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Bitcoin Designed for Simple Validation to Minimize Resource Use and Risk
Bitcoin's design prioritizes simple, deterministic validation over complex on-chain execution. This minimizes resource needs and preserves decentralization by pushing complex logic to higher layers or external systems.
Bitcoin's Approach to State Transitions
- Bitcoin limits heavy verification logic at low cost, posing a challenge for BitVM-based bridges.
- GOAT Network introduces BitVM2 using garbled circuits (GC) for affordable dispute resolution under real fee conditions.
- The new operator will publish GC artifacts off-chain, committing only relevant labels on-chain, minimizing expensive computations.
- Disputes are resolved by producing a minimal fraud-proof, reducing costs and altering security economics.
- BitVM2 integrates designated-verifier SNARK to keep garbled circuit sizes manageable and reduce verifier complexity.
Public Companies Increasing Bitcoin Holdings
- Public companies now hold 1.09 million [BTC](https://holder.io/coins/btc/), 5.1% of total supply, marking an all-time high.
- Major purchases include MicroStrategy adding 1,200 [BTC](https://holder.io/coins/btc/) and Metaplanet acquiring 4,200 [BTC](https://holder.io/coins/btc/).
- Other buyers include Cango Inc., Bitdeer Technologies, and Anap Holdings.
- Despite weakening retail sentiment, institutional investors continue accumulating [BTC](https://holder.io/coins/btc/).

