2024.12.2- 2024.12.8
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BitVM Official Project Update: BitVM fixed an error in the off-chain checker written based on Algorithm 5 in "On Proving Pairing." Previously, when the accumulator was a cubic residue, it caused an error in the calculation of wi. This update addresses the issue.
Bitlayer @BitlayerLabs released maintenance version v1.1.6, and all nodes are advised to upgrade promptly. Bitlayer is The First Bitcoin Layer2 based on Bitcoin finality
Fiamma @Fiamma_Chain completed a $4 million seed round of financing.Fiamma Bridge, the first trust-minimized Bitcoin cross-chain bridge based on BitVM2, is now live on the Alpha testnet. It achieves secure and practically trustless cross-chain interactions with Bitcoin for the first time, without relying on complex centralized intermediaries or multisig setups.
BitVM Official Project Update: BitVM resolved the issue of the point at infinity being used as input for the affine_add and affine_double functions, which previously did not account for the point at infinity in affine representation. BitVM Official Project Update: Lukas reported an issue involving abuse of the EQUALVERIFY script in the current algorithm. A fix is in progress.
BitVM Official Project Update: The Bitlayer research team fixed a pairing calculation error in the BitVM project, which could have allowed malicious challengers to succeed under any circumstances.