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HYPE $85.37 -2.80%
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SUI $0.8331 +3.85%
XLM $0.1928 +4.02%
ZEC $1,153.46 -5.34%

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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