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ZEC $398.20 +6.25%

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Bitcoin token for use on Citrea; to reverse this process, the token must be burned, after which Bitcoin can be withdrawn on the Bitcoin blockchain.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