GOAT Network releases BitVM2 testnet V3, advancing Bitcoin's native security and non-custodial governance

GOAT Network officially releases GOAT BitVM2 Testnet V3, taking a key step towards the implementation of native Bitcoin zkRollup. This testnet uses Bitcoin as the final adjudication layer, aiming to allow BTC to participate in real financial activities without relying on custodians, committees, or multi-signature trust assumptions.

Unlike most BTCFi solutions that depend on custodians or majority honest assumptions, GOAT BitVM2 utilizes the BitVM2 mechanism, allowing erroneous claims or malicious actions to be challenged in extreme cases, ultimately adjudicated by the rules of the Bitcoin mainnet.

Testnet V3 features key optimizations such as off-chain execution, Bitcoin-anchored ordering, and Bitcoin adjudicated withdrawals and dispute mechanisms. It will later introduce BitVM2-GC, significantly reducing challenge costs and making security assumptions verifiably realistic for the first time.