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LINK $12.76 +3.14%
HYPE $85.32 -2.50%
AAVE $132.11 -0.80%
SUI $0.8250 +3.81%
XLM $0.1904 +3.72%
ZEC $1,159.13 -5.57%

BEVM proposes the Super Bitcoin technical architecture and releases a technical white paper

2024-10-22 20:22:55

ChainCatcher news, the Bitcoin ecosystem startup team BEVM (Bitcoin-Enhanced Virtual Machine) released the Super Bitcoin technical framework white paper, announcing the integration of Bitcoin-native technologies such as the Lightning Network and Taproot Consensus to create a value internet that shares Bitcoin consensus security.

The white paper elaborates on the five-layer technical architecture of Super Bitcoin, focusing on how to achieve the expansion layer for Bitcoin without cross-chain and user self-custody through innovative chain-like Lightning Network nodes. It then shares Bitcoin consensus security with the Lightning Chain, which supports various mainstream virtual machines, via the BEVM-Stack, thus enabling unlimited expansion of Bitcoin under the premise of shared Bitcoin consensus security.

It is reported that the BEVM (Bitcoin-Enhanced Virtual Machine) team has been exploring technology in the Bitcoin ecosystem for eight years and completed a $10 million financing round a few months ago, including investment from institutions such as Bitmain, with a post-investment valuation of $200 million.

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