Orkun Kilic: Technical dive into Citrea, Bitcoin's First Zk-Rollup

MAR 04, 2024 • 41 Min

Can Gurel
Can Gurel
Disclosures: This podcast is strictly informational and educational and is not investment advice or
In this podcast, we dive deep into the world of Bitcoin scalability solutions with Orkun Kilic, the co-founder and CEO of Chainway Labs, the company behind Citrea – Bitcoin’s first zero-knowledge (ZK) rollup.

Orkun provides a detailed background on the journey that led to the creation of Citrea, explaining how recent upgrades to Bitcoin’s protocol like SegWit, Taproot, and the Ordinals protocol paved the way for new possibilities by enabling arbitrary data storage on the blockchain. This opened up a design space for building scalable layer 2 solutions on top of Bitcoin.

The core innovation behind Citrea is the use of ZK proofs and the groundbreaking BitVM (Bitcoin Virtual Machine) primitive to create a trust-minimized bridge between Bitcoin’s base layer and the Citrea rollup. Orkun goes into the technical depths of how BitVM works, allowing off-chain virtual machine computations to be proven valid on Bitcoin’s blockchain through an interactive fraud proof verification game.

Citrea’s EVM compatibility and the plan to attract developers by tapping into Bitcoin’s trillion-dollar liquidity are covered in-depth. Orkun envisions Citrea becoming a “programmable liquidity layer” enabling DeFi protocols, stablecoins, and innovative decentralized applications while inheriting Bitcoin’s security and decentralization.

With its comprehensive technical insights and forward-looking perspectives, this episode is for anyone interested in the future of programmable money on Bitcoin.

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Can Gurel
Can Gurel

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