Supra

Bridging real-world data to simplify and secure the smart contracts of financial markets.

[Supra @SUPRA__Labs]

@SUPRA_Labs @token2049 @BSquaredNetwork @CoinList @cypher_capital Update-

Users are invited to vote on allocation criteria and farming concepts for the upcoming $SUPRA Airdrop.

Users who vote in the next 12 hours will receive a 1.5x allocation👇

https://t.co/jZ6EPw3CZM

[Supra @SUPRA__Labs]

@SUPRA_Labs Update-

Users are invited to vote on allocation criteria and farming concepts for the upcoming $SUPRA Airdrop.

Users who vote in the next 12 hours will receive a 1.5x allocation👇

https://t.co/jZ6EPw3CZM

[Supra @SUPRA__Labs]

@SUPRA_Labs @token2049 @BSquaredNetwork @CoinList @cypher_capital Update-

Users are invited to vote on allocation criteria and farming concepts for the upcoming $SUPRA Airdrop.

Users who vote in the next 12 hours will receive a 1.5x allocation👇

https://t.co/jZ6EPw3CZM

[Supra @SUPRA__Labs]

@SUPRA_Labs Update-

Users are invited to vote on allocation criteria and farming concepts for the upcoming $SUPRA Airdrop.

Users who vote in the next 12 hours will receive a 1.5x allocation👇

https://t.co/jZ6EPw3CZM

[Supra @SUPRA_Labs]

What if #AI became as decentralized as #Bitcoin?

We sat down with our new friend @punk3700 from @BVMnetwork to hear what their incredible team of anons are working on - "Truly Open AI."

Full interview here:👇

1: What positive impact will Layer 2s have on Bitcoin?

Layer 2s on Bitcoin open up opportunities for innovation, allowing developers to build dApps and smart contracts on top of Bitcoin, expanding its utility and use cases. By submitting transactions for final settlement on the Bitcoin network, Bitcoin Layer 2 networks claim to achieve the same (or close to) level of security and decentralization as the Bitcoin blockchain.

Building a separate execution layer allows them the freedom to employ several technologies (such as rollups). Layer 2 can significantly improve Bitcoin's scalability by processing transactions off-chain, reducing congestion on the main blockchain.

Overall, Layer 2s on Bitcoin have the potential to address some of Bitcoin's key limitations, making it more efficient, accessible, and versatile in the long run.

2: What does the ETF approval mean for Layer 2 on Bitcoin?

The approval of ETF could potentially have several implications for Layer 2 on Bitcoin:
Innovation and Development: With a growing interest in Bitcoin spurred by ETF approval, there could be a surge in research and development efforts focused on enhancing Layer 2. Developers and projects may be incentivized to create new and improved Layer 2 protocols to meet the evolving needs of the expanding Bitcoin ecosystem.

An ETF approval could boost mainstream Bitcoin adoption and liquidity. This influx of users may also drive interest in Layer 2 on Bitcoin as a means to enhance the scalability and functionality of Bitcoin.

3: What are the primary challenges facing L2s on Bitcoin?

The interoperability of different Layer 2s and their compatibility with Bitcoin's main blockchain can be a challenge. Ensuring seamless interaction between various Layer 2 networks and the Bitcoin blockchain is essential for a cohesive and efficient ecosystem.

Some Layer 2s may introduce centralization risks if they rely heavily on centralized entities or trusted intermediaries. Maintaining decentralization and censorship resistance, which are core tenets of Bitcoin, while scaling with Layer 2s is a challenge.

4: What aspects of Layer 2 solutions for Bitcoin are you most enthusiastic about?

AI represents one of the cornerstones of our modern era. However, achieving a decentralized AI infrastructure, owned and managed by users, has posed significant challenges. The primary obstacle has been the limited capacity to store and execute AI models due to size and computational limitations.

To address this challenge, we propose a new blockchain architecture enabling developers to deploy their own Bitcoin Layer 2 solutions tailored specifically for AI tasks, called Truly Open AI. These Layer 2 blockchains are optimized to handle computationally intensive tasks, such as matrix multiplication, directly on-chain.

These Bitcoin Layer 2 solutions offer exceptional throughput, minimal latency, and cost-effectiveness. AI dApps are programmed as Solidity smart contracts, ensuring they operate precisely as intended, free from interference or manipulation.

Our BVM AI Contracts Library simplifies the integration of neural networks into dApps, empowering developers to embed AI seamlessly.

In summary, I'm particularly enthusiastic about the potential of Layer 2 solutions for Bitcoin to revolutionize decentralized AI by providing scalability, security, and accessibility.

5: How is your Layer 2 different from others being built?

BVM distinguishes itself as a Modular infrastructure that empowers thousands of distinct Bitcoin Layer 2 networks, spanning Gaming, DeFi, Social, and AI applications.

We're continuously enriching the BVM Module Store with new modules to enhance its capabilities. With each new module, builders gain access to a wider array of tools to explore different use cases on the Bitcoin network. Recent additions include the Filecoin module for affordable storage and the AI Contracts Library for constructing AI-powered Bitcoin Layer 2 chains. We're also gearing up to release a ZK roll-up module in the coming weeks to offer an alternative to the standard optimistic roll-up.

We aim to simplify the process of launching a Bitcoin Layer 2 network customized to specific requirements. Think of it as a SaaS offering with predefined best practices. Whether it's a DeFi Bitcoin Layer 2 or a GameFi Bitcoin Layer 2, we provide default solutions tailored to each use case.

We're dedicated to expanding the BVM ecosystem by incentivizing more builders to join the Bitcoin network. Through various programs and grants, we support builders in covering their operational costs for Bitcoin Layer 2. Additionally, we offer rewards akin to 'L2 mining' to those who contribute to expanding the user base and total value locked on the network.

In summary, BVM stands out with its modular infrastructure, tailored solutions, and efforts to grow the Bitcoin ecosystem.

[Supra @SUPRA_Labs]

We're bullish on #Bitcoin BRC-20s.

So we launched BRC-20 price pairs. Could Runes be listed next? 🤔

🤝 @Multibit_Bridge + @Dovi_L2 + @VMPX_brc20 + @Bitrats_org + @satsvipordinal + @nalsbrc20

[Jon Jones | Supra @JonEvansJones]

Y’all ready for Supra to power fellow Animoca portco companies?! #token2049 Dubai + Throwback 🔥🎮🌴

[Jon Jones | Supra @JonEvansJones]

Outlining Supra's vision of Vertical Integration 🪜 #TOKEN2049 Dubai

[Aniket Kate @aniketpkate]

Improved version of Moonshot paper:
https://t.co/WXQajdmjrT (appearing at #DSN '24)

@SUPRA_Labs is already using it for its blockchain. You should as well.

Much improved performance over #Jolteon & #Tendermint
by @IsaacDoidge @nibeshrestha2 @80Raghavendra & @JoshuaTobkin

[Supra @SUPRA_Labs]

We’ve been busy.👷

With over 5 whitepapers published, and 3 papers accepted into prestigious conferences, our research team has been laser focused on building the best tech in Web3.💻

But now, it’s time to share.🤝

Starting this Wednesday, we’re kicking off a full month of Webinars that will take you behind the scenes.👀

Join us as we simplify complex topics with easy to understand presentations that will grow your knowledge.🧠

Here’s the agenda for week one:

Opening Intro & Community Update
With @JoshuaTobkin

The Power of Vertical Integration
With @JoshuaTobkin & @aniketpkate

Blockchains so far have relied on external oracles services, bridges, automation, and more. But what if we integrate all these essentials into the Layer-1 chain itself? Join us live to learn how the Supra Network operates with full vertical integration, and what this means for the future of blockchain.

Register now:
https://t.co/xNVRLsYqM0

[Elon Musk @elonmusk]

That is indeed what I’ve said many times

[Developers @XDevelopers]

Calling all #developers! 📣

Innovate with our real-time and historical data on the X API.

Get started with Pro👇

[Supra @SUPRA__Labs]

#hoffman