Feb 28, 2024

Chainway Labs co-founder and CEO Orkun Kılıç discusses the trust issues due to the reliance of solutions on multi-signature schemes and how zero-knowledge rollups on the Bitcoin network allow you to scale the "block space itself."

Video transcript

The protocol is presented by the Stellar Community Fund Accelerate your web three project with stellar funding before the Kaps. All the solutions that like previously uh happening in in the Bitcoin ecosystem are depending on multi signatures. Uh Like there are several multi schemes that you can create on Bitcoin. But while you are going to this Moor side chain structure, you are depositing your Bitcoin into multi six which causes that issue. You have to trust numbers of death if not to steal your money. Uh This is a huge issue uh with all the side chains besides the mono architecture and uns scalable way. Uh But with roll ups, you are basically scaling the block space itself. You are not going to anywhere else. You are not creating another block space.

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