Rollups on Bitcoin $BTC? RollkitDev unveils demo, but ryanberckmans criticizes the idea
, can be used to publish data to Bitcoin and recover it. The platform is blockchain-agnostic by design; it is compatible with all major execution layers , including the likes of EVM, CosmWasm as well as Cosmos SDK.
The team of Rollkit published a demo version of Ethereum Virtual Machine running on the top of Bitcoin . In the demo, EVM becomes fully functional on the top of the"local" Bitcoin testnet as a"sovereign rollup."Such a release might be a game changer in terms of the availability and resource efficiency of new blockchains; sovereign chains will retain the security and decentralization of their L1s.
A 'sovereign rollup on Bitcoin' is actually an alt L1 that stores its block data on Bitcoin. It's not a real rollup or a real L2. In my opinion, the best way for us to fight back against these lies is to build an Ethereum zk L2 that puts its data on Bitcoin. Should this"real" ZK-powered second-layer solution on Bitcoin be activated, the entire Bitcoin network would be able to onboard a"small part" of Ethereum's L2 ecosystem. At the same time, it would be a good"appetizer" before the much-anticipated"flippening."
For years, developers are introducing various scaling designs that would introduce Bitcoin to the L2 ecosystem: Lighting Network payment channels, Stacks and Rootstock smart contracts platforms and so on.
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