I found an article about this:
While Ethereum has been leading the charge with rollups and modular scaling, a recent proposal is aiming to bring similar programmability and scale to Bitcoin — in a very Bitcoin-native way.
Introducing KIP-31, a proposal from the Koii Network that introduces:
???? Bitcoin-backed rollups via drivechain anchoring
???? Subnet permissioning using Bitcoin ordinals
???? A fork of a Solana-style high-throughput chain to handle smart contracts and execution
Instead of pushing smart contracts onto Bitcoin directly, this design uses a rollup architecture where state commitments anchor to Bitcoin, and subnet access is managed via ordinal inscriptions (yes, like NFTs — but functional).
This raises a few big questions for us as Ethereum folks:
- Can Bitcoin evolve toward programmability without breaking its conservative consensus model?
- Is ordinal-based permissioning an interesting governance primitive, or just a workaround?
- Could this lead to real Bitcoin-native DeFi and NFTs, or is this simply replicating what Ethereum has already solved?
Medium article for context (non-shill, technical tone):
KIP-31 proposal: https://github.com/koii-network/koii-improvement-proposals/issues/31
Curious how the Ethereum community views on this.
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