StarkWare researchers propose smart contracts for Bitcoin with ColliderVM

Sidechain developer StarkWare and Weizmann Institute of Science researchers claim to have created a workaround for multiple Bitcoin script limitations.

According to a recent research paper, the new design claims to allow the deployment of complex smart contracts on Bitcoin in a more capital-efficient manner. The new system may also be vastly more efficient from a computing standpoint.

ColliderVM is a protocol designed to enable stateful computation on Bitcoin, allowing multi-step processes to…