Valhalla

New Bitcoin City is being upgraded...
More details will be available soon.

[Valhalla @Valhalla_L2]

UPGRADING...

To be announced soon.

[Bitcoin Virtual Machine @BVMnetwork]

Am I eligible for a Runers free mint slot?

This is one of the most frequently asked questions we've received lately. Here are the answers:

For SHARD holders:
- Holding 1 SHARD or more: 1 Runer
- Holding 10 SHARD or more: 3 Runers
- Holding 50 SHARD or more: 10 Runers

How many SHARD can I mine per day?

To calculate the amount of SHARD you can mine daily, simply divide your staking amount by 365.

For example, if you stake 1,000 $BVM, you can expect to mine around 2.73 SHARD per day.

For $BVM holders:
- Holding 400 $BVM or more: 1 Runer
- Holding 1,000 $BVM or more: 3 Runers

$BVM on all the networks are counted.

For GM holders:
- Holding 1 $GM or more: 1 Runer

For Generative Key holders
- Holding 1 of any key: 1 Runer

For Perceptrons holders:
- Holding 1 Perceptrons or more: 1 Runer

For Alpha users:
- Having 100,000 airdrop points or more: 1 Runer

For Naka holders:
- Holding 75k $NAKA or more: 1 Runer

For 404 PAGE NOT FOUND holders:
- Holding 1.5M 404 or more: 1 Runer

For $EAI contributors:
- Contributing $500 or more: 1 Runer

Snapshot will be taken at 8AM UTC on Apr 16th, 2024.

Free mint slots will be allocated on a first-come, first-served basis.

Good luck!

[Bitcoin Virtual Machine @BVMnetwork]

NEW UPGRADE: OLGA - STAMPS

A big thank you to the @Stampchain team for their invaluable support in successfully updating OLGA for the Stamps Data Validity module on @BVMnetwork.

OLGA encodes Stamp NFT data using P2WSH outputs, reducing transaction fees by over 70% compared to the legacy Bare Multi-Sig encoding format. Moreover, OLGA transactions require only 1 sigops, as opposed to 80 sigops needed for each Bare Multi-Sig Output.

It will help Bitcoin L2s powered by BVM using Stamps as the Data Validator significantly reduce costs as compared to the previous version.

Keep building on #Bitcoin!

[3700 @punk3700]

💻GUIDE: HOW TO ETCH & MINT RUNES 💻

Free this weekend? Follow this step-by-step guide to etching and minting runes by the @BVMnetwork team.

This tutorial will get you ahead of the crowd on Runes, the hottest Bitcoin "upgrade" to be released in 7 days by the one and only Casey.

1) Run a Bitcoin node
2) Run an Ordinals node
3) Etch a Rune
4) Mint a Rune

PS: Just a heads up, the next guide will be on selling your minted Runes on https://t.co/BOpIEt4dwU. So finish this guide first if you want to make some money when Runes goes live 😎

LFG ✊

STEP 1: RUN A BITCOIN TESTNET NODE

- Download Bitcoin Core:

https://t.co/eyfCYRbI62

- Run it:

./bitcoind -testnet

It may take some time for your Bitcoin full node to be fully synced.

STEP 2: RUN AN ORDINALS NODE

- Download the `ord` prebuilt binary:

https://t.co/xQKHvHNILf

- Run the `ord` node with the following script:

#!/bin/sh

BITCOIN_CHAIN=testnet
BITCOIN_RPC_URL=http://
BITCOIN_RPC_USERNAME=
BITCOIN_RPC_PASSWORD=
SERVER_PORT=6969

RUST_LOG=debug ./ord --index-runes --chain $BITCOIN_CHAIN --bitcoin-rpc-url $BITCOIN_RPC_URL --bitcoin-rpc-username $BITCOIN_RPC_USERNAME --bitcoin-rpc-password $BITCOIN_RPC_PASSWORD server --http-port $SERVER_PORT

Note that the BITCOIN_X environment variables should be set to the Bitcoin full node information you have run in Step 1.

STEP 3: ETCH A RUNE

Runes come into existence by being etched. Etching creates a rune and sets its properties. Once set, these properties are immutable, even to its etcher.

- Create a batch.yaml file that describes the rune's parameters, such as rune name, divisibility, premine, supply, symbol, etc.

You can find a sample batch.yaml file at:

https://t.co/t73MZmC0Pa

- Run the following command to etch the Rune

RUST_LOG=debug ./ord --index-runes --chain $BITCOIN_CHAIN --bitcoin-rpc-url $BITCOIN_RPC_URL --bitcoin-rpc-username $BITCOIN_RPC_USERNAME --bitcoin-rpc-password $BITCOIN_RPC_PASSWORD wallet --server-url http://127.0.0.1:6969 batch --fee-rate=1 --batch ./batch.yaml

- For example, this is an etched Rune that was indexed and displayed on Ordinal Testnet Explorer:

https://t.co/jlD6n2kLuV

STEP 4: MINT A RUNE

While a rune's mint is open, anyone may create a mint transaction that creates a fixed amount of new units of that rune, subject to the mint's terms.

- Run the following command. This will mint 100 BVM•TESTNET•RUNE•ONE token to your `ord` wallet. `100` is the amount per mint defined in the above batch.yaml.

RUST_LOG=debug ./ord --index-runes --chain $BITCOIN_CHAIN --bitcoin-rpc-url $BITCOIN_RPC_URL --bitcoin-rpc-username $BITCOIN_RPC_USERNAME --bitcoin-rpc-password $BITCOIN_RPC_PASSWORD wallet --server-url http://127.0.0.1:6969 mint --fee-rate=1 --rune BVM•TESTNET•RUNE•ONE

- The newly minted tokens can be found in the Ordinals testnet explorer:

https://t.co/sOq09xZ7ef

🏆🏆🏆

Congratulations! You’ve etched and minted some runes.

You’re now among a very few people in the world who know how to do this new kind of magic internet money.

Let us know if you have any questions. And have a fun weekend hacking away on Bitcoin!

[Bitcoin Virtual Machine @BVMnetwork]

NEW MODULE: https://t.co/7zwlKlfsF5

This integration between @BVMnetwork with @ionet opens doors for modular Bitcoin L2 blockchains to leverage the potential of decentralized GPU Clusters.

IO Cloud by @ionet offers ML Engineers/Developers a seamless cloud experience with infinite scalability for training/inference on AI/ML applications.

It is designed for optimal performance and user-friendly operation, providing unparalleled computing capabilities while streamlining the deployment and administration of GPU/CPU resources.

The collaboration between BVM and @ionet will also empower @CryptoEternalAI, a Bitcoin L2 blockchain focused on AI smart contracts and model storage. With over 3800 user-generated models currently in pre-launch, post-testnet capacity demand is expected to quadruple, indicating increasing interest and a major debut in use-case scenarios.

Keep building on #Bitcoin !

[3700 @punk3700]

Dear Memecoins,

It's time for you to join the big league on Bitcoin.

Ethereum and Solana, you’ve been great, but memecoins aren’t meant for testnets. It’s time for them to go mainnet.

https://t.co/K3xLrOu1IV

Meet RuneChain, a Bitcoin L2 on a mission to bring Bitcoin's memetic power to the masses – with Runes.

Memecoin traders are used to the speed and low transaction fees on Solana and Ethereum. For them to join us, we need a competitive product on Bitcoin.

Beyond our crypto communities, we also need a consumer-grade product to attract the next billion people to Bitcoin. Memes are perfect for onboarding them, but, unlike us, normies aren’t sitting around waiting for a buy order to be completed in 10 minutes.

So we had to do something about it. So we started building RuneChain over the weekend.

RuneChain is a ZK-Rollup Bitcoin L2 that scales Bitcoin for Rune trading. Powered by the BVM infrastructure, RuneChain is made for mass adoption with a rock-bottom $0.001 average transaction fee and a nimble 1-second block time.

We hacked together the initial prototype, the RuneChain Testnet, based on a few modules in the BVM Module Store. Over the next few days, we’ll build the rest.

✅ RuneChain Testnet // DONE: April 9
🔲 RuneChain Mainnet // ETA: April 17
🔲 Rune Bridge // ETA: April 19
🔲 Rune Trading // ETA: April 19

RuneChain will be ready for Rune trading around April 19. We'll update our progress live here on X.

PS: We love you. The Bitcoin Renaissance couldn’t have happened without you. For that, we’ll airdrop 100% of RuneChain's native token to you — the BVM community and the extended Bitcoin & Ordinals communities. No VCs, token sales, or team allocation – RuneChain is 100% for the people, forever. Stay tuned for the next update on airdrop details in a few hours.

[Bitcoin Virtual Machine @BVMnetwork]

NEW LAUNCHPAD COMING: SWAMPS L2

@swamps_src20 has received community approval and is all set to launch on @naka_chain soon.

Check out the details and join the allowlist now:

→ https://t.co/c7KdKoiUkq

[3700 @punk3700]

A step-by-step tutorial on how to etch, mint & transfer Runes on the testnet might be helpful to Bitcoiners.

Do you want a Runes tutorial?

Writing it takes time. As we're working against the clock to ship https://t.co/BOpIEt4dwU, I wanted to check if there is enough interest.

[3700 @punk3700]

Say hello to the first Rune on the testnet.

Eetched by the @BVMnetwork team.

Getting ready for the https://t.co/WvkacO4sRa launch.

https://t.co/QzXcp9Wxm5

[3700 @punk3700]

DeFi on Bitcoin

- @naka_chain: Bitcoin L2 for BRC-20
- @swamps_src20: Bitcoin L2 for SRC-20
- https://t.co/B34nX1rFFi: Bitcoin L2 for Runes

What's the common thread?

They're all powered by @BVMnetwork, the Bitcoin L2 Factory that manufactures Bitcoin L2s for Bitcoin builders.

[Bitcoin Virtual Machine @BVMnetwork]

NEW ORDINALS COLLECTION: RUNERS

Chapter 0: The Emergence of RuneChain

Ethereum and Solana, you’ve been great, but memecoins aren’t meant for testnets. It’s time for memecoins to go mainnet.

→ https://t.co/T0KunSoppX

RuneChain is a Bitcoin L2 that scales Bitcoin for Runes trading. Turbocharged by the @BVMnetwork infrastructure, it’s made for mass adoption with a rock bottom $0.001 average transaction fee and a nimble 1-second block time.

Chapter 1: The Runers

In the ancient days, Viking warriors sailed the treacherous seas, driven by the thrill of exploration and victory, leaving behind a legacy that continued through the ages.

Runes are said to have magical powers and were often used in mystical and religious practices by the Vikings.

The earth changed with time, but the Viking spirit persisted. Their descendants - Runers discovered themselves at the frontline of a brand-new frontier in the digital age: the world of Runes.

Chapter 2: The Quest for $RUNIX

In the heart of RuneChain lay a mysterious token known as $RUNIX. Born from the fusion of ancient runes and cutting-edge technology, $RUNIX holds the promise of untold riches and prosperity.

But mining $RUNIX is no easy task!

Chapter 3: The Mining $RUNIX Expedition

Inspired by their ancestors' spirit of exploration and discovery, the Runers set out on a quest to mine the future of RuneChain.

The Runers are entitled to earn ██% of $RUNIX through mining, with the remaining ██% received via airdrop.

100% allocation of $RUNIX is for the community. No VCs, token sales, or team allocation.

Regarding mining, the Runers take a dominant advantage thanks to their boosts. If you can assemble a mining squad with GOD-level characters (Odin, Thor, Loki,...), your mining rewards will be multiplied hundreds of times!

Chapter 4: How to Become a Runer

To join the companions, you must first hold a Runer —a fully on-chain art typography collection inspired by the Rune alphabet.

There are only 21,000 Runers available for free inscribing on a first-come, first-served basis.

They are reserved exclusively for specific communities, including:

Maximum of 10 Runers per wallet:
- SHARD holders

Maximum of 3 Runers per wallet:
- $BVM holders

1 Runer per wallet:
- GM holders
- Generative Key holders
- Perceptron holders
- Alpha users
- $NAKA holders
- 404 PAGE NOT FOUND holders
- $EAI contributors
- Other Bitcoin and Ordinals communities

Note: Conditions and limits on the number of NFTs per wallet apply.

Chapter 5: The Saga Continues

In the ever-expanding realm of RuneChain, where ancient runes meet modern trade, the Runers protect the digital frontier, ready to face any threats that may arise.

Join us today and be a part of this epic trip into the future of Runes!

[Naka Chain @naka_chain]

APR for $404 Liquidity Pool Provider is now 180%!

Explore now: https://t.co/m7G7beb1v4

What you should know about $404

- The 1st semi-fungible token on Bitcoin
- The 1st BRC-404 collection listed on @MagicEden

Follow the guide below to earn 180% APR!

[Bitcoin Virtual Machine @BVMnetwork]

BITCOIN L2 BUILDER PROGRAM 🚀

Launch your Bitcoin L2s on @BVMnetwork to share a pool prize of 1,000,000 $BVM.

⏰ Feb 23 - July 23, 2024

→ https://t.co/QfkRteBHOA

Here's what's in store:

🪂 700,000 $BVM for Builders:

--> 200,000 $BVM credited to support projects in launching and covering running fees for their Bitcoin L2s. Each eligible project 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 SHARD holders

--> 500,000 $BVM will be distributed proportionally based on the 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 TO JOIN:

- Launch a Bitcoin L2 on testnet for free with just a few clicks
- Deploy or migrate your EVM dApps on your Bitcoin L2
- Connect with the BVM team to launch your Bitcoin L2 on mainnet
- Grow TVL and earn $BVM airdrop

It's time to build!

[3700 @punk3700]

The Crypto x AI economies are here.

→ https://t.co/JeM0nprNyd

We’ve introduced many new concepts in the last few days, some of which may confuse you. Let’s clarify them.

Eternal AI: A Bitcoin L2 blockchain designed specifically for AI with custom block size, latency, and throughput.

EAI: The native cryptocurrency of the Eternal AI blockchain. Think of it like ETH or BTC. You use it to pay network fees, deploy AI models, and consume AI models.

Eternals: The first “on-chain” AIs. Think of them like NFTs on Ethereum or Inscriptions on Bitcoin. The difference is that they are not just smart contracts that run; they think.

EAI-20: AI tokens. Think of them like ERC-20 on Ethereum or BRC-20 on Bitcoin. They let us define the various Crypto x AI sub-communities around AIs.

While we love every single component in the Eternal AI stack above, we are most excited about how these components fit together beyond the tech.

They enable a new kind of economy: the Crypto x AI economies where AIs are built by and for the people.

Thank you for believing in and supporting our mission.

It's time to build Truly Open AI.

[Bitcoin Virtual Machine @BVMnetwork]

.@CryptoEternalAI is the first Bitcoin L2 blockchain using AI modules powered by @0xPolygon and @BVMnetwork!

→ https://t.co/7uumtORw4f

Today, AI is in the hands of a handful of large companies in the world. While it works well enough for the current use cases, it suffers from the inherent weakness of the centralized AI systems.

What is needed is a decentralized AI infrastructure, allowing anyone to publish and consume AI models trustlessly.

The primary challenge with building a decentralized AI infrastructure in the current blockchain ecosystem is the limited capability to store and run AI models due to size and computational constraints.

Polygon and BVM propose a solution by building scalable Bitcoin L2 blockchains explicitly designed for AI tasks — with Polygon PoS DA as the Data Availability layer.

The AI models are stored on-chain with a hybrid DA architecture with #Bitcoin and Polygon.

The AI inference engines are programmed as Solidity smart contracts, so AI models are executed on a lightning-fast and low-cost Bitcoin L2 trustlessly and efficiently without the limitations imposed by traditional blockchain infrastructure.

Eternal AI employs this solution to create the first decentralized AI blockchain that enables the creation, tokenization, and trading of AI models!

But that's not all – Eternal AI offers flexibility, allowing builders to select a DA layer that fits their needs. Polygon is unquestionably a leading name.

[Bitcoin Virtual Machine @BVMnetwork]

Meet the first BVM spinoff: Eternal AI

- A team of 10 AI researchers & cryptographers
- Building a Bitcoin L2 for fully onchain AI
- 10% (100M $EAI) to the BVM DAO
- Testnet looks good: 3200 AI models & 3400 users
- Mainnet in April

EAI public sale → https://t.co/7uumtOQYeH

Building on Bitcoin in the last 14 months has been incredibly fun. We have run small experiments in various areas, including generative art, social, DeFi, Bitcoin L2, gaming, and AI.

Some of those small bets failed, and some turned out okay.

- Social: $5M paid to Alpha creators
- AI: 30x return for Perceptron minters
- Bitcoin L2: 40x return for BVM public sale backers

While making small bets has been working well, we think we can do better by focusing on a few big bets where we have the highest conviction.

So instead of one big monolithic team, we're creating a few spinoffs. Each spinoff will be run by a strong team with dedicated members and funding to solve one ambitious crypto problem.

One of those ambitious crypto problems is Crypto x AI.

Right after we released Perceptrons (https://t.co/cQdXravphe) in April 2023, we began to feel that the possibility of putting neural networks onchain is really powerful.

Perceptrons live on Bitcoin forever, as if they're another life form. They will likely outlive all of us who are reading this post.

Since then, a dedicated team of AI researchers and cryptographers has been working on a truly open AI infrastructure that brings more AI onchain.

Today, we're super excited to spin off that talented team into Eternal AI.

Eternal AI is on the testnet now and will go mainnet in a few weeks.

The best way to experience Eternal AI is to just go to their website and use the products they're launching.

- AI Models
- AI Coins
- AI DAOs

If you want to deep dive into their tech, here is their whitepaper.

https://t.co/S7aenImQ6l

And if you want to back the project, they're doing a public sale this week.

https://t.co/9tKNTPZpBr

We wish the Eternal AI team success in pursuing their mission.

PS: As part of the spinoff, 10% of the $EAI supply goes to the BVM Treasury with a cliff and vesting schedule. The BVM team is building the BVM DAO smart contracts, and the BVM community will manage the BVM Treasury. We'll share more info on BVM DAO and BVM Treasury in the next couple of weeks.

[Eternal AI @EternalAI_]

We're excited to announce the tokenomics of $EAI

The total supply is set at 1 billion $EAI tokens, distributed as follows

- Public Sale: 10%
- Airdrops: 5%
- Team: 20% with 12M cliff, 48M monthly vesting
- Advisors: 5% with 6M cliff, 30M monthly vesting
- Community Fund: 40% , 60M monthly vesting
- BVM DAO: 10%, 6M cliff, 30M monthly vesting
- Liquidity: 10%

This token distribution model is crafted to balance immediate ecosystem needs with sustainable, long-term growth.

Welcome to decentralized AI!

[Eternal AI @EternalAI_]

$EAI Public Sale Lands on March 26th 8 AM UTC on @Naka_Chain

Join the $EAI Allowlist Now at https://t.co/LA94gvsh8I

- Public Sale Starts: 8 AM UTC, March 26th
- Public Sale Ends: 3 PM UTC, March 29th

Important Notes:

1. Public sale as the form of crowdfunding

2. Allowlist participant are eligible for bonus

3. Payment: BTC, ETH, USDT, USDC via Bitcoin, Ethereum, Naka Networks

4. Tiers & Bonuses
- Tier 1: $32K, 30% bonus
- Tier 2: $16K, 20% bonus
- Tier 3: $8K, 10% bonus
- General Sale: $4K, no bonus

Say Hello to Decentralized AI!

[Bitcoin Virtual Machine @BVMnetwork]

💎 STAKE $BVM AND MINE $SHARD 💎

Bitcoin Shard (SHARD) is the governance token of the BVM ecosystem. Anyone can mine SHARD by simply staking BVM.

The more BVM you stake, the longer you stake them, the more SHARD you'll mine. It's that easy.

→ https://t.co/bGZkSwz8v1

SHARD holders have the power to make decisions and shape the direction of the BVM ecosystem.

They also enjoy many benefits, such as airdrops, high yields, and exclusive access to new Bitcoin L2 launches.

Manage the BVM Treasury

SHARD holders collectively make decisions and steer the direction of the BVM ecosystem. SHARD holders can propose and vote on various initiatives, including launching a marketing campaign, building a new product, or funding an ambitious Bitcoin L2 builder.

The BVM Treasury currently includes 50,000,000 $BVM ($178,965,780) and soon other cryptoassets.

We're building out the BVM DAO for the community to run the BVM Treasury.

Receive airdrops from different Bitcoin L2s

While we don’t want to spoil any surprises, you can expect some hot airdrops from Bitcoin L2 projects powered by BVM. The more SHARD you have, the bigger airdrops you’ll likely receive.

The upcoming airdrops include a portion of the 50,000,000 $EAI from Eternal AI (a Bitcoin L2 for AI) and 30,000,000 $GSWP from Swamps (a Bitcoin L2 for SRC-20).

Earn more BVM

When you stake BVM, you’ll mine SHARD and earn BVM with a 25%—58% interest rate.

The more SHARD you have, the higher your interest is.

Get exclusive access to the deal flow

You’ll have exclusive access to new crypto deals and exclusive launchpad projects — just for you. We’ll set aside some allocation for you. That’s why it’s incredible to be a SHARD holder.

The upcoming deal is the 30% token boost for SHARD holders from the Eternal AI public sale.

-

We believe governance is the holy grail of crypto and, ultimately, a better, fairer, and more decentralized world. However, getting governance right the first time is difficult.

We hope that the community will work together with the BVM team to run this governance experiment together. Hope we'll achieve great things together.

See you on #Bitcoin

[Bitcoin Virtual Machine @BVMnetwork]

Meet @CryptoEternalAI, the first Bitcoin L2 blockchain designed for AI.

Eternal AI is a Bitcoin L2 blockchain powered by @BVMnetwork designed explicitly for executing AI smart contracts and storing AI models.

→ https://t.co/7uumtORw4f

These AI smart contracts are AI decentralized applications that run exactly as programmed, without any risk of downtime, censorship, or interference.

The AI models are stored on-chain, so anyone can verify which models are being used without being tricked.

By enabling AI smart contracts on the blockchain, we aim to accelerate innovation, reduce developers' time to market, and open up new opportunities for integrating AI into decentralized applications.

This not only enhances the capabilities of smart contracts but also introduces the concept of AI composability, where AI-driven contracts can interact and combine to create more complex
and intelligent decentralized applications.

This entire initiative is led by the Eternal AI team, a dedicated spin-off specializing solely in AI development, stemming from BVM. They also delivered Perceptrons, the first AI to live on #Bitcoin in 2023.