Bitkovian runs markets on Bitcoin's own regime, collateralized in BTC and settled from the protocol's chain math, ZK-verified per block. There is no price feed to bribe and no custodian to trust. The Bitcoin never leaves your keys. The chain is the referee.
Collateral is locked in a Discreet Log Contract on Bitcoin L1. No bridge, no wrapped token, no deposit address. The protocol never touches the coins. It only signs the outcome.
Every block produces a deterministic, reproducible classification of Bitcoin's regime. That output is the settlement attestation. The same data resolves the same way on every run, so there is nothing to manipulate.
Each attestation carries a ZK proof anchored to Bitcoin. Anyone can check that the settlement followed the rules. Trust is replaced with verification.
Each market settles in BTC from a committed future block. Figures are illustrative pending mainnet DLC settlement.
Both sides fund a Discreet Log Contract on Bitcoin L1. The collateral sits in a 2-of-2 that only the committed outcome can spend.
Pick Yes or No on a falsifiable claim about Bitcoin's regime, tied to a future block. Price is set by the other side, in BTC.
At the settlement block, the protocol emits a ZK-verified attestation of Bitcoin's regime. No reporter votes. No feed is queried.
The attestation unlocks the contract to the winning side, on Bitcoin, to a wallet you held the keys to the entire time.
Every DLC needs an oracle to attest the outcome, and that oracle has always been the weak point: a trusted party that could be bribed or could lie. Bitkovian is the oracle, with the trust removed. The attestation is reproducible by construction, derived from chain math rather than a feed, so there is nothing to corrupt. Verify any settlement at markovianprotocol.com/verify.