🚀Bitcoin Layer 2 (BTCL2) solutions are pivotal in expanding the Bitcoin network, offering enhanced functionality and efficiency. Let's delve deeper into their significance and usage.
1/ 🤔 What is https://t.co/aHuaJ1pODy ?
Explore BTC L2 Projects
The state of all Bitcoin Layer2 ecosystem
Over the last days, we've had a taste of the CAT20 on Fractal Bitcoin. It's been an impressive experience. The fee rate surged to 5000+ and it's being widely discussed in the community. Regardless of how it ends, the start is undeniable success.🚢
@fractal_bitcoin@ProtocolCAT
Even though it's still difficult to deploy on Bitcoin due to its size being quite large compared to the Bitcoin block size, the progress is visible. I'm glad to see the potential of the BTC ecosystem with innovations like BitVM!
1/4 🔥We Fiammaed it! The first to achieve ZK verifier script size under 1GB in Bitcoin script.
We slashed the script size of Fflonk from 7.4GB, 1.5GB to just 0.875GB, reducing around 88% to the first version. We also reduced the script size of Groth16 from 7GB, 2.3GB to 1.3GB, which is the smallest Groth16 verifier in Bitcoin script so far.
In this process, we utilized MSM Bucket and ECC optimization techniques and also further optimized the script size by leveraging Montgomery Reduction and Karatsuba Multiplication from @ZeroSync_, the Affine Module from @Antalpha_Labs, and the Field multiplication with lookup table from @AlpenLabs.
📙 Recent #Bitcoin📷 L2 Ecosystem Highlights
📷Details:
1.🔹 @babylonlabs_io
Get ready for the Babylon Bitcoin Staking Mainnet Launch: Phase-1! 🎉
2.🔹 @fractal_bitcoin
Inscribe brc-20 on Fractal now! The inscribing service of brc-20 on Fractal testnet kicks off!
🔓 Fractal Node Now Open-Sourced!
@nubit_org partners with Fractal Bitcoin.
3.🔸 @LumiBitL2
🟠 One Address, Truly Native.
LumiBit simplifies all that. With our Native Signature, you can use your regular BTC address across both layers—no extra wallets, no extra hassle. We’ve merged the user experience to be as seamless as it gets, bringing the intuitive BTC feel to L2 interactions. No more juggling between addresses. One address, truly native
4.🔹 @unisat_wallet
#UniSat Extension Wallet Release v1.4.5
🚀 We’re thrilled to announce that #UniSat has been updated to better support the Fractal Bitcoin Testnet! This latest version now includes the Fractal Bitcoin Testnet, making it easier for you to participate in the testing phase.
5.🔸 @citrea_xyz
Testnet progress 80%.
Participate in devnet interaction to obtain citrea logo NFT fragments.
6. 🔸 @mintlayer
At Mintlayer, we address Ethereum’s limitations and enhance its features by leveraging the powerful #Bitcoin infrastructure.
7.🔸 @bitfinitynet
Partners with @ironchainbank 🤝
8. 🔸 @BVMnetwork
BVM V2.1 is here! This week, we’re rolling out major upgrades:
1️⃣ ZK Rollup: Upgrade to 100% Bitcoin DA
📷 Bitcoin Studio: Pre-installed drag & drop dapps
📷 @fractal_bitcoin: Launch OP_███ metaprotocols on Bitcoin
4️⃣ New scalability levels added to Heartbeats
📷 @NEARProtocol's DA and BSC bridge are now available on Bitcoin RaaS Studio.
9.🔹 @MezoNetwork@SolvProtocol partners with @MezoNetwork.
SolvBTC & SolvBTC.BBN users can soon deposit assets into the Mezo Portal and start generating Mezo mats!
10.🔸 @Coredao_Org
Big shoutout to @Pell_Network, @colend_xyz, and @COREx_Official for being the top 3 dApps by TVL on Core.
11.🔹 @bool_official
Milestone Review: Bool Network’s Major Achievements! 🎉
Alpha-net Performance:
- Over 190k transactions processed with a total volume exceeding $300 million
- Seamless support for 20+ chains
Test-net Statistics:
- Total transactions: $1.25 million
- Total Addresses: 550k
- Nodes: 165.
12.🔸 @OrangeCryptoHQ
Orange Rewards Portal updated with a new user interface for a better experience!
13.🔹 @satoshivm
Now at the final stage of preparations for the MultiToken Bridge mainnet launch.
14.🔹 @OmnityNetwork
Omnity is the first completely on-chain interoperability hub, supporting any blockchain with noncustodial, trustless bridging. Transfer, burn, mint, and etch runes directly to Bitcoin layer 2 networks with your own wallets. Engage multichain communities by distributing token rewards through Omnity's X AI and Telegram wallet bot.
15.🔸 @BSquaredNetwork
B² Network #BTCFi Tasks and Rewards are Live for babylonlabs_io Playhub and Cryptopedia on @okxweb3.
16.🔹 @build_on_bob
📷 @Teleport_DAO BOB is hiring
📷 Integration with @Pell_Network now live on BOB
📷 @fabled_btc reveals closed Beta
📷 BOB ranks in the Top 5 BTC L2 total transactions (30 days)
📷 @alexeiZamyatin updates bridge paper—BitVM2 and BitVM Bridge: TLDR.
17.🔸 @bouncebit
CeDeFi V2 and BounceClub V2 Updates Coming.
18. @BitlayerLabs
🎮 Ready for *Black Myth: Wukong*? 🐒 We’re giving away gift cards for #BlackMythWukong!
BTCL2 is the first research platform dedicated to Bitcoin Layer 2 projects, committed to discovering more useful and promising BTCL2 projects.
#Crypto #BTC #BTCL2 #Highlights