Alpha

Get on board the crypto social app that has it all in one place.

[Bitcoin Virtual Machine @BVMnetwork]

🚀BITCOIN L2 BUILDER PROGRAM EXTENDED🚀

Developers joining the Builder Program can:

🧱Launch their own Bitcoin L2s in a few clicks
🌐Connect with crypto angel investors
💰Earn up to 1,000,000 $BVM, to be allocated as follows:

🪂 700,000 $BVM for Builders:

--> 200,000 $BVM are credits to support projects to launch and cover running fees for their Bitcoin L2s. Each eligible projects can receive up to 1,000 - 10,000 BVM

Eligibility criteria:
- Strong builder team with promising products
- Strong community / social media traction
- Launch on @naka_chain launchpad
- Airdrop allocation for $BVM stakers

--> 500,000 $BVM will be distributed proportionally based on projects' TVL by the end of the builder program duration

🪂 300,000 $BVM for all Users interacting with dapps of any Bitcoin L2 powered by BVM

HOW IT WORKS

1/ Launch a Bitcoin L2 on testnet for free in just a few clicks
2/ Deploy/migrate your EVM dApps on your Bitcoin L2
3/ Connect with BVM team to launch your Bitcoin L2 on mainnet
4/ Grow TVL and earn $BVM airdrop

⏰ Feb 23 - July 23, 2024

Join the BVM's Bitcoin L2 Builder Program:
https://t.co/LXdpNgJEks

[Bitcoin Virtual Machine @BVMnetwork]

📢 $BVM Weekly Update 📢

What a busy week it's been! Here's a quick recap to ensure you're up to speed:

🔥 $BVM is available for claiming and staking

📈 Trade $BVM on @naka_chain, @uniswap, and @unisat

🌐 @Filecoin is available as a storage layer via @LighthouseWeb3!

🧱 The Data Availability layer from @Syscoin is accessible

🤝 Welcome @Coral_Finance, @ShoebillFinance, and @BefiLabs to the @BVMnetwork ecosystem!

🟠 Introduce the BVM community on @AlphaOnBitcoin

🌟 $NAKA IDO

Check out the details below 🧵

[Alpha @AlphaOnBitcoin]

Final Dash: Running Bitcoin Ends This Weekend!

👟 6,500+ km covered
💰 $6,328 raised

Last call to run & contribute before 12PM, 10th March.

Rewards will be finalized and send next week!

Thanks to our amazing community for an remarkable journey!

https://t.co/MaoREerRUU

[Bitcoin Virtual Machine @BVMnetwork]

Trading for $BVM is launching on Naka DEX by @naka_chain!

📅 8 a.m UTC Mar 8th
💰 Token price: $0.205
📊 Market cap at launch: $3,260,730
🎁 FDV at lauch: $20,518,567

https://t.co/CEg2l3mnsd

Follow these steps to set up your Naka wallet and make deposits to get ready 👇

[Bitcoin Virtual Machine @BVMnetwork]

📢 $BVM MARCH UPDATES 📢

GM. In Feb, we added these products to the BVM ecosystem: ✅BVM Staking, ✅Bitcoin Stamps, ✅SRC-20 Bridge, ✅Avail, ✅Jackal, ✅Arweave & ✅ IPFS.

We're excited to share with the community what we’re shipping next in March.

1. FOUR MORE BITCOIN L2 BLOCKCHAINS

BVM’s mission is to scale Bitcoin by powering thousands of Bitcoin L2s.

In March, we’ll work with 4 different builders to help them launch their own Bitcoin L2 blockchains and ultimately scale Bitcoin with unlimited throughput and rich user cases.

⛓️ Swamps: DeFi Bitcoin L2 for SRC-20

@swamps_src20 is launching the first-ever Stamps-based Bitcoin L2 blockchain with BVM, designed for SRC-20 DEX. We’re super excited to be working with @0xnovae5Db @inscriptioner and the Swamps team.

⛓️ Naka: DeFi Bitcoin L2 for BRC-20/BRC-404

@naka_chain is an Ordinals-based Bitcoin L2 blockchain designed for BRC-20. They just added support for BRC-404. We're excited to work with
@DeBitBRC and the Naka team.

⛓️ Satoshi Sync: Bitcoin L2 for Inscription Markets

@SatoshiSync is building the first chain-agnostic Inscription Protocol with BVM, enabling everyone to launch their own Inscription Market. It’s been a pleasure working with @okubalinska and the Satoshi Sync team.

⛓️ ███████: Bitcoin L2 for ████

This is a big one. We'll share it when it's ready. Super excited to be working on this with ███████ and the ███████ team.

Note: If you're thinking about launching your own Bitcoin L2, please DM us. Would love to help!

2. BITCOIN MODULE STORE

BVM is a modular Bitcoin L2 infrastructure. The more building blocks, the more developers can build on Bitcoin.

This month, we’ll be adding these new modules to the Bitcoin Modular Store.

🧱 Filecoin

@Filecoin is one of the best decentralized storage networks. Developers can build their Bitcoin L2 and choose Filecoin to store their data.

🧱 Syscoin zkDA

@syscoin is a Bitcoin-backed Data Availability layer. It is secured by Bitcoin’s own PoW plus Syscoin’s finality. We think it's a super interesting DA solution.

🧱 BVM-ETH Bridge

@ethereum bridge will enable us to flow assets between BVM and Ethereum. You can trade $BVM on Uniswap or bridge ETH to various Bitcoin L2 blockchains powered by BVM.

Note: please do make suggestions on which modules we should integrate next!

3. BRC-404

Starting out as a fun weekend experiment, BRC-404 shows us that it could become a promising protocol.

$3.5M trading volume so far! 🤯🤯🤯

🎨 Fractionalize Ordinals with BRC-404

The idea is to take an existing Ordinal Inscription and turn it into BRC-404. Then, Ordinals would be much more accessible to many smaller buyers, and at the same time, the collectors would make a lot more on trading fees.

That's really the beauty of semi-fungible tokens. You can move between the fungible worlds and the non-fungible worlds.

🔒 ███████ for BRC-404

This product is exciting. We can't quite talk about it yet. But we'll do it when it's ready later this month.

4. COMMUNITY

While our product team is busy crunching out code, our community team is building the foundation for our community to thrive in the coming months.

🚀 Setup a home for BVM holders to hang out
🚀 Work on airdrop deals for BVM holders
🚀 List BVM on Coin Market Cap
🚀 List BVM on Gecko Terminal
🚀 List BVM on DEX
🚀 List BVM on CEX

This is our plan for March. We hope to get most of it done for the community.

See you on #Bitcoin

[Bitcoin Virtual Machine @BVMnetwork]

PAGE NOT FOUND $404 is making waves as the first BRC-404 token!

The market cap of PAGE NOT FOUND $404 has soared to over $1M within hours.

The driving force behind this momentum? The lightning-fast transaction speeds on @Naka_chain. Trading on Bitcoin has never been this quick!

Naka is a Bitcoin L2 tailored for DeFi, boasting a 2-second block time and affordable gas fees.

In addition to swapping, you can also provide liquidity to earn high interest rates. The current interest rate for providing liquidity for the pair of BTC/PAGE NOT FOUND is an insane 4,100%.

DeFi is coming to #Bitcoin , and Naka is just the beginning.

With potentially thousands of Bitcoin L2s optimized for DeFi on the horizon, there's an opportunity to unlock $250B worth of idle BTC value.

Powered by @BVMnetwork.

[Bitcoin Virtual Machine @BVMnetwork]

📢 $BVM WEEKLY UPDATE 📢

Much progress was made last week! Just in case you missed it, here are the highlights:

1/ $BVM Feb Product Releases

Check out the three key objectives we're focusing on in February to bring us closer to our mission of powering thousands of Bitcoin L2s:

https://t.co/2j0AIRJQ5S

2/ The Bitcoin L2 Builder Program

Lead the way and shape the future of Bitcoin with the 1,000,000 $BVM airdrop!

70% of the token rewards will go to builders, and 30% will go to the users of the BVM ecosystem.

Learn how to join: https://t.co/ksayY2yDST

3/ Welcome @AvailProject and @Jackal_Protocol to #Bitcoin

AVAIL and JACKAL were successfully integrated as DA layers into the BVM module store, providing developers with more options to customize and launch their Bitcoin L2s.

4/ $BVM TGE and Staking Program

It is set for March 5th, along with a staking program.

BVM Staking will enable BVM holders to stake BVM to earn more BVM and receive benefits like airdrops from Bitcoin L2 projects.

Dex listings are expected to follow within a week.

5/ Create BRC-404 on @naka_chain

A fun experimental standard for semi-fungible tokens on Bitcoin. Trading starts as soon as the tokens are created successfully.

Be the first to create BRC-404!

https://t.co/1hbYwSlXON

6/ Bitcoin L2 Launchpad

BVM will collaborate with chosen Bitcoin L2s to facilitate their launch on Bitcoin. As a BVM holder, you will have exclusive benefits if you decide to participate in these launchpads!

That's it for now!

Now, let's roll up our sleeves and get back to work.
See you on Bitcoin 😎

[Bitcoin Virtual Machine @BVMnetwork]

Welcome @Jackal_Protocol to #Bitcoin!

Jackal introduces a decentralized solution for data storage and management, prioritizing privacy and security.

Thinking about your Bitcoin L2's Data Availability layer? Consider Jackal!

Powered by @BVMnetwork

https://t.co/yCihlleqIo

[Bitcoin Virtual Machine @BVMnetwork]

The Data Availability Layer from @AvailProject is now on the @BVMnetwork testnet!

BVM has built a B2B modular blockchain metaprotocol for developers to customize and launch their own fully functional Bitcoin L2 blockchains in a few clicks.

Using AVAIL as a DA layer is an effective solution for #Bitcoin scalability difficulties.

Curious about the next module coming to BVM? Share your predictions with us!

https://t.co/94EgNCdyBk

[Bitcoin Virtual Machine @BVMnetwork]

How to communicate with team members and fellow backers?

We've been asked this question multiple times. While Discord or Telegram might be good options, there's something special about discussing the future of @Bitcoin on a Bitcoin L2 dApp.

@AlphaOnBitcoin, powered by @BVMnetwork, currently ranks 2nd in SoFi.

Every backer will receive fractional keys to join the BVM circle on Alpha.

Talk to you there!

The $BVM public sale will end in 14 hours!

https://t.co/94EgNCdyBk

[Alpha @AlphaOnBitcoin]

OVER $3K RAISED WITH RUNNING BITCOIN!

Web3 combines fitness, online interaction, and charity fundraising

What an amazing weekend. You made a difference!

👟 2,300+ km covered
👟 $3,275 in funds raised
👟 8,8M airdrops points awarded

Join other runners:
https://t.co/MaoREerRUU

[3700 @punk3700]

So.. Bitcoin L2s had a super busy weekend.

Bitcoin Arcade (Bitcoin L2 for Gaming)
- 150,000 games played
- 2M transactions

Naka (Bitcoin L2 for DeFi)
- $1M BRC-20 perpetual futures traded

Alpha (Bitcoin L2 for Social)
- 2,808 km run by the community
- $3,357 raised for charity

Modular (Bitcoin L2 for Education)
- 210 builders
- 411 models

What do these Bitcoin L2s have in common?

They are powered by Bitcoin Virtual Machine. @BVMnetwork is a Bitcoin L2 infrastructure that lets anyone launch their own Bitcoin L2 in a few clicks.

We think we’ve found a way to scale Bitcoin. And we’ve been battle-testing it for almost a year now.

→ https://t.co/yH94oAQ4wP

The Bitcoin Problem

Bitcoin inadequacies on the decentralized web are showing. This is largely because most web applications cannot run on Bitcoin for two reasons:

1. Lack of smart contracts

2. Scalability constraints.

The Solution

To solve these two issues, we designed and implemented a new blockchain architecture: Bitcoin Virtual Machine (BVM).

To solve the smart contract problem, we built a Turing-complete virtual machine for Bitcoin.

To solve the scalability problem, we implemented horizontal scaling using an infinitely expanding number of Bitcoin L2 blockchains.

If we execute this well, Bitcoin will become the blockchain of blockchains – with each blockchain optimized for a specific purpose, whether DeFi, Gaming, Payments, or NFTs.All of these blockchains are backed by Bitcoin security.

Smart Contracts on Bitcoin (launched in March 2023)

The proposed solution begins with a Turing-complete virtual machine for Bitcoin, known as the Bitcoin Virtual Machine (BVM). BVM works by embedding smart contract transactions into Bitcoin—enabling developers to write smart contracts and build decentralized applications for Bitcoin

BVM is a state machine similar to Ethereum-VM that utilizes Bitcoin as a data layer to achieve transaction-level consensus. This approach allows BVM to function as a general-purpose state machine utilizing Bitcoin’s security and data availability without additional network or consensus protocol.

Bitcoin L2 Infrastructure (launched in May 2023)

By bringing smart contracts to Bitcoin, BVM lets developers create DEX, DAO, tokens, data storage, and many other cases on Bitcoin.

However, the biggest challenge is Bitcoin's 10-min block time.

We propose a solution to scale Bitcoin without sacrificing decentralization or security. Increasing Bitcoin capability in terms of speed is fundamental to the mass adoption of decentralized applications on Bitcoin.

Bitcoin L2s powered by BVM reuse the battle-tested @Optimism codebase. It is a modified version of the OP Stack that adds support for Bitcoin.

Like Optimism, these Bitcoin L2s use Optimistic Rollup, a fancy way of describing a blockchain that piggybacks off the security of another blockchain.

In this case, these Bitcoin L2s take advantage of Bitcoin's consensus mechanism instead of its own. This is possible thanks to the Bitcoin Virtual Machine, which brings smart contract capability to Bitcoin.

Here is the transaction flow of state processing from Bitcoin L2 to Bitcoin.

Welcome to the future of Bitcoin with thousands of Bitcoin L2s and tens of thousands of decentralized applications.

After a year of battle-testing the BVM metaprotocol, we couldn't be more excited to share with the community.

We hope BVM could make Bitcoin as accessible as possible – usable for far more than just a currency. And soon, we’ll see DeFi, Gaming, NFTs, Payments, and DAOs, among other uses on Bitcoin.

If you're thinking about building your own Bitcoin L2 or a dapp on Bitcoin, DM us. We would love to support you in bringing your ideas to life.

See you on #Bitcoin

[Bitcoin Virtual Machine @BVMnetwork]

$BVM PUBLIC SALE UPDATE 🚀

🌟 $1,000,000 REACHED!
💪 1,244 BACKERS!
⏳ ONLY 2 DAYS LEFT!

Let us shape the future of @Bitcoin together.

https://t.co/yCihlleqIo

[Alpha @AlphaOnBitcoin]

BITCOIN L2s HOPPING WEEKEND AT @BVMnetwork

Alphas who join Running Bitcoin will contribute 3x the standard amount in the next 3 days.

Every kilometer covered will result in a $1 donation to charity.

Let's go out together for a good cause! 🚶🏃‍♂️🚴

https://t.co/MaoREerRUU

[Bitcoin Virtual Machine @BVMnetwork]

BITCOIN L2s HOPPING WEEKEND

In the next 3 days, you are going to experience Bitcoin like never before!

Hop from one Bitcoin L2 to another to explore Bitcoin dapps & earn tons of rewards along the way 🎁

Let's walk through the activities and rewards 👇:

GameFi on Bitcoin
🎮Activities: Play 8 different fully on-chain games and earn fixed rewards for top players with highest scores

🎮Rewards for Each game: $100 (1st place), $50 (2nd place), $30 (3rd place), $10 (4th), $10 (5th)

🎮Bitcoin L2: https://t.co/dfdTQIZTEs (@GamingOnBitcoin)

DeFi on Bitcoin
🪙 Activities: Trade BRC-20 perpetual futures on-chain

🪙 Rewards: $50 every 4 hours for traders with the highest PnL

🪙 Bitcoin L2: https://t.co/ezPAhuQL7T (@Naka_chain)

Education on Bitcoin
🧱Activities: Learn about modular blockchain architecture via a fun Lego game

🧱Rewards in Ordinals Inscriptions: Bitcoin Punk 686 (1st place), Rare Modular (2nd place), Common Modular (3rd place) - for Lego artworks with the most Likes

🧱Bitcoin L2: https://t.co/hTKh34kV6Q

SocialFi on Bitcoin
👟Activities: Participate in a charity run

👟Rewards: For every km you run, you’ll raise $1 for charity and earn 10,000 Alpha points

👟Bitcoin L2: https://t.co/8k2tliscVo (@AlphaOnBitcoin)

---
⏰ Time: from now to 3:30 am UTC Monday, Feb 5.

All of these Bitcoin L2s are powered by $BVM

Back us to build the future of #Bitcoin:
https://t.co/rMPYBtmbag

[Bitcoin Virtual Machine @BVMnetwork]

Play on-chain LEGO and win Bitcoin Punk super early Inscription #18108 🎁

Modular Workshop is an on-chain LEGO game where you can build whatever with your imagination 🧱

How to join:

1. Like and repost this tweet

2. Join the Modular Workshop for free: https://t.co/HvSw7A2zFR

3. Create your LEGO builds using different Modular Inscriptions in the workshop

4. Share your builds under this Tweet. The top 3 with the highest likes will win the prizes. Fake engagements will not be counted.

LET'S BUIDL ON BITCOIN TOGETHER!

Prizes and Duration 👇

[Alpha @AlphaOnBitcoin]

@okkoartdesign @BVMnetwork Please double-check if you log in to the correct X account.
Let us know if your number is still incorrect.

[Alpha @AlphaOnBitcoin]

Gm Alphas,Regarding the $BVM retro airdrop, it's our small way of saying thank you for being with us on this incredible journey.

There will be more airdrops from other projects within the @BVMnetwork ecosystem.

[Bitcoin Virtual Machine @BVMnetwork]

Is BRC-20 DeFi possible?

@naka_chain says yes!

Powered by @BVMnetwork, Naka team has customized their own Bitcoin L2 for BRC-20 DeFi with a modular architecture:

🟧@Bitcoin for security
🟧@0xPolygon for data availability
🟧@Optimism for execution

The result is a blockchain with 2s block time and near-zero gas fee, making all DeFi dapps possible on #Bitcoin

In the first month of their existence:

🔼 700+ on-chain transactions
📈 $130k+ Swap volume
📊 $170K+ perpetual trading volume

This is also the FIRST EVER example of BRC-20 perpetual trading!

Bitcoin has never been the same.

Back us to build the future of Bitcoin:
https://t.co/rMPYBtmbag

[Alpha @AlphaOnBitcoin]

To clarify, the Alpha token has not been launched yet, and your airdrop points will be used for this purpose. Further information will be provided later.

Stay tuned for more updates, and thank you once again for being a part of our community!