolutionizing Bitcoin's Layer 2 scaling endeavors. Grab a cold one, sit back, and check out the action-packed details at: GOAT.network/BitVM2-whitepaper

What's so special about this GOAT BitVM2 bizness, you ask? Well, buckle up, because it's about to get wild!

Key Scoop: The cat's outta the bag! GOAT BitVM2's speedy dispute resolution, made possible by a nifty multi-round challenger selection mechanism, delivers finality in under a day. This development targets and tackles significant inefficiencies in the previous challenge process, marking a monumental step towards production-ready Bitcoin bridges.

Core Innovations:

  • Powerful Security: Dual-slashing mechanisms keep things tight, deterring operator shenanigans, and safeguarding your assets against double-spend attacks.
  • Win-Win Economy: Fraud bounties in GOAT BitVM2 reward the good guys, boosting participation and fostering honesty in the dispute resolution process.
  • Shared Responsibility: GOAT BitVM2's Universal Operator Model shares the wealth across roles like sequencer, prover, and challenger, promoting fairness and strengthening the network's resilience.
  • Speed Demon: GOAT's in-house zkMIPS zkVM blazes through proof generation like a bat outta hell, making verifications a breeze, and slashing costs!

GOAT BitVM2 is a smart cookie. It uses Bitcoin as the underlying settlement layer, backs the computation with a decentralized sequencer network, and offers direct peg-outs via atomic swap with a 1-of-n honest node presumption. This release mints GOAT BitVM2 as the safest and speediest Bitcoin zkRollup protocol in the game, sparking wider Bitcoin scaling adoption, and setting sail for active Bitcoin engagement.

For the lowdown, jump straight to the whitepaper at: GOAT.network/BitVM2-whitepaper If you have burning questions, reach out to: [email protected]

What's Cooking at GOAT Network:

GOAT Network is the first Bitcoin-natives ZK Rollup, bringing sustainable, native BTC yield to life through a groundbreaking cocktail of innovative components:

  • in-house zkMIPS (the fastest production-ready zkVM),
  • an optimized BitVM2 challenge model (dropping the challenge period from 14 days to less than one day),
  • and a Decentralized Sequencer network.

Addressing the ever-growing demand for BTC yield, GOAT Network introduces a product suite spanning earning, trading, and playing - delivering APYs of 2%-30%+, putting Bitcoin squarely in the spotlight as an active asset. Its cutting-edge economic design establishes trustless yield generation from gas fees, MEV, and miner rewards, eliminating the need for unsustainable token farming.

Other Places to Get Your GOAT On:

Web: GOAT.network

Economic Model: drive.google.com/file/d/1khN4LQFTknGl9x2j-6g2lGpVB3OTbU0/view

X: X.com/GOATRollup

Talk Shop: t.me/GOATRollup

Watch Parties: https://www.youtube.com/@GOATRollup

Let's Connect: discord.com/invite/goatnetwork

Reach Out:

[email protected]

Sources:1. Whitepaper: GOAT Network's GOAT BitVM2 Whitepaper2. Enrichment Data

  • The GOAT BitVM2 Whitepaper revolutionizes Bitcoin's Layer 2 scaling solutions, with a focus on speedy dispute resolution that guarantees finality in under a day.
  • GOAT BitVM2 also introduces a dual-slashing mechanism for powerful security, a multi-round challenger selection mechanism, and a Universal Operator Model for shared responsibility.
  • By leveraging Bitcoin as the underlying settlement layer and a decentralized sequencer network, GOAT BitVM2 offers direct peg-outs via atomic swap with a 1-of-n honest node presumption.
  • As a result, GOAT BitVM2 is poised to become the safest and speediest Bitcoin zkRollup protocol in the industry, fostering wider Bitcoin scaling adoption and active Bitcoin engagement.
New York City, New York, 7th May 2025 - Chainwire Press Release

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