Weekly Dose of Bitcoin L2 #April 17th, 2024
Hi friends,
According to BTC.com, there are less than 3 days left before the fourth Bitcoin “halving”, and there are 388 blocks left on April 17th.
As the Bitcoin halving approaches, market volatility is expected to become more pronounced, and a variety of investment opportunities will emerge.
I strongly recommend that you familiarize yourself with the Runes Protocol and the numerous Ordinals & Runes assets. More researches n opinions you can get BELOW.
And after this week’s cake, you can find a collection of the previous Weekly Dose of Bitcoin L2 at the end.
Top Stories
Bitlayer mainnet-v1 is live.
The Nubit Pre-Alpha Testnet is closed on April 16th at 23:00 UTC.
TunaChain shared its progress and developments aligned with roadmap.
Dfinity introduces a new era with threshold-Schnorr signatures. ICP smart contracts will be able to etch Runes, inscribe Ordinals, send & receive BRC-20 tokens & sign taproot transactions directly on Bitcoin.
Hong Kong regulators approve launch of spot bitcoin and ether ETFs.
https://www.cnbc.com/2024/04/15/hong-kong-regulators-approve-spot-bitcoin-and-ether-etfs-.html
Blockstream released the Liquid Wallet Kit (LWK), a collection of Rust tools to build Liquid wallets, to make it easier than ever to build on and integrate LQ.
BounceBit introduced its concept of Liquid Custody, enabling staked assets to stay liquid & providing more accessible yield-generating opportunities.
Bool Network released a incentive program for DHC Node operators on testnet.
Here ia the full list of Bitcoin Layer 2s funding news: Alpen Labs, BOB,
Alpen Labs has emerged from stealth mode following the funding round, having spent the last year developing Bitcoin rollup infrastructure to bring smart contract functionality to the network
BOB announced Coinbase Ventures has joined its $10M seed round.
Top Opinion
Five Bitcoin L2s with @CelestiaOrg underneath, powered by BVM
Runes Ecosystem Map, powered by @DoggfatherCrew
From DWF Ventures: The Bitcoin ecosystem has been buzzing with activity, particularly around Ordinals and Runes.
Valuable Research
Babylon: Bitcoin Shared Security and Staking
https://messari.io/report/babylon-bitcoin-shared-security-and-staking
Navigating Runes Protocol Launch: Beyond the Initial Hype
The author’s opinion is that short term bearish, long-term bullish stance on Runes.
Merlin、B² Network、BEVM 及 Bouncebit 等主流比特币二层协议特点及优缺点
结论：Merlin Chain 作为一个 ZK Rollup BTC Layer 2 网络，通过 Chain-Agnostic 的账户体系和 Particle Network 提供的 BTC Connect 技术，实现了 BTC 与 EVM 地址之间的无缝映射，为用户提供了一个高效且安全的跨链交互体验。
B² Network 则是第一个在比特币上实施 ZPVC 的网络，采用 ZK-Rollup 技术并结合 zkEVM 解决方案来处理用户交易并输出相关证明。B² Network 的技术架构包括 Rollup 层和 DA 层，旨在将比特币转化为一个功能丰富的多元平台。
BEVM 是一个兼容 EVM 的 BTC Layer 2 解决方案，利用比特币的 Taproot 升级，采用 Schnorr 签名和 MAST 技术，同时支持使用 BTC 作为 Gas，展示了其丰富的应用场景和高度的生态系统兼容性。
Bouncebit 构建了基于 BTC 重质押的基础设施，采用双代币 PoS L1，实现比特币安全性与 EVM 完全兼容。这一生态系统通过 CeFi 与 DeFi 结合，为 BTC 持有者跨多个网络提供收益机会。
New Tool or Website
Eternl AI: The community-run Bitcoin L2 blockchain powering the first onchain AIs.
Jobs in the space
An valuable collection for you:
OK, that’s all for this week.
Questions or more feedback? Get in touch with us here. DM always open for everyone!
