This layer 2 solution is built on Bitcoin using a zk-rollup approach.
Their native token $B2 is already confirmed.
Additionally, they currently have three ongoing campaigns.
Here is a thread guide on how to get involved 🧵 👇
@BSquaredNetwork 🍥 Intro:
B² Network is a modular Bitcoin Layer2 solution.
It introduces B² Rollup, the first Bitcoin rollup based on verification commitment, and B² Hub, the first Bitcoin Data Availability (DA) layer that achieves finality on the Bitcoin network.
Here is the architecture👇
@BSquaredNetwork 🟧 In short, the architecture comprises 2 fundamental layers:
- Rollup Layer
- Data Availability Layer.
The Layer 2 is currently live on Mainnet.
Additionally, they secured funding in their seed round from investors such as Kucoin & OKX Ventures, HashKey Capital, among others.
@BSquaredNetwork B² Network's Data Availability (DA) Layer functions as both the storage and validator layer.
@BSquaredNetwork For B2 Buzz, you can join various DeFi Events:
In this campaign, users can deposit assets from various EVM chains. By doing so, users receive certain components that can be used to assemble Mining Rigs.
You can complete tasks, claim NFTs, and get the airdrop.
⏰ Time taken: 10 Minutes
💰 Cost: $0
U2U Network is a DAG (Directed Acyclic Graph) based and Ethereum Virtual Machine compatible chain that leverages subnet technology for infinite scalability and focuses on DePIN.
🧵 A thread
1/
💰 They have raised almost $10M in funding rounds.
The valuation is unknown.
As this is on testnet, no funds are needed, so it might be worth a try.
2/
The tokenomics aren't official yet, but according to a leak on their Telegram, almost 200M tokens are allocated for the community airdrop.
This consists of 2% of the total supply and will be 100% unlocked at TGE.