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@basechaintech

19,492
Followers
326
Following
74
Media
94
Statuses

A Bitcoin Layer 2 activates the Bitcoin economy with apps & smart contracts

California, USA
Joined November 2022
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@basechaintech
Basechain
10 months
Base Tech is exploring Layer 2 solutions, unveiling smart contract capabilities for Bitcoin.
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@basechaintech
Basechain
10 months
Base Tech allows financial markets to operate without blockchain’s current limits by enabling cheaper, faster transactions, with free of native gas tokens.
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@basechaintech
Basechain
10 months
The Base Future Outlook and Adoption of Bitcoin Layer 2 Smart Contracts
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@basechaintech
Basechain
10 months
The Base Smart contract platforms on Bitcoin's layer 2 prioritize security measures to mitigate risks and vulnerabilities associated with decentralized applications and financial transactions.
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@basechaintech
Basechain
10 months
Less barriers to run a node helps achieve true decentralization. Further, the built-in DEX allows direct P2P transfers without the risk of censorship or interference.
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@basechaintech
Basechain
10 months
The Base wallet allows you to store tokens securely on desktop and mobile. Access your funds from a hardware wallet, or via private keys, anytime and from anywhere with Base.
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@basechaintech
Basechain
10 months
Base Tech: Empowering Direct Engagement with Smart Contracts
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@basechaintech
Basechain
10 months
Two-way pegging allows cryptocurrencies from various blockchains to interact on a single protocol. With inherited Bitcoin functionalities, Base Tech offers higher throughput and lower costs for all transactions.
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@basechaintech
Basechain
10 months
Base Layer: Customized Cryptos and Automated Financial Processes
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@basechaintech
Basechain
10 months
Base BigBang: Merging Ethereum's Smart Contracts with Bitcoin. Base BigBang brings smart contract capabilities to Bitcoin, merging the benefits of Ethereum's smart contracts with the security and stability of the Bitcoin network.
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@basechaintech
Basechain
10 months
Base empowers direct engagement with smart contracts, facilitating seamless transactions and interactions on the Bitcoin network.
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@basechaintech
Basechain
10 months
Dynamic Slot Allotment (DSA) consensus refines PoS and eliminates its flaws by enhancing the network security with the help of Bitcoin's blockchain.
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@basechaintech
Basechain
10 months
Base is a Bitcoin Layer2 that brings smart contract functionality to Bitcoin, without modifying Bitcoin itself. Base enables the fast, confidential settlement and issuance of digital assets on top of the Bitcoin timechain.
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@basechaintech
Basechain
10 months
Base facilitates executing complex transactions and decentralized applications on Bitcoin's layer 2, expanding the network's capabilities. Base BigBang merges Ethereum's Smart Contracts with Bitcoin
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@basechaintech
Basechain
10 months
Bitcoin's primary layer faces scalability and speed limitations, hindering its potential for smart contract execution and decentralized applications.
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@basechaintech
Basechain
10 months
bBTC is built on Base, which means it has native visibility into Bitcoin’s state through its decidable, secure smart contract language.
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@basechaintech
Basechain
10 months
A Bitcoin layer-2 solution enables the fast, confidential settlement and issuance of digital assets, such as stablecoins, security tokens, and other financial instruments. — That is Base Tech!
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@basechaintech
Basechain
10 months
Bigbang code is interpreted and committed to the chain exactly as written. With Bigbang you know for sure that given any input, the program will halt in a finite number of steps. Bigbang's design considers reentrancy an anti-feature and disallows it on the language level.
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@basechaintech
Basechain
10 months
Bigbang is a decidable smart contract language that optimizes for predictability and security, designed for the Base blockchain. Smart contracts allow developers to encode essential business logic on a blockchain.
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@basechaintech
Basechain
10 months
A Bitcoin Layer 2 activates the Bitcoin economy with apps & smart contracts — That is Base Tech
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@basechaintech
Basechain
10 months
The mission of the Base Tech project is to enable a better internet through decentralized apps. To do it, we’re expanding the Bitcoin economy and enabling more functionality as a Bitcoin layer.
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@basechaintech
Basechain
10 months
Staking Base token holders can participate in the blocksigner auction to stake tokens and become a weekly blocksigner. Run a node and collect transaction fees from the blocks you sign, by validating financial activity.
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@basechaintech
Basechain
10 months
In the previous section and we took a look at the vision. We talked a lot about it being connected to Bitcoin and how it enables expanding functionality without modifying Bitcoin itself.
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@basechaintech
Basechain
10 months
Layer 2 solutions focus on enhancing interoperability and integration with existing blockchain ecosystems, fostering seamless interaction and value transfer.
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@basechaintech
Basechain
10 months
Smart contracts on the Base Layer streamline financial automation, enabling efficient and secure execution of complex financial processes.
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@basechaintech
Basechain
10 months
The evolving regulatory landscape for smart contracts on Bitcoin's layer 2 presents opportunities and challenges for market expansion and institutional adoption.
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@basechaintech
Basechain
10 months
Base Tech supports the development of decentralized applications, fostering innovation and utility within the Bitcoin ecosystem.
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@basechaintech
Basechain
10 months
Developers can create custom cryptocurrencies with unique features and functionalities, expanding the diversity of digital assets on the Base Bitcoin Layer2 network.
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@basechaintech
Basechain
10 months
Base Tech enhances the user experience by enabling efficient and secure smart contract interactions on the Bitcoin network.
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@basechaintech
Basechain
10 months
Base BigBang facilitates the development of decentralized applications, enabling Bitcoin users to engage in DeFi, NFTs, and other innovative use cases.
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@basechaintech
Basechain
2 years
The function is an ideal way to have anonymous conversations, negotiate purchases, and make transactions, allowing a direct approach to a subject whose nationality, name, or even face is unknown to you.
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@basechaintech
Basechain
10 months
Base integration with Bitcoin enhances interoperability, allowing seamless interaction between Bitcoin and Ethereum ecosystems.
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@basechaintech
Basechain
8 months
🎉 Exciting Partnership Announcement 🚀 @BaseTech_Lab x @Playahhapp We're thrilled to share the news of our new partnership with Playahh to elevate technology solutions. Together, we aim to push boundaries and redefine what's possible. Stay tuned for groundbreaking
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@basechaintech
Basechain
2 years
Smart Contract Wallet (SCW) is one of the two wallet forms currently supported by Ethernet, while the other one is the EOA wallet (e.g Metamask) commonly used by the public. Smart contract wallet accounts are controlled by their code.
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@basechaintech
Basechain
2 years
Importantly, smart contract wallets can be compiled for exactly the same experience as EOA (e.g. only one signing key, non-upgradable), but not vice versa.
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@basechaintech
Basechain
2 years
Data Security Base is committed to data security, and our wallet to wallet chat service is designed with user privacy and data storage in mind, with information stored via a global hosting provider with servers spanning multiple regions.
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@basechaintech
Basechain
2 years
In such cases, there may be no way to contact the NFT owner, but Base Wallet-to-Wallet Chat makes it possible to chat freely with the owner as long as you have their address. Base Wallet to wallet Chat using the address of an Ethereum wallet.
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@basechaintech
Basechain
2 years
Own the interchain social data in the decentralized storage! The users own their social data stored in IPFS during and after the interchain communication.
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@basechaintech
Basechain
2 years
Lastly, when a publication is collected for the first time, a CollectNFT contract unique to that post will be implemented (again via a minimal proxy clone); this is the ERC721 NFT contract that represents collected publications.
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@basechaintech
Basechain
2 years
End-to-End Encryption Base fully protects the privacy of users, and chat messages between the addresses we provide are always encrypted as default.
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@basechaintech
Basechain
1 year
The BaseHub upgradeable contract is the core entry point for most interactions in the Base Protocol. Almost all interactions start and double as ERC721 NFT contracts and act as a contract for the profile NFT created when the profile was created.
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@basechaintech
Basechain
2 years
What is Base? Base is a web3.0 platform with smart contract wallet, that helps create a DAO community and allows users to easily and instantly message each other between wallets. Wallet to Wallet Chat
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@basechaintech
Basechain
2 years
Smart Wallet Inside! Keep your assets in the safest place. The users own their digital assets. Nobody including the project can take over their assets in Base Smart Contract Wallet.
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@basechaintech
Basechain
2 years
When creating a DAO, users can release their own Tokens to be circulated and used within the DAO, as well as initiate airdrops in the DAO.
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@basechaintech
Basechain
2 years
The Base Protocol has three layers of tokenization via ERC721 NFT. All three are ERC721 compliant and fully composable. The BaseHub upgradeable contract is the core entry point for most interactions in the Base Protocol. Almost all interactions start and double as ERC721 NFT.
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@basechaintech
Basechain
1 year
1. Publish to the profile. Publication types are Post, Comment, Quote. A comment is the standard content with a pointer to another publication. Since the annotation contains a pointer, the "reference module" logic (if any) pointing to that version is executed.
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@basechaintech
Basechain
2 years
As Etherscan can verify the NFT holdings in the wallet, and both parties may help in reducing fees and other costs associated with NFT platforms such as OpenSea. Messages can also be embedded in the ethereum transaction and delivered with words to the exchange.
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@basechaintech
Basechain
11 months
At Base Tech,Our open source, secure, and scalable Base Tech systems enable users to send and receive money more efficiently than ever before. We also offer a series of verifiable, non-custodial financial services.
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@basechaintech
Basechain
1 year
Base Protocol is able to provide unrivaled security because it's built on smart contracts. This means we can add the security features you'd expect from a great bank (such as automatically blocking fraudulent transfers) without being a custodian.
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@basechaintech
Basechain
1 year
2. Configure the "Follow Module" of the profile This logic whitelist contract determines the logic that should be executed when a wallet attempts to follow a specific profile; For example, some followers may charge the profile owner a fee through a fee-following module contract.
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@basechaintech
Basechain
10 months
Every block on Base Tech anchors to a block on Bitcoin. Using the timespace of Bitcoin, each Base Tech round lasts 1008 Bitcoin blocks, or a week. This frees Base Tech from the dependency on external sources in time validation, solving PoS-based blockchain problems.
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@basechaintech
Basechain
11 months
We leverage technologically advanced scalability to enforce network & user security, increase node inclusivity, and ensure long-term sustainability.
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@basechaintech
Basechain
10 months
The mission of the Base Tech project is to enable a better internet through decentralized apps. To do it, we’re expanding the Bitcoin economy and enabling more functionality as a Bitcoin layer.
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@basechaintech
Basechain
10 months
Store your assets, lend, borrow, and trade on a single network, with a wallet that gathers everything in your hands without giving away private keys. Enjoy better reliability and predictability provided by Turing incomplete smart contracts.
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@basechaintech
Basechain
11 months
The ML lightwallet allows you to store ML and other tokens securely on desktop and mobile. Access your funds from a hardware wallet, or via private keys, anytime and from anywhere with Base Tech.
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@basechaintech
Basechain
1 year
>> How to create and publish configuration files. Users must create a profile in the hub, for which they will receive an NFT profile with a sequential ID. This NFT controls the configuration file, therefore, its owner becomes the actual controller of the given configuration file.
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@basechaintech
Basechain
10 months
With bBTC, Bitcoin can become a fully programmable asset — opening the door to Bitcoin-powered DeFi, NFTs, and more.
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@basechaintech
Basechain
10 months
Base Tech is a Bitcoin Layer for smart contracts. It enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain.
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@basechaintech
Basechain
1 year
The protocol is built from the ground up with modularity in mind. Base Protocol is currently overseen by a multisig, which will be expanded to a broader DAO, which can develop and vote on new modules and expanded functionality.
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@basechaintech
Basechain
1 year
Additionally, the entire ecosystem benefits from every application that uses the Base Protocol, turning a zero-sum game into a collaborative one. Developers can design meaningful social experiences without resorting to feedback mechanisms to grab/lock users' attention.
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@basechaintech
Basechain
9 months
Exciting Partnership Announcement 🤝🔥 @BaseTech_Lab x @TheAGII We're thrilled to share the news of our new partnership with AGII! Base Tech and AGII are joining forces to innovate and elevate technology solutions. Together, we aim to push boundaries and redefine what's possible
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@basechaintech
Basechain
9 months
We're thrilled to announce the partnership with @alt_layer . Build on Base to discover the potential of Bitcoin Layer2 applications; Together with AltLayer to accelerate scaling for Web3.
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@basechaintech
Basechain
10 months
The adoption of smart contracts on Bitcoin's layer 2 is poised for significant growth, expanding the market for decentralized applications and financial services.
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@basechaintech
Basechain
10 months
Base Layer offers smart contract capabilities, enabling developers to build new, customized cryptocurrencies and automate complex financial processes on the Bitcoin network.
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@basechaintech
Basechain
10 months
Base Tech empowers direct engagement with smart contracts, facilitating seamless transactions and interactions on the Bitcoin network.
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@basechaintech
Basechain
7 months
🎉 Exciting Partnership Announcement 🚀 @BaseTech_Lab X @tubescommunity 🔥Tubes - The first Cross-Chain decentralized Inscription exchange built on ERC-20. Ordinals application solution provider that bring huge liquidity to the Inscription community.💰 Stay tuned for
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@basechaintech
Basechain
8 months
🎉 Exciting Partnership Announcement 🚀 @BaseTech_Lab x @biokript We're thrilled to share the news of our new partnership with Biokrip! 🤝 Base Tech and Biokrip are joining forces to innovate and elevate technology solutions. Together, we aim to push boundaries and redefine
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@basechaintech
Basechain
7 months
@BigbangBase x @colle_ai We're thrilled to share the news of our new partnership with Colle Ai 🤝 Base Tech and Colle AI are joining forces to innovate and elevate technology solutions. Together, we aim to push boundaries and redefine what's possible. Stay tuned for
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@basechaintech
Basechain
9 months
Base Tech is a layer2 protocol built on top of the Bitcoin blockchain. It aims to solve Bitcoin's scalability challenges by enabling instant and low-cost transactions. It brings smart contracts to Bitcoin, allowing users to automate and enforce the terms of their transactions.
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@basechaintech
Basechain
8 months
We're thrilled to share the news of our new partnership @BaseTech_Lab and @skyrex_io , which are joining forces to innovate and elevate technology solutions. Together, we aim to push boundaries and redefine what's possible. Stay tuned for groundbreaking collaborations ahead!
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@basechaintech
Basechain
9 months
The arguments on the topic of whether BTC layer 2 will be a hot topic in 2024. Debater A highlighted the scalability and transaction speed improvements offered by layer 2, emphasizing its potential for wider adoption.
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