CITREA: BITCOIN’S FIRST ZK ROLLUP

Summary from the TLDR Crypto newsletter

Citrea announced a zero knowledge Bitcoin rollup that scales Bitcoin entirely through the use of zk proofs for on-chain verifiability within the network. It aims to upgrade Bitcoin without compromising its security or rewiring its consensus rules. Unlike sidechains, Citrea focuses on effectively utilizing Bitcoin blockspace, considering the constantly increasing demand for it. Citrea is yet another step towards scaling Bitcoin, which has come into focus as of late with the success of innovative Bitcoin tech like Ordinals.