BitVM is awesome but it’s so damn risky. EVM Contract AND Zcash Soundness Error (alleged) bugs this week. You take on all that surface area of risk when you bridge your Bitcoin.

BitVM is awesome but it’s so damn risky. EVM Contract AND Zcash Soundness Error (alleged) bugs this week. You take on all that surface area of risk when you bridge your Bitcoin.

Zcash-style zero-knowledge proofs at Bitcoin's consensus layer are a net negative, according to @peterktodd. Higher complexity, more attack surface, and the failure mode is catastrophic. Privacy can be built on layers above. Security cannot be added after the fact. This week proved his point. A s