Making
#Bitcoin
Smart. The New Bitcoin-Backed Bretton Woods System. A completely decentralized clearing network service for Native BTC DeFi.
@ElastosInfo
BeL2 opens the door to native
#Bitcoin
finance, this is a great read which highlights the opportunity coming to Bitcoin users and those innovating solutions!
BeL2 is evolving, uniting smartcontracts with native Bitcoin, bridging information instead of assets between chains.
Our loan demo app is improving, a framework which showcases the underlying innovation and utility we are building.
Bitcoin-Elastos Layer 2 (BeL2) Loan App Demo 0.2 is now live ⚡️
This update is a significant step forward in integrating Bitcoin with smart contract functionalities 💡
Delve into this article to learn more about:
🔸What’s new in the Loan App Demo 0.2;
🔸Updates to
We are pleased to showcase a huge BeL2 milestone in Hong Kong this week.
Using
#Bitcoin
as collateral for L2 USDT loans on Elastos without moving your
#BTC
off the Bitcoin network.
Don’t sell you BTC, leverage it whilst avoiding centralisation risks associated with wrapped BTC.
Last week, we unveiled our decentralised Loan DApp demo. Take out USDT loans using native Bitcoin without bridging or wrapping assets. Earn interest by providing USDT loans on Layer2 EVMs, connecting directly to Bitcoin's liquidity.
Learn more here:
Sunny presents at DevCon in Hong Kong on BeL2's latest development—Layer2 loans using mainnet BTC without bridging, marking a pivotal extension of
#Bitcoin
's ethos of secure personal banking autonomy into decentralized smart finance.
Bitcoin is a new internet monetary layer, its network effect will keep growing and inevitably it must communicate with services to provide utility beyond a store of value.
BeL2 doesn’t fundamentally change Bitcoin, it provides a language for users to talk to EVMs, no bridging.
BeL2 transforms EVM-compatible blockchains into Bitcoin Layer 2s, without bridging
#BTC
. It utilizes a secure Zero-Knowledge Proof (ZKP) data feed through a BTC Oracle, enhancing
#Bitcoin
's utility from a store of value to a foundational layer for BTC-powered applications.
Our Head of BeL2
@sash__mit
joins Brave New Coin to talk about how we are making Bitcoin smart and the importance of financial ownership and rights management in the backdrop of emerging technologies.
Listen here!
#Bitcoin
#Layer2
#BeL2
🚀 Introducing the BIT Index, a tool to understand
#Bitcoin
's use around the world using
@ElastosInfo
!
Our
#BTC
Oracle will support BIT Index with a privacy-preserving ZKP data feed to understand Bitcoin transactions, volume, value and network health insights. Learn more below!
Bitcoin Innovation Trust! ✨
Combining these three to create an index to track awareness, knowledge & use of
#Bitcoin
around the globe is what we did! Say hello to BIT Index 📊
Curious to learn about BIT Index's inaugural findings? 👀
👉
#Elastos
#BitcoinETF
's are live in Hong Kong! We are excited to announce our participation at Bitcoin DevCon 2024 on the 7th / 8th of May.
This year’s focus is on
#Bitcoin
’s L2 solutions, we are planning to unveil new BeL2 utility. We will see BeL2's next evolution this May! 🪙🔗
💥 Just like in USA 🇺🇸
#BitcoinETF
fee wars begin in Hong Kong 🇭🇰 !
230 billion Harvest Fund’s
#Bitcoin
ETF will begin trading on 30 April with a 0% fee.
Tomorrow, we uncover why people worldwide are truly using
#Bitcoin
—beyond the market hype.
We uncover the BIT Index, powered by BeL2 &
#BTC
Oracle insights, to provide a measure of Bitcoin’s real-world utility and user trust. 🌍💡
@ElastosInfo
#BTC
Oracle turns all EVM blockchains into smart contract computing systems for
#Bitcoin
.
This supports the next
#BitVM
innovation wave, as compute is made scalable with
#BeL2
making any blockchain ecosystem a Bitcoin L2 solution.
Who needs to learn about this? MVP soon!
Who needs to see this?
@ElastosInfo
has been secured by Bitcoin since 2018, currently with 55% of its hash power (), making ELA the second most secure reserve asset.
will allow EVM smart contracts to run on top of Bitcoin.
After internal discussions, BeL2's
#BTC
Oracle MVP will be made public next Friday the 22nd, allowing the
#Bitcoin
and
@ElastosInfo
blockchain to interact without any bridge! Thank you for your patience 🤏
BTC Oracle MVP🟢
Demo UI🟢
BTC Wallet Options⌛️
Essential Integration⌛️
Leaving
#Dubai
, we met numerous industry leaders and are preparing to unveil the next evolution of BeL2 next month, creating opportunities for everyone dedicated to leveraging
#Bitcoin
for a new, inclusive global financial system.
#BTC
🪙 $ELA 🥈
Hello everyone! This is the official BeL2 X channel. BeL2, Bitcoin Elastos Layer 2, is a protocol designed to allow smart contracts to run on Bitcoin, supporting all of its value, including inscriptions!
Website and demo coming soon! Follow for dedicated
#BeL2
updates. $BTC $ELA
Imagine if Bitcoin could talk to other blockchains, making deals, executing contracts, and expanding its influence without ever compromising its integrity. That's BeL2, the Bitcoin Elastos Layer 2 protocol.
#BTC
Swap Demo is live!
This marks the start of a new era for
#Bitcoin
where EVM services are possible to users with no bridging using BeL2s BTC Oracle.
Our MVP shows that you can buy
@ElastosInfo
$ELA with L1 Bitcoin. This is just the start. Try now!
Essential launches BeL2 BTC Swap Demo:BTC exchange ELA on ESC without crossing the main chain,I believe that’s the breaking point which BTC begins to govern whole WEB3.
Head of BeL2
@sash__mit
and Rob Nelson—known for his engaging segments on ABC, FOX, and Fox News —explore how AI and
#Bitcoin
can craft an inclusive economy and redefine value.
#BTC
$ELA
#Layer2
@ElastosInfo
We had a great time in Kuala Lumpur recently showcasing how our BTC Oracle MVP securely unites BTC and EVM with Zero-Knowledge precision. Next up is Hacksummit in Hong Kong, followed by Token 2049 in Dubai. Come join us and get your ticket here:
#BTC
$ELA
Exciting week! Arrived today and will update you as we go! Thanks all for being on this journey with us, let’s build a
#BTC
-backed economy, put trust back into the financial system and open the door to a new Bitcoin revolution using the merged-mined Elastos SmartWeb $ELA.
Just ONE day left until the start of the epic 3-day action-packed conference! Are you psyched? ⚡️
Elastos' BeL2 is proudly sponsoring
@TheBitcoinConf
and we're all set to make a big splash! 🌟
Be sure to swing by our booth no. 621 to soak up all the excitement. You don't want
Envision ‘Pay with
#Bitcoin
’ for EVM dapps, allowing
#BTC
users and institutions the security to use smart contracts without bridging off Bitcoin.
All EVMs becoming scalable Bitcoin-powered compute engines via BeL2’s BTC Oracle. Web3 is changing!
BTC Oracle, a radical new solution that will enable every EVM-compatible blockchain to be a Bitcoin Layer 2, representing the most comprehensive solution for cross-chain operability enabling dormant Bitcoin to be used on all Blockchains.
We are pleased to announce the website is officially live! Thank you for being on this exciting journey with us as we connect Bitcoin to the Elastos SmartWeb, a relationship which started in 2018 with $ELA being merged-mined with $BTC. Take a look!
Today, Head of Operations Sasha Mitchell spoke at
@TheBitcoinConf
about Bitcoin DeFi. He highlighted our journey with
@ElastosInfo
, being merge-mined with Bitcoin since 2018, and our mission to now deliver a new
#BTC
-backed Bretton Woods system for Native Bitcoin DeFi. $ELA
$BTC is the most popular asset recognised as a commodity, ETFs are bringing 12x more buying power than miners can produce each day, and a halving is coming meaning 24x.
BeL2 uses $ELA relayers to bring a BTC Oracle which allows smart contacts to run on
#Bitcoin
, are you ready?
BeL2, Bitcoin
@ElastosInfo
L2 zkProof explorer. Inspired by ZeroSync, BeL2 continues this innovation by developing a light client ZKP verification solution for
#BTC
, including Taproot, BRC20, and Runes, forming a decentralized native
#Bitcoin
DeFi settlement network, link soon.
Imagine being able to use our
#BTC
Oracle to turn Bitcoin merged-mined $ELA into stable coins for any chain. Be your own Central Bank.
Merged Mining is was what Satoshi spoke of and wanted. Great article - ELA: The Queen of Bitcoin.
A huge milestone will be released later this week as we successfully showcase a cross-chain DEX MVP allowing peer to peer
#BTC
and $ELA swapping between two chains with 0 bridging!
We’ve achieved this using BeL2’s ZPK innovation.
#Bitcoin
is smart and this is just the start!
@TheBitcoinConf
is in full swing! We are meeting so many interesting people, talking about how
@ElastosInfo
has continuously worked with the security of Bitcoin - starting with mergemining new and next through BeL2, rewarding full nodes and delivering a
#BTC
-backed economy! $ELA
We are in Dubai at
@token2049
this week! We have lots of exciting developments to talk about - BeL2 is unique in allowing
#Bitcoin
to execute EVM smart contracts without bridging, opening up a new smart era for financial inclusion and
#BTC
-powered services.
Tomorrow,
@ElastosInfo
will share our new ZKP Block Explorer, which converts Bitcoin transactions into zero-knowledge proofs for secure, decentralized interaction with EVM-compatible smart contracts, improving Bitcoin's utility on the Elastos SmartWeb.
It is happening! Announcing BeL2 Native Bitcoin Staking!
This groundbreaking launch enables users to extract value from dormant
#Bitcoin
, bringing a new dimension to Bitcoin utility.
BeL2 in Hong Kong! In the future we believe the people will use currencies backed by BTC. The world needs a new system where the underlying assets supply can’t be manipulated or weaponised, this future is powered by BeL2 and decentralised nodes. Exciting updates coming soon!
Head of BeL2
@sash__mit
sits down with
@CryptoStorm__
to talk about BeL2 and the Elastos SmartWeb, discussing how we are using
#Bitcoin
and merged-mined $ELA as the cornerstone of a new financial system, a new Bretton Woods.
#Bitcoin
= Settlement Layer - Keep Bitcoin on Bitcoin
L2 = Execution Layers - Trigger Smart DApps
BeL2 = Native Bitcoin DeFi Clearing Service - Bridging information over assets.
Thank you
@Yahoo
for the coverage!
🪇Exciting News! Elastos' BeL2 wins a
@Starknet
grant to enhance Native Bitcoin lending and DeFi innovation!
We integrate Starknets Cairo programming language for Zero Knowledge Proofs, being recognised by the tech leader to continue this innovation!
Could
#Bitcoin
hit $1M?
Rob Nelson &
@sash__mit
discuss how economic shifts and government policies could fuel its rise, foreseeing a blockchain-driven era of financial independence and smart utility using
#BTC
@ElastosInfo
Layer 2 protocol, BeL2.
StarBTC team participates at
@ETHGlobal
's hackathon, building the first and only native Bitcoin lending protocol on Cairo. This does not rely on WBTC or cross-chain bridges, using BEL2’s arbitrator network and ZKPs for
#BTC
transactions. Learn more here:
Brilliant video from
@TheDreamOfReti1
showing the vision of
@ElastosInfo
and BeL2’s innovate loan DApp (link in bio) which allows you to take USDC loans out using Native Bitcoin without bridging assets as our first Native Bitcoin DeFi Demo, watch here!
@TheBitcoinConf
is right around the corner! You'll be able to find us at booth 621, a prime spot near the entrance and close to the Nakamoto Stage. We're right next to the Zen Lounge for visibility. Head of Operations
@sash__mit
will be speaking on stage on the 26th 🚀🔥
#BTC24
From 50 BTC per block in 2009,
#Bitcoin
mining rewards halved to 25 BTC in 2012, 12.5 BTC in 2016, and 6.25 BTC in 2020.
In just over 13 hours, the next
#BitcoinHalving
slashes it to 3.125
#BTC
. Today, we participate in another historic moment for the people's currency.
Secure, smart, stable. The dollar has lost at least 25% of its value in the past four years due to inflation and interest rate hikes. Learn about the global debt crises and how we fix it with BeL2.
Today, we hit a major milestone on our journey to enhance
#Bitcoin
’s capabilities with the Elastos SmartWeb. We’re excited to launch the BeL2 ZKP Block Explorer, .
Learn more in the article below, including tech updates and StarkNet grant roadmap! $ELA
Just launched: BeL2's ZKP Block Explorer!✨
Empowering you to independently verify BTC transactions, strengthening Bitcoin’s security and decentralization while expanding its utility into smart contracts!🔒⚡️
At Elastos, we're enhancing Bitcoin with groundbreaking tools for
A must read,
@ElastosInfo
PR team Infinity covers the Bretton Woods Agreement, what went wrong, and BeL2s solution to deliver a
#BTC
-backed economy so economic stability.
Trust breaking down globally starts with money manipulation. Read here👇
Working with
@AIOZNetwork
has been a great experience. We are committed to collaborating and continuing to integrate their DePin solutions into our native
#Bitcoin
DeFi infrastructure. Have a read of their success stories series below and learn what we've accomplished together!🤝
Head of Strategy
@MarkEBlairMD
talks about the value of peer-to-peer stablecoin loans via collateralised Native Bitcoin without asset bridging using BeL2 and
@ElastosInfo
, full interview here!
…
As governments inevitably print and devalue fiat currencies, Bitcoin's limited supply will gain value, leading to a new global consensus. BeL2 will establish a new Bretton Woods System, enabling the creation of a universal stablecoin backed by
#Bitcoin
.
Head of Strategy
@MarkEBlairMD
sits down with Rob Nelson to talk BeL2,
@ElastosInfo
and the rise of
#Bitcoin
applications to enable peer-to-peer lending. A must watch here👇
@sash__mit
, Head of BeL2, joins CodeStory to discuss how we are advancing Bitcoin by integrating smart contracts and DeFi, while maintaining its core decentralised security and ethos.
Listen on all streaming platforms here!
Building on
#Bitcoin
? Here is an interesting insight we recently uncovered.
Over half of ‘tech savvy’ US citizens are into
#BTC
! 63% of tech enthusiasts from the US are comfortable or even excited about $BTC.
This is an insight from a study from March 30 to April 4, 2024.
Incredible to see how most US 'tech savvy' consumers have more confidence in Bitcoin’s transaction security than in cash!
Research shows that 29% trust
#Bitcoin
the most, while 24% have more confidence in cash.
These results highlight Bitcoin’s growing credibility!
We are thrilled to partner with
@BSquaredNetwork
to deliver Native Bitcoin DeFi solutions.
Using Bitcoin for settlement and B2 for execution, our SDKs will enable B2 and Bitcoin to talk with each other, unlocking new Native Bitcoin DeFI services. Let’s make
#Bitcoin
Smart! 🤝
Thrilled to partner with
@Be_Layer2
from
@ElastosInfo
.
@Be_Layer2
is a completely decentralized clearing network service for native BTC DeFi.
We’ll be co-developing a set of tools and SDKs to help users create and manage smart contracts directly in Bitcoin – helping to unlock
With the
@TheBitcoinConf
and US elections coming up, $BTC is becoming political leverage, further opening the door to BeL2's Native Bitcoin DeFi solutions, here is a great article and insight from our Head of Growth Jon Hargreaves!
25% of the US dollar was devalued in the last 4 years. Everything is expensive because so much debt sits on top.
A
#Bitcoin
backed economy can mean goods are cheaper year by year, free markets allocate capital effectively and citizens have freedom of choice.
Join us at BeL2!
🚨🇺🇸U.S. NATIONAL DEBT HITS $35 TRILLION
Interest payments on the debt now exceed national defense spending.
Economists are divided on whether this debt poses a serious threat to economic stability or remains manageable with economic growth.
Political debates focus on
Over 120 people registered for the event “The Node Effect” organised by
@ElastosInfo
.
Elastos and BeL2 Head of Growth Jon explained the future of BeL2 Arbiter nodes and $ELA-powered opportunities secured by
#Bitcoins
hash power. Learn more here!
@danheld
Hey Dan, missed you at OrdiDenver house party, our BTC Oracle is interesting as we use a Cairo circuit to generate ZPKs down to each Satoshi
This data is then be fed into any EVM smart contract by relayers which can execute a service. BTC Oracle makes Bitcoin L2s without bridges
BeL2 enables a BTC-backed smart economy to emerge, forming a new Bretton Woods monetary system for the 21st century.
Nixon de-pegged the US dollar from Gold in 1971, leading to today's global debt crises. The next system can't allow such manipulation.
#Bitcoin
is the answer.
@MarkEBlairMD
Very few are merged mined with Bitcoin besides $ELA, let alone providing a
#BTC
oracle to turn any EVM into a
#Bitcoin
Layer2 processor.
We are very excited to be at the Bitcoin Conference as a lead sponsor, very few get this opportunity!
BeL2 strives to become a pivotal component of native Bitcoin infrastructure, transforming Bitcoin from digital gold into the cornerstone of a new global financial system. Article written by Head of Ops
@sash__mit
👇
Elastos’ BeL2 aims to revolutionize global finance using Native Bitcoin! ✨
Discover the financial revolution from the ruins of WWII to the digital age and why
#Bitcoin
might be the "digital gold" and the global reserve currency we need! 🪙
WBTC requires trusting centralized institutions to bridge and safeguard BTC backing WBTC. BeL2 provides a completely decentralized clearing network service for native BTC DeFi. No cross-chain assets, only cross-chain information to securely unlock over $1 trillion in BTC value.
Join us this Friday as we talk BeL2 progress,
#ETHDenver2024
and all the exciting developments which have been happening in the
@ElastosInfo
ecosystem recently! $BTC $ELA
🎙️Elastos Insights – X Space
#6
🎙️
Join us this Friday on our bi-weekly X Spaces! We will talk about the latest
#BeL2
developments, Destiny Calls launch, insights from
#ETHDenver2024
and more!
❓Please post any questions you have in the comments below, hash-tagging
#Elastos
❓
There’s more. Developers can now build native Bitcoin Apps with BeL2 SDKs! Users can also explore the innovative StarBTC demo DeFi app and extract value from their dormant Bitcoin with a significant premium!
Read:
Bitcoin is leading as the most trusted for life savings among the 'tech savvy' in the US! These are findings from a (BIT Index) survey completed between March 30 and April 4, 2024.
👉 58% prefer
#Bitcoin
, compared to
#Ethereum
at 14%,
#BNB
at 9%, and
#USDT
at 6%.
@ElastosInfo
’s BeL2 is offers the ability to run smartcontracts directly without any bridging using ZKP technology with $ELA relayers.
If there was a usecase that excites you the most, what would it be? $BTC
In the upcoming weeks - we will highlight more and more
#Bitcoin
Layer 2 solutions.
All these threads will be added to our spreadsheet:
🔹What project should we definitely highlight as soon as possible, anon? Let us know!
53 Years ago today the door to the now global debt crises was opened. Money used to represent Gold with an ability to trade it in, now it represents paper and the consensus to keep believing in its value. The next Bretton Woods will be blockchain-secured.
We encourage everyone to test and also make some ELA available to buy for bitcoin users, right now there is one order, anyone can add ESC-ELA and name their price on BeL2s global order book.
🎙️Elastos Insights – X Space
#4
🎙️
Join us on Friday to get an update on the latest
#BeL2
developments, an exciting discussion with our partners 👀 and let's celebrate Chinese New Year together 🎉
Please post any questions you have in the comments below hash-tagging
#Elastos
❓
Working with
@AIOZNetwork
has been a great experience. We are committed to collaborating and continuing to integrate their DePin solutions into our native
#Bitcoin
DeFi infrastructure. Have a read of their success stories series below and learn what we've accomplished together!🤝
@YarakObama11
@iost1688
There are no liquidity pools – it’s a P2P exchange, which means you can exchange “X amount of BTC” for “X amount of ELA” on two different blockchains using zero-knowledge proofs, without the need for a liquidity pool or bridging. Decentralized cross-chain order book.