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768 sats \ 0 replies \ @super_testnet 6 Mar 2023 \ on: Sovereign rollups on Bitcoin with Rollkit bitcoin
It's very interesting, the TLDR is: (1) publish one or more blocks of data as inscriptions (2) these blocks can contain state changes e.g. they can move a native token from one address to another (3) publish a client that validates those state changes using the EVM
Boom: the EVM but on bitcoin
Some downsides:
  • there is no 2 way peg, so the token on this rollup is some sort of altcoin (could be a 1 way peg though)
  • the only reason that rollup data gets dumped onto bitcoin is because rollup users don't want to host that data, which is stupid
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