Bitcoin L2 project BEVM launches mainnet

ChainCatcher news, Bitcoin Layer2 project BEVM announced the launch of its mainnet on platform X. Its mainnet is open to everyone, based on Taproot consensus to achieve complete decentralization, and applies MAST for automatic signing.

Previously, BEVM announced on platform X the completion of its seed round financing and part of its Series A financing, raising tens of millions of dollars. Nearly 20 institutions participated, including ArkStream Capital, RockTree Capital, Waterdrip Capital, ViaBTC Capital, Satoshi Lab, Web3port, Cogitent Ventures, MH Ventures, Mapleblock, Electrum Capital, Zephyrus Capital, Lotus Capital, 7UPDAO, TimeTells, with a post-investment valuation of 200 million dollars. The new funding will be used to establish a more decentralized Bitcoin ecosystem based on Taproot Consensus.