Polyhedra Network launches a new method for directly verifying ZK proofs on the Bitcoin network

2024-03-22 15:18:57
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ChainCatcher news, Polyhedra Network today officially announced a new method for directly verifying ZK proofs on the Bitcoin network.

Polyhedra Network stated that, in light of recent developments such as the approval of Bitcoin ETFs and the upcoming halving event, market interest in Bitcoin research is at an all-time high. However, the team has identified critical flaws in existing verification methods—particularly the flaws emphasized in the BitVM white paper. The main issue is the potential collusion between the prover and the challenger, which threatens the integrity of the proof and can lead to the malicious creation of invalid proofs.

To address the above issues, the Polyhedra Network team has introduced an alternative solution that uses FRI (Fast Reed-Solomon Interactive) style ZK proofs as the final layer of on-chain verification. Compared to other ZK proof systems like Groth16 or Plonk, FRI proofs offer better efficiency and lower computational demands. Given the high operational costs on the Bitcoin blockchain, this efficiency improvement is crucial.

Polyhedra Network further added that current Layer 2 solutions on the Bitcoin network face the problem of lacking native ZK proof verification. The aforementioned solution from Polyhedra Network is expected to resolve this issue, thereby achieving general programmability on the Bitcoin network and fully unleashing Bitcoin's potential.

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