Sasha Mitchell is Head of Operations at BeL2. Think about if Bitcoin might speak to different blockchains, make offers, execute contracts, and develop its affect with out ever compromising its integrity. That is BeL2, the Bitcoin Elastos Layer 2 Protocol.
Why it is best to pay attention
BeL2 transforms EVM-compatible blockchains into Bitcoin Layer 2s, with out bridging BTC. It makes use of a safe ZKP information feed, enhancing Bitcoin’s utility from a retailer of worth to a foundational layer for BTC-powered purposes.
BeL2 permits sensible contracts to speak with Bitcoin, using a specialised proof and relayer mechanism. This enables providers to attach into the Bitcoin community and its liquidity.
ELA, is Elastos’ Layer 2 coin merged-mined with Bitcoin since 2018 with over 50% of Bitcoin’s miners safety. It has a complete provide of 28.22 million cash by 2105 and present circulation of 21.three million. Inside BeL2, ELA is crucial, serving as collateral for Relayers, powering belief and stability. Stake ELA, earn BTC contributes to community safety, empowering holders to form Bitcoins sensible economic system.
Elacity’s Decentralised Digital Rights Administration (dDRM) protocol eliminates license servers utilizing blockchain expertise and edge computing, delivering safe enterprise fashions to Web3.
Elacity dDRM transforms digital rights and asset administration in Web3. It addresses key challenges in Digital Rights Administration (DRM), resembling packaging, transparency, and safe playback, by using blockchain and peer-to-peer (P2P) applied sciences. By providing a decentralised, scalable networking answer, Elacity permits a digital asset market which options strong IP safety and scarce, tradable entry, possession and distribution rights. Elacity delivers decentralised enterprise fashions, immediate royalties, and inclusive economics to homeowners in Web3, automating contractual challenges, optimising useful resource sharing, and enabling equitable management and monetisation of digital property by a democratised on-line Entry Financial system.
Supporting hyperlinks
When you loved the present please subscribe to the Crypto Dialog and provides us a 5-star score and a constructive evaluation in no matter podcast app you might be utilizing.
Andy Pickering Andy Pickering Read More
