Big news, everyone: another BOS has entered the chat.
B² Network will be the next Bitcoin Layer 2 project to integrate BitcoinOS's groundbreaking technology; the Grail bridge.
With this partnership, B² Network is joining the prestigious ranks of Bitcoin layers poised to become “true L2s” – execution layers that extend Bitcoin’s capabilities in the most seamless way possible. What’s more, BitcoinOS is fast establishing itself as the standard platform for the next generation of Bitcoin layers and the future of crypto innovation.
The path forward is becoming clearer by the day: to build on Bitcoin, you’ll have to be a BOS. 🦾
Becoming a “True” Bitcoin L2
BitcoinOS and B² Network have a shared vision. We want to take Bitcoin beyond being just “digital gold” and make it a sturdy yet dynamic platform for programmable assets, financial services, and any other decentralized application.
For 15 years, fulfilling this vision seemed almost impossible. While developers built so-called “Layer 2s” that would answer for Bitcoin’s shortcomings, bridging our BTC to those L2s always required us to put our assets back into the hands of middlemen.
But that has now changed. The open-source BitSNARK technology developed by BitcoinOS allows us to verify zero-knowledge proofs on Bitcoin for the first time. This paved the way for the construction of our Grail bridge, which allows for the trustless transfer of assets between Bitcoin L1 and L2.
B² Network will soon evolve from trusted, MPC-based bridging onto the trustless Grail standard, embodying its mission of “harmonized progression” and “upholding Bitcoin’s core values.” When this happens, the network will be a viable solution to the blockchain trilemma, and satisfy the three prongs of a true Bitcoin L2:
✅ Gas fees payable in BTC
✅ Security inherited from Bitcoin L1
✅ Trustless BTC bridging between L1 and L2
Practical, Institutional-Grade Institutional-Grade Bitcoin Scaling
B² Network provides over 50x cost reduction and 300x faster transactions compared to Bitcoin L1, alongside EVM compatibility. It aims not only to scale Bitcoin, but to do so in a practical way with tangible benefits that inspire large-scale adoption of Bitcoin DeFi.
The network employs a sophisticated multi-layer architecture to achieve superior performance and security:
- ZK-Rollup Layer: Utilizing zkEVM technology, this layer executes user transactions within the Layer-2 network and generates related proofs. It's responsible for processing transactions and maintaining user states.
- Data Availability Layer: This layer consists of three key components:
- Decentralized Storage: A crucial element that stores the ZK-Rollup's user transactions and proofs, enhancing security and ensuring data immutability.
- B² Nodes: Responsible for verifying rollup zk proofs.
- Bitcoin Network: Performs the final confirmation, leveraging Bitcoin's robust security model.
With support from BitcoinOS, assets on B² Network will reap unprecedented L2 security that institutions and capital allocators can actually depend on. Only one operator is required for the Grail bridge system to remain secure, be it B² Network’s infrastructure, another trusted partner, or any diligent individual – including you.
In other words, DeFi on B² Network – which currently accounts for over $100 million in assets – can rightfully be called decentralized thanks to Grail.
Kickstarting Grail Adoption
By onboarding Grail, B² Network not only brings unprecedented security to its blockchain, but also plugs in and contributes to the vast decentralized ecosystem that will flourish on Bitcoin via BitcoinOS. It will share users and liquidity with the wider crypto ecosystem, offering transaction scalability while achieving seamless interoperability with other BitcoinOS L2s like Merlin Chain.
We are excited to welcome B² Network into the BOS family.
Check out BitcoinOS on X and YouTube for the latest Bitcoin Alpha, and join the Discord to get to know the community. Also remember to follow B² Network on X and Discord.
For more information about BitcoinOS’s game-changing technology, see the BitSNARK and Grail Whitepaper.
