A two-way peg bridging BTC to other chains. It works similar to a perpetual one-way peg; however, instead of burning the BTC they are locked up until a particular time in 20 years.
Until then, the community has to figure out how to do peg-outs with, e.g., some sort of OP_ZKP_VERIFY or Simplicity.
We simply pretend that OP_NOP10 is OP_ZKP_VERIFY and let users lock BTC in the following script:
<program_hash> OP_NOP10
OP_CLTV OP_2DROP