BREAKING
502d 15h ago

Bitcoin ZK Rollup Protocol Citrea Launches Innovative BitVM-Based Bridge ‘Clementine’ on Bitcoin Testnet

ZK

ZK/USDT

$0.02159
-0.46%
24h Volume

$46,274,088.84

24h H/L

$0.02243 / $0.02116

Change: $0.001270 (6.00%)

Funding Rate

-0.0072%

Shorts pay

Data provided by COINOTAG DATALive data
ZK
ZK
Daily

$0.02167

-0.87%

Volume (24h): -

Resistance Levels
Resistance 3$0.0441
Resistance 2$0.0264
Resistance 1$0.0223
Price$0.02167
Support 1$0.0214
Support 2$0.0188
Support 3$0.000800
Pivot (PP):$0.021723
Trend:Downtrend
RSI (14):39.0

COINOTAG has disclosed that as of September 24, the Bitcoin ZK Rollup protocol known as Citrea has successfully launched its BitVM-based bridge, dubbed Clementine, on the Bitcoin testnet. The development team behind Citrea characterizes Clementine as a “trust-minimized two-way hook program.” This revolutionary technology permits the locking of Bitcoin on its primary chain, enabling the minting of an equivalent Bitcoin token for utilization on the Citrea network. To reverse this mechanism, the minted token must be burnt, permitting the withdrawal of Bitcoin on the original blockchain. Clementine capitalizes on BitVM, a computational framework developed by Bitcoin developer Robin Linus last year. The primary ambition of this framework is to facilitate the deployment of Ethereum-style smart contracts on the Bitcoin network, all the while laying the groundwork for zero-knowledge computing.

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