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B2 Network Brings DeFi to Bitcoin via Bitget Wallet

February 28, 2024
in Crypto Updates
Reading Time: 8 mins read
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Bitget
Pockets, Asia’s largest non-custodial Web3 pockets, has introduced a brand new
partnership with Bitcoin Layer 2 firm B2 Community. The collaboration will
give Bitget Pockets’s over 15 million world customers entry to B2 Community’s cross-chain
transactions straight by way of Bitget’s cellular and browser-based functions.

By
integrating sensible contracts into the Bitcoin community, B2 Community serves as a
platform for pioneering DeFi, NFT, derivatives, and different functions whereas
leveraging Bitcoin’s huge $1.1 trillion market capitalization. As an
EVM-compatible Bitcoin Layer 2 resolution constructed on zero-knowledge proofs, B2
Community enhances transaction speeds and expands software potentialities
with out compromising safety.

Particularly,
the partnership permits Bitget customers to seamlessly conduct cross-chain
transactions of BTC belongings by way of B2 Community at quicker speeds and decrease prices than
transacting straight on the Bitcoin
Bitcoin

Whereas some should be questioning what’s Bitcoin, who created Bitcoin, or how does Bitcoin work, one factor is for certain: Bitcoin has modified the world.Nobody can stay detached to this revolutionary, decentralized, digital asset nor to its blockchain expertise.In truth, we’ve gone a great distance ever since a Florida resident Laszlo Hanyecz made BTC’s first official business transaction with an actual firm by buying and selling 10,000 Bitcoins for two pizzas at his native Papa John’s.One might now argue that

Whereas some should be questioning what’s Bitcoin, who created Bitcoin, or how does Bitcoin work, one factor is for certain: Bitcoin has modified the world.Nobody can stay detached to this revolutionary, decentralized, digital asset nor to its blockchain expertise.In truth, we’ve gone a great distance ever since a Florida resident Laszlo Hanyecz made BTC’s first official business transaction with an actual firm by buying and selling 10,000 Bitcoins for two pizzas at his native Papa John’s.One might now argue that
Learn this Time period
blockchain. Customers may also take part in
B2 Community’s airdrop applications by way of their Bitget Pockets connection.

“We
hold partaking in Bitcoin ecosystem improvement, assist and collaborate with
Bitcoin protocols and Layer 2 networks, offering customers with new belongings and
alternatives,” Alvin Kan, the COO of Bitget Pockets, commented on the
partnership.

Preserve Studying

Meet the B² Community Booming Ecosystem! 🤩

🔸 80+ ecosystem initiatives🔸 18 classes

It is nonetheless early, and we warmly welcome extra companions on board! Because of all companions for constructing the ecosystem collectively! pic.twitter.com/NZt2Dcgkud

— B² Community | BTC Layer2 (@BSquaredNetwork) February 11, 2024

Bitget’s Current Updates

The
collaboration represents Bitget’s ongoing efforts to systematically increase
assist for the broader Bitcoin ecosystem inside its pockets platform. Lately,
Bitget built-in over 20 different Bitcoin initiatives, added assist for BRC20 and
ARC20 transaction codecs, upgraded its Launchpad to allow BRC20 token
choices, and linked to the Bitcoin Lightning Community
Lightning Community

The Lightning Community is a second-layer fee protocol that operates on prime of a blockchain-based cryptocurrency. It permits quick transactions amongst collaborating nodes and has been touted as an answer to the Bitcoin scalability drawback.This framework contains a peer-to-peer (P2P) system for making micropayments of cryptocurrency by way of a community of bidirectional fee channels with out delegating custody of funds.Transactions on the Lightning Community are solely added to the blockchain when the t

The Lightning Community is a second-layer fee protocol that operates on prime of a blockchain-based cryptocurrency. It permits quick transactions amongst collaborating nodes and has been touted as an answer to the Bitcoin scalability drawback.This framework contains a peer-to-peer (P2P) system for making micropayments of cryptocurrency by way of a community of bidirectional fee channels with out delegating custody of funds.Transactions on the Lightning Community are solely added to the blockchain when the t
Learn this Time period
.

With strong
connectivity throughout lots of of decentralized exchanges and cross-chain
bridges, Bitget Pockets gives entry to swaps, market information, and different
options throughout greater than 100 totally different blockchains.

In early February,
the corporate appointed a brand new Chief Working Officer, Alvin Kan, to spice up
world enlargement plans.

Final month, Bitget enhanced its platform’s pockets safety by implementing Multi-Occasion Computation expertise. This development makes use of distributed computing, homomorphic encryption, and Trusted Execution Environments to bolster pockets safety. Moreover, the Web3 cryptocurrency pockets launched a brand new “Good Cash” performance, leveraging synthetic intelligence to observe exercise from 6,000 “crypto whales” throughout Ethereum and Bitcoin networks. This characteristic goals to unearth potential buying and selling alternatives.

As well as, Bitget has outlined a complete method specializing in enhancing product improvement, analysis, and funding efforts. This technique goals to offer its customers with refined buying and selling choices and an improved asset administration expertise within the Bitcoin area.

Bitget
Pockets, Asia’s largest non-custodial Web3 pockets, has introduced a brand new
partnership with Bitcoin Layer 2 firm B2 Community. The collaboration will
give Bitget Pockets’s over 15 million world customers entry to B2 Community’s cross-chain
transactions straight by way of Bitget’s cellular and browser-based functions.

By
integrating sensible contracts into the Bitcoin community, B2 Community serves as a
platform for pioneering DeFi, NFT, derivatives, and different functions whereas
leveraging Bitcoin’s huge $1.1 trillion market capitalization. As an
EVM-compatible Bitcoin Layer 2 resolution constructed on zero-knowledge proofs, B2
Community enhances transaction speeds and expands software potentialities
with out compromising safety.

Particularly,
the partnership permits Bitget customers to seamlessly conduct cross-chain
transactions of BTC belongings by way of B2 Community at quicker speeds and decrease prices than
transacting straight on the Bitcoin
Bitcoin

Whereas some should be questioning what’s Bitcoin, who created Bitcoin, or how does Bitcoin work, one factor is for certain: Bitcoin has modified the world.Nobody can stay detached to this revolutionary, decentralized, digital asset nor to its blockchain expertise.In truth, we’ve gone a great distance ever since a Florida resident Laszlo Hanyecz made BTC’s first official business transaction with an actual firm by buying and selling 10,000 Bitcoins for two pizzas at his native Papa John’s.One might now argue that

Whereas some should be questioning what’s Bitcoin, who created Bitcoin, or how does Bitcoin work, one factor is for certain: Bitcoin has modified the world.Nobody can stay detached to this revolutionary, decentralized, digital asset nor to its blockchain expertise.In truth, we’ve gone a great distance ever since a Florida resident Laszlo Hanyecz made BTC’s first official business transaction with an actual firm by buying and selling 10,000 Bitcoins for two pizzas at his native Papa John’s.One might now argue that
Learn this Time period
blockchain. Customers may also take part in
B2 Community’s airdrop applications by way of their Bitget Pockets connection.

“We
hold partaking in Bitcoin ecosystem improvement, assist and collaborate with
Bitcoin protocols and Layer 2 networks, offering customers with new belongings and
alternatives,” Alvin Kan, the COO of Bitget Pockets, commented on the
partnership.

Preserve Studying

Meet the B² Community Booming Ecosystem! 🤩

🔸 80+ ecosystem initiatives🔸 18 classes

It is nonetheless early, and we warmly welcome extra companions on board! Because of all companions for constructing the ecosystem collectively! pic.twitter.com/NZt2Dcgkud

— B² Community | BTC Layer2 (@BSquaredNetwork) February 11, 2024

Bitget’s Current Updates

The
collaboration represents Bitget’s ongoing efforts to systematically increase
assist for the broader Bitcoin ecosystem inside its pockets platform. Lately,
Bitget built-in over 20 different Bitcoin initiatives, added assist for BRC20 and
ARC20 transaction codecs, upgraded its Launchpad to allow BRC20 token
choices, and linked to the Bitcoin Lightning Community
Lightning Community

The Lightning Community is a second-layer fee protocol that operates on prime of a blockchain-based cryptocurrency. It permits quick transactions amongst collaborating nodes and has been touted as an answer to the Bitcoin scalability drawback.This framework contains a peer-to-peer (P2P) system for making micropayments of cryptocurrency by way of a community of bidirectional fee channels with out delegating custody of funds.Transactions on the Lightning Community are solely added to the blockchain when the t

The Lightning Community is a second-layer fee protocol that operates on prime of a blockchain-based cryptocurrency. It permits quick transactions amongst collaborating nodes and has been touted as an answer to the Bitcoin scalability drawback.This framework contains a peer-to-peer (P2P) system for making micropayments of cryptocurrency by way of a community of bidirectional fee channels with out delegating custody of funds.Transactions on the Lightning Community are solely added to the blockchain when the t
Learn this Time period
.

With strong
connectivity throughout lots of of decentralized exchanges and cross-chain
bridges, Bitget Pockets gives entry to swaps, market information, and different
options throughout greater than 100 totally different blockchains.

In early February,
the corporate appointed a brand new Chief Working Officer, Alvin Kan, to spice up
world enlargement plans.

Final month, Bitget enhanced its platform’s pockets safety by implementing Multi-Occasion Computation expertise. This development makes use of distributed computing, homomorphic encryption, and Trusted Execution Environments to bolster pockets safety. Moreover, the Web3 cryptocurrency pockets launched a brand new “Good Cash” performance, leveraging synthetic intelligence to observe exercise from 6,000 “crypto whales” throughout Ethereum and Bitcoin networks. This characteristic goals to unearth potential buying and selling alternatives.

As well as, Bitget has outlined a complete method specializing in enhancing product improvement, analysis, and funding efforts. This technique goals to offer its customers with refined buying and selling choices and an improved asset administration expertise within the Bitcoin area.





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Tags: BitcoinBitgetBringsDeFiNetworkWallet
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