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Arch Virtual Machine (ArchVM) aims to support decentralised applications and protocols directly on Bitcoin, according to Arch Labs, by eliminating the need to bridge assets to layer-2 networks
Arch Labs positions ArchVM as an alternative to other blockchain virtual machines such as those used by Polygon, Arbitrum, Avalanche and Solana, which already support smart contracts
Arch Virtual Machine (ArchVM) achieves smart contract functionality by handling off-chain computations, which allow for Turing-complete logic to operate at the Bitcoin base layer

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Arch Labs announces $13M funding round

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