Written by: Xiaobai Navigation Coderworld

As the Fomo sentiment of Bitcoin inscriptions becomes more and more popular, problems such as high Bitcoin network fees and slow settlement speeds are becoming increasingly prominent.

The narrative of the crypto world is like a cycle. Many years ago, there was a big discussion surrounding Bitcoin performance issues, and various expansion plans emerged at that time.

Solutions such as increasing block space, side chains, and lightning networks have gradually surfaced and have remained lukewarm.

But now, with the rigid demand for inscription transactions, the market has once again awakened the desire for Bitcoin expansion; related solutions have the potential to become the focus of the narrative again.

Among them, Layer 2 based on BTC (L2) began to emerge.

The most obvious trend is the rapid influx of funds. L2 The projects also benefited from the project. For example, the old Bitcoin L2 projects such as STX and Rif increased by 93.6% and 38.7% respectively in the past week.

mostexchangeThe Bitcoin L2 project has been discovered by the market. Are there any earlier Alphas worth paying attention to?

This article will delve deeper into the Bitcoin L2 ecosystem and provide two other relatively less frequently mentioned projects: Tectum and BEVM.

1.Tectum: a bill transfer system independent of BTC

Tectum Softnote is a BTC layer 2 scaling solution that provides instant, freecryptocurrencytransfer.

How does Tectum achieve these functions?

Before understanding Tecum Softnote, you must first understand Tecum.

Tectum is a complete set of distributed ledger protocols, and its ecosystem includes Tectum Blockchain, Tectum Wallet, Tectum Token (TET), Tectum SoftNote and 3FA identity authentication application.

Tectum Blockchain uses a proprietary record change signature management algorithm - HashDrive. This algorithm can achieve a transaction speed of more than 1 million times per second and provide cross-borderBlockchainInstant event status delivery and ownership updates across the network, as well as distributed access levels to functional system modules.

In simple terms, the algorithm enables fast transaction speeds andBlockchainA hierarchical structure is adopted to store raw data in the lower levels, thus achieving highSafetyBalance of performance and high speed.

This structure makes Tectum a Bitcoin-likeBlockchainThe overlay network solution avoids the congestion and high cost of the native network. Based on this technology, Softnote was born.

Softnote is a Tetum-basedBlockchainA new tool that allows for fast transactions and does not incur any fees.Xiaobai Navigationte's tutorial to understand how it works:

• Create Softnote wallet——Tectum generated using Bitcoin nodeswallet.

• Minting SoftNote Bills - Minter (Mt) spends TET to mint SoftNote bills. Each bill is assigned a unique serial number. Currently, SoftNote can only be minted using the Tectum Softnote platform.

• 填充流动性——流动性提供者 (LP) 将 BTC/Crypto 转移到他们想要填充的 SoftNote 账单的 BTC/Crypto 钱包中。

• Issued into circulation - Liquidity providers sell the SoftNote notes in their hands to end users at different agreed face values.

• Revenue generation – End users use bills to make purchases and if used for transactions, the recipient needs to pay a fee of up to 1%.

User-to-user transfers can be done via email and are not recorded on the Bitcoin blockchain. Therefore, SoftNote enables zero-fee, instant transactions with complete privacy.

Therefore, in essence, Tectum SoftNote creates another kind of "billing credential" outside the BTC network, and users transfer and trade with each other based on the billing credential.

• TectumTokeneconomy

Among them, Tectum (TET)TokenIt is the native token of the project. As mentioned above, it has the function of minting Softnote. In addition, it can also reduce the handling fees charged to merchants receiving notes, access to other Tectum products, etc.

The total supply of TET tokens is fixed at 10 million, of which 15% is used for private sales, 20% is used for staking and nodes, 10% is used for liquidity market making, and 10% is used for marketing.

2.BEVM: EVM-compatible L2 on Bitcoin

BEVM It is the first fully decentralized EVM compatible with Bitcoin L2, supporting wallets such as Metamask, development frameworks such as Truffle/Hardhat, and the Solidity programming language.

At the same time, BEVM uses BTC as GAS, and all applications on Layer2 will use BTC as Gas; most importantly, BEVM is fully compatible with EVM, and applications such as DeFi and GameFi that can run in the EVM ecosystem can be seamlessly migrated to Bitcoin Layer2. In the future, BEVM will also be compatible with more non-EVM Layer1 networks. This will expand BTC and BTC chain assets to any chain, and maximize the expansion of the Bitcoin ecosystem.

Currently, the BEVM ecosystem includes:

1,BEVM BLOCKCHAIN EXPLORER : BEVM official browser, used to browse on-chain data.

2,BSWAP: A BTC-EVM DEX based on BEVM. Allows users to exchange with BRC20 and ERC20.

3.BITBOX : A professional and comprehensive Ordinals inscription service platform.

BEVM has not yet launched a token, but officials have hinted that an airdrop will be held in the near future.

Therefore, trying the following methods may give you a higher chance of receiving an airdrop:

1. Interact with BSWAP: As mentioned earlier, BSWAP is a DEX built on the BEVM network, where users can trade tokens and participate in LP.

Currently, there are various asset pools paired with BTC on BSWAP, most of which are inscribed assets, such as Ordi and Sats.

2. Complete the official Zealy Various tasks posted, such as following their social media accounts, joiningCommunityetc., and head to the official Discord to get new characters.

3. Purchase the official white paper NFT InscriptionCurrently, the BEVM white paper has been made into an NFT inscription and exists on the BTC network. There are 10,000 of them. Purchasing this inscription may increase the probability of being airdropped.

In general, BEVM introduces BTC directly into the mature EVM in a decentralized manner, thereby reducing the difficulty of expanding the Bitcoin ecosystem; while Tectum uses another bill system to solve the problem of high BTC transfer fees.

Although these designs may not seem so "orthodox", they bring a brand new experience to developers and users, and allow developers who were originally in EVM or users who have no knowledge of BTC to seamlessly enter the BTC ecosystem.

The market will ultimately give the answer to how to choose between "orthodoxy" and "experience".

The article comes from the Internet:The inscription craze gave birth to the BTC L2 narrative. What other projects have not yet been discovered?

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