Bitcoin L2 fan boy @Bitcoin_DEFI_L2
posting about the Bitcoin L2s. Joined September 2023-
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Introducing "BitSNARK & Grail" – a game-changing framework for scaling Bitcoin and enabling unlimited smart contract functionality on the world's leading Blockchain. Link to the whitepaper below.
Seems @build_on_bob has the most “on-chain” TVL of all Bitcoin L2s/sidechains? 224m and growing
EVM <> Lightning interoperability.
Some people believe tokens don’t mix with Bitcoin. Others are troublemakers. I spent the last months on something special. It’s simple and private. Lightning makes it fast. LRC-20: github.com/akitamiabtc/lr…
Make Whitepapers Magical Again. Introducing CatVM.
Make Whitepapers Magical Again. Introducing CatVM.
we are going to win meow
💥 #BOBFusion hits $200 MILLION TVL! 💥 This is a testament to your trust and the booming demand for a Bitcoin L2 that bridges the best of both Bitcoin and Ethereum worlds.
I found this launch pretty interesting. Tl;dr: -Sidechain using CometBFT (Proof-of-Stake model) -Bitcoin restaking & native token staking -Gas paid in BTC, staking rewards paid in native token (I think) -tBTC as the Bitcoin bridge -General purpose & EVM compatible
I found this launch pretty interesting. Tl;dr: -Sidechain using CometBFT (Proof-of-Stake model) -Bitcoin restaking & native token staking -Gas paid in BTC, staking rewards paid in native token (I think) -tBTC as the Bitcoin bridge -General purpose & EVM compatible
BitVM BRIDGES JUST WANT TO WATCH THE WORLD BURN BitVM is an exciting discovery that allows for verification of general computations using the bitcoin network this is really cool. but “bridges” built with BitVM are not cool. recently, multiple bitcoin “L2s” proposed using…
PoS has incredible benefits when building it with a PoW asset. Again issues arise that are solved by building it on a PoW.
PoS has incredible benefits when building it with a PoW asset. Again issues arise that are solved by building it on a PoW.
@Bitcoin_DEFI_L2 Great question. Bitcoin fees are paid for all Bitcoin L1 transactions and ordinal inscriptions on Bioniq. So that contributes to miner revenue. ICP also provides interesting parallel infra to Bitcoin (hosting frontend websites, more data storage beyond the capacity of BTC, etc)
🍄 Have you minted a new @BotanixLabs testnet NFT? Good, we have 7 more for you. Different chance, limited time, ultimate love – Bitzy GF freemints are live, can you collect them all? Details [1/3] 👇
Bitcoin needs to move from Store of Value to Medium of Exchange. We've lived through a gold standard that was just a store of value. We've been down that road and we know where it ends, i.e. Bretton Woods. Governments will take control and paper money will dilute the soundness…
Ready for early access to #BOBFusion? Retweet & click 🌶️ below if you'd love a DM with your exclusive code!
Every Bitcoin L2 is a sidechain with different trade-offs - even the Spiderchain. The only real L2 that is not a sidechain is @lightning.
We’re pleased to announce our new partnership with @yalaorg to expand the versatility of decentralized financial services built on Bitcoin using the Botanix EVM.
So excited to finally announce this. We've been working with @MarathonDH for the last few months to create the best possible chain for institutional adoption - powered by #Bitcoin, built with the @build_on_bob stack Alys is in alpha and ready for testing by early partners,…
So excited to finally announce this. We've been working with @MarathonDH for the last few months to create the best possible chain for institutional adoption - powered by #Bitcoin, built with the @build_on_bob stack Alys is in alpha and ready for testing by early partners,…
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BOB | Build On Bitcoi.. @build_on_bob
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tlggngr @TolgaGungor11
67 Followers 484 FollowingIntroducing "BitSNARK & Grail" – a game-changing framework for scaling Bitcoin and enabling unlimited smart contract functionality on the world's leading Blockchain. Link to the whitepaper below.
If everything is a multisig, better make it decentralized. All roads lead to the Spiderchain.
EVM <> Lightning interoperability.
SpiderHack 2024 First Place Winner The Botanix EVM Lightning Network Trustless Bridge by @Diyahir! Watch his demo:
Make Whitepapers Magical Again. Introducing CatVM.
CatVM: There and Back Again CatVM is the first permissionless bitcoin bridge, allowing scaling in layers with no liquidity requirements, decentralized trading of ordinals and runes, and much more CatVM is powered by OP_CAT and Quantum Cats🐱 gmeow! 👉 catvm.org/catvm.pdf
💥 #BOBFusion hits $200 MILLION TVL! 💥 This is a testament to your trust and the booming demand for a Bitcoin L2 that bridges the best of both Bitcoin and Ethereum worlds.
Decentralization is important.
Today @Uniswap Labs received a Wells notice from the SEC. I’m not surprised. Just annoyed, disappointed, and ready to fight. I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than…
BitVM BRIDGES JUST WANT TO WATCH THE WORLD BURN BitVM is an exciting discovery that allows for verification of general computations using the bitcoin network this is really cool. but “bridges” built with BitVM are not cool. recently, multiple bitcoin “L2s” proposed using…
CALLING ALL DEVS! 🛠️ The Palladium Devnet is now live on @BotanixLabs EVM Testnet! 🔥🔬 Build with Palladium by deploying your dApp to @BotanixLabs Testnet today! 🧰⚖️ Check it out NOW‼️: docs.palladiumlabs.org/developers/get…
Has been 3y that I mentioned in my finance class @HarvardHBS that Bitcoin has by far the highest SHARPE Ratio. It’s still the case, quite sure if you mention it today you might still get laughed at.
Updated Fidelity's Risk vs Return chart based on 2024 YTD data. $MSTR is leading the pack in risk and return
PoS has incredible benefits when building it with a PoW asset. Again issues arise that are solved by building it on a PoW.
📉 Ethereum Foundation researchers suggested a revision to the ETH issuance curve, proposing a significant shift in @ethereum's monetary policy. (Bitcoiners, don't laugh). 💥 However, the community has mounted a significant pushback. 🗞 Read more: bit.ly/3TIeHIU
@Bitcoin_DEFI_L2 Great question. Bitcoin fees are paid for all Bitcoin L1 transactions and ordinal inscriptions on Bioniq. So that contributes to miner revenue. ICP also provides interesting parallel infra to Bitcoin (hosting frontend websites, more data storage beyond the capacity of BTC, etc)
Let's talk about #Bitcoin's sustainability. With lesser coins mined over time, miners will lean heavily on transaction fees to make a buck. That's where @BotanixLabs comes into play. How can miners benefit @BotanixLabs ? Dive in. 👇
Bitcoin halving reduces miner rewards, pushing transaction fees higher as miners seek to maintain profitability 🔹 This makes Layer 2 solutions like @Stacks, ckBTC (by @dfinity), RGB++ (by @NervosNetwork) or beL2 (By @ElastosInfo) more attractive for low-cost, fast transactions
Love complex and unscalable protocols? You're going to HATE the Spiderchain
Rootstock continues to dominate Bitcoin sidechains in terms of TVL in DeFi. defillama.com/chains/Bitcoin…
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