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Protocol Village: GOAT Network, Bitcoin L2 Using Decentralized Sequencer and BitVM2, Publishes Economic Model in Beigepaper

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Release: 2024-08-16 00:17:13
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GOAT Network, describing itself as the "first Bitcoin layer 2 to share network ownership," published their economics beigepaper detailing their economics and solution to sustainable BTC yield.

Protocol Village: GOAT Network, Bitcoin L2 Using Decentralized Sequencer and BitVM2, Publishes Economic Model in Beigepaper

August 15 updates from Protocol Village: GOAT Network, describing itself as the "first Bitcoin layer 2 to share network ownership," published their economics beigepaper detailing their economics and solution to sustainable BTC yield. Solana restaking protocol Solayer has launched its mainnet. Wormhole, a blockchain interoperability platform powering multichain bridges and applications, released its updated roadmap on Wednesday. Cronos Labs has launched Cronos zkEVM, a layer-2 chain built on Ethereum, on the "Alpha" mainnet. Burnt Banksy's XION, a Proof-of-Stake network, introduced XION Foundation and XION token. Ham Chain, a layer-3 network atop Base, which is Coinbase's layer-2 network atop Ethereum, has launched Hamcaster, described as a "SocialFi application built on top of Farcaster and the Ham ecosystem." Holonym Foundation, developer of the privacy-preserving identity protocol Zeronym, has raised $5.5M in seed funding. Cyber, an Ethereum layer-2 network for social apps, has launched CyberDAO with a unique dual-token governance model. Offchain Labs, the team of initial core developers behind the layer-2 blockchain ecosystem Arbitrum and Ethereum consensus client Prysm, announced the launch of Tandem, the first Offchain Labs partner studio. Modular smart account specialist Rhinestone has raised $5M in a seed round. Pyth Network, a blockchain oracle project, said it will begin supplying its "high-fidelity, real-time prices" to the TON blockchain, which is affiliated with the Telegram instant-messaging app. Rebar Labs announces Rebar Shield for "MEV-protected Bitcoin transactions." Provider of zero-knowledge solutions Nebra introduced the Universal Proof Aggregation (UPA) protocol for ZK proofs.

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