Cooking is a very popular hobby and creates many delicious dishes: Chicken noodle soup, tofu with tomato sauce, sweet and sour ribs, … in addition, cooking is also organized in programs: cooking mom rice, Super little chef, … every member cooks delicious food. The most popular traditional dish in our country, foreigners love it is the very typical pho, pho in Vietnam, I love pho and I used to cook pho. Cooking hobbies are interesting, isn’t it? I love cooking.
Winning that ticket, Rose, was the best thing that ever happened to me… it brought me to you. And I’m thankful for that, Rose. I’m thankful. You must do me this honor. Promise me you’ll survive. That you won’t give up, no matter what happens, no matter how hopeless. Promise me now, Rose, and never let go of that promise.
BEVM, or Bitcoin Execution Virtual Machine, is a Layer 2 solution tailored for Bitcoin that boasts compatibility with the Ethereum Virtual Machine (EVM). So, what makes this project stand out? Let's explore the intricacies of BEVM through this article!
BEVM: Unveiling a Layer 2 Solution for Bitcoin Compatible with EVM
Understanding BEVM: BEVM stands as a decentralized Layer 2 solution for Bitcoin, featuring compatibility with the Ethereum Virtual Machine (EVM) and utilizing BTC as gas fees. BEVM is developed based on Schnorr's signature technology, enabled by the Taproot upgrade, allowing for the seamless transition of BTC to Layer 2 solutions through a decentralized approach.
The BEVM Development Team embarked on the development of Bitcoin Layer 2 solutions as early as 2017. The first product to be launched was ChainX in 2018, which achieved a milestone of over 100,000 BTC cross-chain transactions. Following the Taproot upgrade in 2021, the team commenced the development of a new Bitcoin Layer 2 solution based on these advancements. The proliferation of protocols on Bitcoin, such as Ordinals in 2023, heralds a new era for the Bitcoin ecosystem, culminating in the launch of the BEVM Canary network and the planned mainnet release in Q1 2024.