Verifying zero-knowledge proofs on Bitcoin?
A few months ago Ivan told me “how cool would it be if we could verify zero-knowledge proofs on Bitcoin?” A week later, we had a prototype of the best solution we could come up with: a multi-party computation to manage a Bitcoin wallet, and a committee willing to unlock funds only in the presence of valid zero-knowledge proofs. A few iterations later and we had something a bit cooler: stateful apps with states that can be tracked on-chain, and committee members that don’t need to know anything about Bitcoin. Someone might put it this way: a Bitcoin L2 with minimal trust assumption of a “canonical” Bitcoin blockchain.
From what we understand, a better way to verify zero-knowledge proofs on Bitcoin is not going to happen, and this is the best we ca have. And we built it! And we’re running it in testnet. Try it here!