BitVM · interactive mechanism simulation

Operators front BTC to users, then submit a claim to Bitcoin L1. A challenge window opens: permissionless challengers can disprove a fraudulent claim on-chain, or it goes unchallenged and the operator is reimbursed from the peg reserve.
Users peg-in / withdraw Operators n-of-n presigned setup Peg reserve 500.0 BTC Bitcoin L1 dispute SNARK claim + challenge window window: 2.5s Challengers permissionless watchtowers vigilance: 70% Slashed bond 🔥 0 BTC slashed
BTC in peg reserve
500.0 BTC
BTC fronted to users
0.0 BTC
Fraud disputes caught
0
BTC lost to undetected fraud
0.0 BTC
Parameters — edit me
1.0/s
8%
70%
2.5s
Controls

Illustrative simulation. Modeled on BitVM2's optimistic bridge: users peg in BTC, operators front withdrawals and claim reimbursement with a SNARK proof, and permissionless challengers can disprove fraud within a challenge window. Trade sizes and timing are randomized for visualization — not live onchain data. Part of The Onchain Experiment Atlas.