Goat Network launches BitVM2 testnet for Bitcoin scaling

The GOAT Network has officially launched the BitVM2 testnet aimed at improving Bitcoin scalability. This initiative compresses the challenge period dramatically, from 14 days to less than a day, which could potentially revolutionize transaction processes within the Bitcoin ecosystem.

As of now, Bitcoin is priced at 102,798.78 USD with a market capitalization of 2.04 trillion USD. Despite minor recent declines, Bitcoin retains a significant market share of 62.43%, showcasing its continued influence and relevance in the cryptocurrency market.

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