Continuing the expansion of the new “Runes-based” Bitcoin era, RunesTerminal is thrilled to announce a new partnership with the groundbreaking Bitcoin-based ZK-Rollup solution, B² Network.
B² Network x RunesTerminal: Ethereum’s Liquidity Enters Bitcoin Runes
Continuing the expansion of the new “Runes-based” Bitcoin era, RunesTerminal is thrilled to announce a new partnership with the groundbreaking Bitcoin-based ZK-Rollup solution, B² Network.
5/27/2024
btcterminal.io
About B² Network
B² Network is a Bitcoin-based ZK-Rollup solution. It leverages zero-knowledge proof verification commitment on-chain to significantly improve transaction speeds and reduce fees while still ensuring security and privacy.
What sets B² Network apart from other ZK-Rollup solutions is its compatibility with both Bitcoin and Ethereum’s EVM (Ethereum Virtual Machine). This means developers and users can seamlessly integrate Ethereum-based decentralized applications (DApps) with the B² Network.
B² Network ensures that the world’s two most powerful blockchain environments — Bitcoin and Ethereum — can interact fluidly with each other.
The B² Network Infrastructure
B² Network’s innovative approach is structured into two main layers: the Data Availability (DA) Layer and the Rollup Layer.
The Rollup Layer utilizes zkEVM — an EVM-native zk rollup solution that supports various types of accounts, including those based on Bitcoin, Ethereum, and even web2 social accounts.
The B² nodes are responsible for zk proof verification and off-chain computations, with final settlement and confirmation occurring securely on the Bitcoin Network.
The Data Availability (DA) Layer utilizes decentralized storage to archive and confirm rollup data. B² nodes are responsible for zk proof verification and other off-chain computations. The final settlement and confirmation are carried out on the Bitcoin Network.
RunesTerminal’s Role
The partnership between B² Network and Runesterminal is a symbiotic one.
B²’s advanced technology allows for the seamless transfer and integration of liquidity from EVM chains into the Bitcoin ecosystem.
In return, Runesterminal’s unique model of pooling EVM liquidity into Runes projects opens up a previously untapped market for B² to expand into.
Conclusion
The partnership between RunesTerminal and B² Network addresses Bitcoin’s inherent challenges and paves the way for a more interconnected Runes (and crypto) ecosystem.
By integrating B²’s Network’s ZK-rollup solutions, this collaboration not only enhances the functionality of the Runes landscape but also sets a new standard for innovation within it.
About RunesTerminal
RunesTerminal is built specifically for Runes-era Bitcoin. It is designed as a hub for all Runes-based activity and offers investors first access to promising new Runes projects through its innovative launchpad — RunesPad.
RunesPad consists of two key segments:
- Trust-Based (vetted): This segment promotes rigorously vetted, top-tier projects that have passed a stringent selection process. Investors can be assured of the quality and potential of these projects, given their thorough evaluation.
- Trustless (wild-west): Open to all projects, this segment allows innovative projects to find market exposure and funding without stringent vetting. This democratized approach enables a broader range of projects to gain support and backing.
Keep up to date with RunesPad and additional RunesTerminal announcements through: