There is a detailed participation tutorial at the end and a step-by-step guide to earning tokens 👀
1/ What is @ArchNtwrk?
Arch is a bridge-free parallel execution layer designed to enhance the smart contract capabilities of Bitcoin's native Layer 1. It brings fast, secure, and verifiable programmatic trading through the Arch Virtual Machine (VM), decentralized PoS verification network, and efficient execution environment.
Goal? Address the pain points of poor UX in the Bitcoin ecosystem, fragmented liquidity, and slow transactions.
2/ Technical architecture analysis 🔍
Arch VM: Designed specifically for Bitcoin, supporting complex program execution while retaining BTC's security.
PoS verification network: Decentralized verification ensures transaction credibility and avoids the centralized risks of traditional bridging.
No bridging design: Users trade directly from their BTC wallets, funds do not need to cross chains, and liquidity is not fragmented.
This architecture allows Arch to find a balance between speed (sub-second execution) and security while supporting developers to choose whether to settle directly on BTC or accelerate through Arch.
3/ Core issues addressed 💡
The Bitcoin Runes ecosystem faces issues like slow transactions, low liquidity, and lack of L1 AMM. Arch optimizes order book efficiency by providing smart contract-like capabilities on Layer 1, and may support L1 AMM in the future, promoting the scaling of BTC DeFi. Testnet performance indicates it is likely to significantly enhance the trading experience.
4/ Recent progress and market feedback
Funding: Arch has completed $13 million Series A financing, led by Pantera Capital, with participation from Multicoin Capital, achieving a valuation of $200 million. The funds will be used for the mainnet launch in May. 📷
Testnet: Currently in testnet4 phase, developers can participate at zero cost, accumulate XP incentives, and community feedback is positive.
Technical iteration: VP of Engineering @brianchoffman publicly discusses the trade-offs from testnet3 to 4, showing the team's focus on performance optimization.
5/ Market positioning and competition ⚔️
Arch directly competes with Bitcoin Layer 2 solutions (such as Lightning Network) and cross-chain bridging protocols, emphasizing the 'no bridge' advantage to avoid liquidity fragmentation and security issues. Compared to smart contract chains like Ethereum, Arch focuses on the BTC ecosystem, with precise positioning, but needs to prove the decentralization level and long-term stability of its PoS network.
6/ Potential impacts and challenges ⚖️
Pros: Arch may reshape BTC DeFi, attract more developers, and unlock Bitcoin's financial potential as an asset.
Challenges: Acceptance of Layer 1 expansion by the Bitcoin community, controversies around the PoS mechanism, and the real-world performance after mainnet launch are still to be tested. Regulatory risks (especially related to DeFi) cannot be ignored.
7/ Why is it worth paying attention to? 👀
Arch is not only a technological innovation but also a practitioner of the Bitcoin economic vision. It aims to evolve BTC from 'value storage' to 'programmable financial asset'. The mainnet launch in May will be a key milestone, and it is recommended that developers and investors closely track the testnet progress and community dynamics.
8/ 📖 Detailed participation methods:
1. Open the Arch task interface, link your BTC wallet (both @unisat_wallet and @wallet can be used)
Link: https://dashboard.arch.network?referralCode=68bee443-4de3-4884-9d6a-56e235c69b8b
2. Click to complete social tasks
3. Testnet interaction experience, first lead water
The lead water link is inconvenient to send here; you can check my Twitter for it.
4. Interact @Saturn_btc, experience testing network swap runes and mint runes
Interactions here can easily fail, so you can try multiple times or adjust slippage and mint other runes.
5. Use the just minted and swapped runes to create pools
Currently, interactions can only yield ORE crystals by swapping Saturn, so step five can be interacted with once a day.
Data is updated once a day.
This is the detailed tutorial from @ArchNtwrk. If you want to earn tokens without fees, leave a message in the comments.
