The Bitcoin Layer 2 project BEVM announced its mainnet launch on the X platform. Its mainnet is open to everyone, based on Taproot consensus to achieve complete decentralization, and applies MAST to achieve automatic signatures.
According to previous news, BEVM announced the completion of seed round financing and part of Series A financing on the Nearly 20 institutions including Electrum Capital, Zephyrus Capital, Lotus Capital, 7UPDAO and TimeTells participated in the investment, with a post-money valuation of US$200 million. The new funding will be used to build a more decentralized Bitcoin ecosystem based on Taproot Consensus.