jakiro
Author: Sun and Moon Source: Mirror
The biggest feature of BoundceBit is the introduction of a unique dual POS pledge system, mortgage BTC tokens and Bouncebit network native currencies to ensure safety.
With the rich effect of the inscription, the market focuses on the public chain related to BTC, including the second -layer network/side chain.We know that in terms of Ethereum, ETH’s market value is 350 billion yuan, and its related Layer2, DAPP tokens and other market value have exceeded 100 billion US dollars.And with the arrival of the bull market, many ecological projects have emerged one after another, and the market value will double.
In contrast, the market value of BTC has reached trillion trillion, but the market value of related projects is only a total of dollars.This means that the overall ecological project has at least dozens of times of space, of which several billions of dollars projects will come out, countless billions of dollars of projects.
However, due to the limitations of BTC in terms of performance and smart contract support, the BTC main chain cannot assume the heavy responsibility of ecological explosion.As a result, the related network of BTC includes the two -layer/side chain and has high hopes.Therefore, after the inscription is hot, a large number of projects have emerged.After all, ETH’s two -layer network leaders have a market value of tens of billions of dollars.
Today, three protagonists have been revealed, one of which is the BONCEBIT I want to introduce.Boundcebit, created by the Boundce team, marked the first public chain focusing on the BTC pledge.
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BoundceBit Basic Introduction
The biggest feature of BoundceBit is the introduction of a unique dual POS pledge system, mortgage BTC tokens and Bouncebit network native currencies to ensure safety.The architecture of Bouncebit is completely compatible with the Ethereum virtual machine (EVM) and Solidity language, which means that a large number of ETH projects can be seamlessly migrated to the BTC ecology.
BTC’s asset security is a relatively large problem, which will directly affect the participation of large BTC households.The security of BTC is not like Ethereum’s smart contract loopholes.Mainly because BTC itself does not support smart contract functions.Many two -layer solutions are now transferred to more wallets.But essentially, the project party has the authority to directly transfer the user’s assets.Although the large project party should be trusted, the large BTC households will definitely have some concerns, which will affect the overall asset participation.BoundceBit provides a new solution that is in CEFI custody supported by Mainnet Digital and CEFFU, which is the only institutional custody partner of Binance.Ensure the security of BTC assets by using the asset management method of a centralized exchange.
At the end of January this year, Boundcebit opened the Water Margin event, similar to BLAST’s deposit model.Two networks accept deposits: Ethereum and BNB chain.On the Ethereum network, the supporting tokens include WBTC, Auction, Mubi, and DAII.To this day, TVL has 450 million US dollars.
BTC RESTAKE mechanism
The core innovation of BoundceBit is the BTC Restake mechanism. In short, assets on the Bouncebit chain can be divided into triple
In the field of blockchain, Boundcebit introduced an innovative technology, the BTC RESTAKE mechanism, which opened a new path for the value -added of Bitcoin assets.This mechanism covers three levels of asset management, providing a multi -dimensional benefit ecosystem for Bitcoin holders.
First of all, what we see is the basic layer of Bitcoin assets.Here, the Bitcoin itself and the BTCB and WBTC tokens on BNBCHAIN can be stored in the Central Financial (CEFI) hosting services supported by Mainnet Digital and CEFFU.The Mirror X technology provided by CEFFU ensures the tracing capacity of assets and regular financial audits to maintain the integrity and trust of the system.
Secondly, the hosted Bitcoin can be converted into a package version on the Boundcebit chain.Here, Bitcoin has become the so -called BounceBTC. These BoundcebTCs can be entrusted to the node operator of the network in exchange for STBTC vouchers, or directly used for various applications.
The third level is the re -pledge of STBTC.Users can pledge STBTC to other SSCs, such as side chains, bridges and prophecy machines, or directly used in ecological applications.The Bounterbit chain and Ethereum virtual machine (EVM) and Solidity programming language are completely compatible, enabling developers to easily migrate their projects to this new ecosystem.
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Triple return
According to the above description, we can realize that the Bounterbit is the income of CEFI and DEFI.Users can use LSD to use LSD for BTC pledge and chain mining while earning CEFI income.The node operation award of BTC on the BounceBit chain and the opportunity income of participating in the chain application and the Boundce Launchpad.
Double POS mechanism
Boundcebit also uses a unique dual POS (equity certificate) mechanism, emphasizing the importance of Bitcoin asset -driven infrastructure.Different from the existing second -layer solution, BounceBit, as an independent POS first -layer network, protects network security through the verifier mortgage Bitcoin and Bouncebit’s native currency.This dual token POS architecture not only increases the security of the network, but also increases the participation of the participants.
The POS architecture of BoundceBit contains 50 verifications, which is divided into two parts on average: one for BTC pledges and the other for BounceBit tokens.This dual -promoter system not only expands the foundation of the stakeholders, but also weaves an additional layer of elasticity and security in the consensus structure of the network.Establishing a dual -profile security system not only enhances the network, but also enhances the inherent value of BTC by enhancing the active role of network verification and income generation.
>Bouncebox
BoundceBox is a web3 domain on the chain. Boundcebox acts as the central hub, allowing users to choose various tools and components from the Bouncebit App Store to customize the web3 project according to their specific needs.Users can design, start, and enjoy decentralized applications (DAPP) in the BTC ecosystem.
Boundcebox includes comprehensive reservoirs for Web3 components such as decentralized exchanges (DEX), initial DEX products (IDOs), and markets. All components are reviewed by safety and efficiency.In addition, it also includes auxiliary tools for robot prevention, artificial intelligence for customer service, and necessary security plug -ins.
