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What Is A Bitcoin Layer 2?
Definition
A Bitcoin Layer 2 refers to any off-chain network, system, or technology built on top of the Bitcoin blockchain to enhance its capabilities. These solutions are designed to address Bitcoin’s scalability issues, such as high transaction fees and network congestion.
Since its creation in 2008, Bitcoin has become the leader in the cryptocurrency space, both as the first decentralized digital currency and as the largest by market capitalization. However, Bitcoin's network is limited in it
A Bitcoin Layer 2 refers to any off-chain network, system, or technology built on top of the Bitcoin blockchain to enhance its capabilities. These solutions are designed to address Bitcoin’s scalability issues, such as high transaction fees and network congestion.
Since its creation in 2008, Bitcoin has become the leader in the cryptocurrency space, both as the first decentralized digital currency and as the largest by market capitalization. However, Bitcoin's network is limited in it
Bitcoin Layer-2 solution “Goat Network” will enable users to stake $DOGE , $BTC and earn crypto.
Do you guys realize how massive @GOATRollup project goals are? 😶
Check it 👇👇
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What is Goat Network?
GOAT Network is a Layer 2 scaling solution for Bitcoin, utilizing ZKM’s Entangled Rollup technology to aggregate transactions off-chain and validate them on Bitcoin’s Layer 1 with zero-knowledge proofs (ZKPs).
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Goat Network Offers
🔹 Faster Transactions & Lower Fees
🔹Enhanced Security: Transactions inherit Bitcoin’s security through ZKPs, reinforced by the Optimistic Challenge Process (OCP).
🔹Decentralization: The network uses a decentralized sequencer model, meaning that network control and revenue are distributed among the participants.
🔹EVM Compatibility: GOAT supports the Ethereum Virtual Machine (EVM), enabling smart contract functionality.
Additionally, GOAT Network aims to become a Universal Layer 2 by integrating with Ethereum, Cosmos, and Polkadot.
Mainnet Launch is expected in Q1 2025.
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Goat Network Architecture
< Check the graphic>
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Backers
#OKXVentures , Crypto.com, Leland Venture, #Amber , P2 Ventures, WaterdripCaiptal, DFG, JSquare, Contribution Capital,TRGC, Sharding Capital.
Partners
Bima , GOATSwap, Palmera_dao, Free Protocol, BitPerp, DIA (@DIA | Cross-Chain Oracles for Web3 ), Ormi Labs, Burve Protocol, WeaveVM, Avalon Labs, @symbiosis_fi, ZKM, Metis, Hercules
Do you guys realize how massive @GOATRollup project goals are? 😶
Check it 👇👇
-----------
What is Goat Network?
GOAT Network is a Layer 2 scaling solution for Bitcoin, utilizing ZKM’s Entangled Rollup technology to aggregate transactions off-chain and validate them on Bitcoin’s Layer 1 with zero-knowledge proofs (ZKPs).
-----------
Goat Network Offers
🔹 Faster Transactions & Lower Fees
🔹Enhanced Security: Transactions inherit Bitcoin’s security through ZKPs, reinforced by the Optimistic Challenge Process (OCP).
🔹Decentralization: The network uses a decentralized sequencer model, meaning that network control and revenue are distributed among the participants.
🔹EVM Compatibility: GOAT supports the Ethereum Virtual Machine (EVM), enabling smart contract functionality.
Additionally, GOAT Network aims to become a Universal Layer 2 by integrating with Ethereum, Cosmos, and Polkadot.
Mainnet Launch is expected in Q1 2025.
-----------
Goat Network Architecture
< Check the graphic>
-----------
Backers
#OKXVentures , Crypto.com, Leland Venture, #Amber , P2 Ventures, WaterdripCaiptal, DFG, JSquare, Contribution Capital,TRGC, Sharding Capital.
Partners
Bima , GOATSwap, Palmera_dao, Free Protocol, BitPerp, DIA (@DIA | Cross-Chain Oracles for Web3 ), Ormi Labs, Burve Protocol, WeaveVM, Avalon Labs, @symbiosis_fi, ZKM, Metis, Hercules
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