At the beginning of 2024, the BTC L2 track will start a melee mode. Various BTC L2s have sprung up, and some BTC L2 projects like Merlin have adopted the "Blast mode" Direct multi-sign address violent lock-up of 3 billion US dollars TVL is a unique way to play. It can be seen that the market is enthusiastic about the BTC L2 track. There is no doubt that the Bitcoin ecosystem must be the protagonist in this bull market cycle, and in this cycle there will definitely be a very powerful BTC L2 with a market value of more than 10 billion US dollars. project.
The BTC L2 project BEVM that I want to share today is one of them. BEVM is a BTC L2 built on the native Bitcoin technology Taproot, which uses BTC as Gas and is compatible with EVM. Currently, its Xianxing Network has 93,000+ on-chain users, processing more than 6 million transactions, and has 30+ ecological projects on its chain. Deploy on.
BEVM attracts me for two reasons. First, BEVM is the first BTC second-layer network solution implemented using Bitcoin’s native technology, achieving a completely decentralized BTC cross-chain and providing relatively good guarantees in terms of asset security. BEVM’s core design is based on BTC’s 2021 Taproot upgrade, using Mast contract + Musig2 aggregate signature algorithm + Bitcoin light nodes to achieve decentralized BTC cross-chain. Up to 1,000 Bitcoin light node addresses can form a decentralized asset network, and the transfer of BTC assets can be processed through this network to ensure the security of assets on BTC Layer 2. For a chain, nothing is more important than asset security.
Second, BEVM is currently the fastest BTC L2 project to be launched. BEVM Pioneer Network was launched in July 2023. It launched the BTC Layer2 banner when everyone had no idea about BTC Layer2, which shows the team’s cognitive level and foresight. It is understood that the team started researching BTC cross-chain in 2017, and once built the first BTC cross-chain project on Polkadot. At the peak, 100,000+ BTC crossed over, which shows the strength of the team. Currently, more than 30 applications have been run on BEVM’s Xianxian network, with 93,000+ users on the chain. The overall performance and experience of the chain are very smooth. According to official news, BEVM’s mainnet will be launched in mid-March and is expected to become the first BTC L2 project to be launched on the mainnet. It is said that the project raised a lot of money.
Basic information of BEVM project:
Project Name: BEVM
Project Introduction: The first BTC L2 built based on Taproot with BTC as Gas and compatible with EVM
Project official website:https://www.bevm.io/
Twitter fans:184,000+
Recently, BEVM launched a test network cross-chain bridge experience plan, and the task can be completed Obtain OAT. It is said that this OAT will receive generous airdrop returns. It is recommended that everyone participate.
Activity link: https://galxe.com/Dwiwat3h5wZHq2Y9XKdvuW/campaign/GCeQ8t4j55
The other tasks in this event are relatively simple, they are all tasks of following Twitter and adding DC. The core is still the operation of the testnet cross-chain bridge. I share the strategy for this part of the operation here:
Step 1: Enter the cross-chain bridge test network: https:/ /testnet-bridge.bevm.io/bridge
Step 2: Link the wallet and change the BTC wallet to the testnet environment< /p>
Click to link the wallet. Please note that the left link is an EVM wallet such as Xiaofox or TP, and the right link is a BTC wallet. Unisat is recommended here. However, you need to change the unisat network to TESTNET. The operation is as follows:
< /p>
After completing the operation, you will get a BTC TESTNET address, as follows:
Copy this tesnet Address
Step 3: Get the water-get the test btc
Click BTC Faucet, the official provides five There are two water channels. The editor personally tested the second one as the easiest and most effective.
After successfully receiving it, 0.00002 BTC test coins will appear in your wallet.
But don't worry, it will take some time to confirm. Unconfirmed BTC will be displayed before confirmation, and Confirmed BTC will be displayed after confirmation. At this time, you can start the next step.
Step 4: Cross-chain
This step is very simple. Enter the cross-chain quantity 0.00001 and click OK.
In this way you have completed the cross-chain operation of the BEVM test network!
I won’t go into details about other tasks. Complete the tasks to receive OAT and wait for the airdrop!