Element is a self-funded builders group. We contribute to hard projects: ones that drive long-term vision using the latest technical breakthroughs.
Current Interests
We are currently focused on contributing to the /bridge module of BitVM. BitVM is an open source project started by a Swiss non-profit organization called ZeroSync. Pending further research and development, BitVM could potentially bridge BTC to other blockchain systems in a trust-minimized (1 of N) way. It relies heavily on recent advances in zk-SNARKs. It also invented an approach to create a global key-value store on Bitcoin using Lamport signatures.
We are an independent development group. No relationship with ZeroSync or other contributors of bitVM should be presumed.
Previous Work
An endogneous oracle that bridges Bitcoin hashrate to Ethereum. (pseudocode)
UNIT is a stable-coin that pushes decentralization to the limit. It uses an endogenous oracle. (specification, github)
Futari is a way for organizations to make decisions using prediction markets. It specializes in creating blockchains middleware services (oracle, sequencers, public goods funding etc.) using elected reputations. (specification)
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