0xVM
ValidatedDeFi
Use to Earn
The fastest modular execution layer built on BTC
- 111 Followers111 Followers
- 62 Likes62 Likes
About 0xVM
0xVM Project Overview Round Terms: Fully Diluted Valuation (FDV): $60M at public sale | Token Price: $0.06 Initial Market Cap: $5,370,000 Target FDV at Launch: $100-$120M Project Description: 🌐 The fastest modular execution layer built on Bitcoin for scaling, 0xVM activates the Bitcoin ecosystem with a secure, scalable, and cost-efficient way. Investor Details: The project is backed by a notable consortium of investors from both the financial and gaming sectors, including key stakeholders su…
0xVM is a groundbreaking project that aims to bring general-purpose computation to the Bitcoin network. By leveraging the concept of inscriptions, 0xVM introduces a new layer of computational capability that significantly enhances the Bitcoin ecosystem. Unlike Ethereum, which relies on its own Virtual Machine (EVM) to execute smart contracts, 0xVM seeks to implement a similar concept directly within the Bitcoin blockchain. This approach opens up a wide array of possibilities, from decentralized applications (dApps) to more complex financial instruments, all built on the robust and secure foundation of Bitcoin.
The core philosophy of 0xVM is to maintain the decentralization and security that Bitcoin offers while expanding its functionality. By enabling developers to write and execute complex code on Bitcoin, 0xVM aims to bridge the gap between Bitcoin’s security and Ethereum’s programmability. This combination allows for the creation of more sophisticated financial products, decentralized finance (DeFi) solutions, and various other applications that were previously only possible on Ethereum or other more flexible blockchains.
0xVM's vision is not just about adding functionality to Bitcoin; it's about redefining the way we think about blockchain computing. By bringing general-purpose computation to Bitcoin, 0xVM could potentially transform Bitcoin from a store of value to a platform capable of hosting a wide range of decentralized applications. This transformation could lead to new economic models, increased adoption of Bitcoin as a platform for innovation, and a new era of decentralized computing that leverages the strengths of Bitcoin's security and decentralization.
0xVM Magic Store Validation Score
See Results ››Validation Score
4.3Validation Date: -
- aliaksandrYes
- tatsiana_beliakovaYes
- tan4ikBelkaYes
- tanya82belkaYes
- micsssssYes
- olddragonYes
- velyarYes
- kbYes
- dayana_liYes
- LuckyYes
- ASPOYes
- lucky6908Yes
- FreestYes
- LeshuiYes
- MaksushaNo
- Jalal SaqibniNo
- GeBeNo
- alekseichebotar75Yes
- juandyson6No
- Ven4egYes
0xVM Review Score by Real Users
- 3
- 0
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0xVM Magic Store Trust Score
- Security Validators Score
- 28.08.2024Validation Date
0xVM User Trust Reviews
0xVM FAQ
0xVM introduces the concept of inscriptions, which are pieces of executable code that can be directly run on the Bitcoin blockchain. This allows developers to build and deploy complex decentralized applications (dApps) on Bitcoin without needing a separate blockchain.
Inscriptions are a core feature of 0xVM, enabling the execution of scripts and applications directly on Bitcoin. They function similarly to smart contracts on Ethereum but are specifically tailored to operate within Bitcoin’s secure environment.
Yes, 0xVM’s capability to execute complex scripts on Bitcoin makes it an ideal platform for developing DeFi solutions, bringing the flexibility of DeFi to the robust security of the Bitcoin network.
Unlike Ethereum, which uses its own virtual machine, and Stacks, which adds layers to Bitcoin, 0xVM is natively built on the Bitcoin blockchain, ensuring enhanced security and true decentralization.
0xVM leverages Bitcoin’s existing infrastructure and consensus mechanisms, ensuring that all computation happens within Bitcoin’s decentralized network, without introducing centralized intermediaries or compromising on security.
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