B² Network @BSquaredNetwork Project Valuation on Binance TGE ❓ What is B² Network? B² Network is a Bitcoin-based Layer 2 solution aimed at expanding Bitcoin's functionality through zero-knowledge proof (ZK-Rollup) technology, enhancing transaction speed and reducing fees. Below is a detailed introduction to the project, covering its core technology, ecological positioning, token economics, and market prospects. 1⃣ Project Background and Goals Positioning: B² Network is the first ZK-Rollup Layer 2 solution to implement zero-knowledge proof verification commitments on the Bitcoin network. Its goal is to transform Bitcoin from a single payment network into a dynamic platform supporting complex smart contracts while retaining the security and decentralization features of Bitcoin Layer 1. ⚠️ Problems Addressed: Bitcoin Performance Bottleneck: Bitcoin's transaction processing speed (TPS) is low (about 7 transactions per second), with a 10-minute block interval and high transaction fees, making it difficult to support high-frequency applications. Turing Incompleteness: Bitcoin's scripting language is not Turing complete, limiting smart contract functionality and unable to directly support complex applications like DeFi and NFTs. Ecological Expansion: By introducing EVM compatibility and cross-chain functionality, B² Network attracts Ethereum ecosystem developers, expanding the application scenarios of Bitcoin assets (such as BTC and BRC-20). 📷 Vision: Through a modular architecture and ZK-Rollup technology, B² Network is committed to creating an efficient, low-cost Layer 2 network consistent with Bitcoin's security model, reigniting the "builder culture" of the Bitcoin ecosystem. 📷 2⃣ Technical Architecture B² Network adopts a modular blockchain design, combining the Bitcoin network with ZK-Rollup. The core technical features are as follows: ZK-Rollup: As the execution layer, B² Network processes transactions off-chain and generates zero-knowledge proofs (ZK-Proof), submitting verification commitments to the Bitcoin network through a challenge-response mechanism to ensure transaction security and finality. B² Hub: Connects Rollup, decentralized storage, and the Bitcoin network, responsible for the data availability (DA) layer, consensus layer, and settlement layer. B² Hub stores Rollup data in a decentralized storage protocol, aggregates data and proofs, and writes them into the Bitcoin network, reducing the burden on the mainnet. EVM Compatibility: Supports the Ethereum Virtual Machine (EVM), allowing developers to directly migrate Ethereum dApps or use familiar tools (such as MetaMask and Solidity) for development, supporting the operational habits of over 90% of crypto users. Account Abstraction: Supports Bitcoin addresses, Ethereum addresses, and email accounts, lowering the entry barrier for Web2 users and enhancing user experience. Data Availability (DA) Layer: Combines the Bitcoin network and decentralized storage to provide a high-security, low-cost data storage solution. 📷 Performance: B² Network's transaction fees are 50 times lower than Bitcoin's mainnet, and speed is 300 times faster, suitable for high-frequency, low-cost transaction scenarios. 3⃣ B² Network Project Valuation With a total token supply of 210 million $B2 Competitive Valuation Comparison: Referencing the market value of existing Bitcoin Layer 2 projects (such as Stacks and MAP Protocol). Current TVL: B² Network's TVL is $360 million, higher than Stacks (STX) and MAP Protocol TVL. Stacks (STX): FDV $1.4 billion. An established project with strong investment backing! MAP Protocol (MAP/MAPO): FDV approximately $47 million. Weaker investment backing. Very low TVL! Therefore, comprehensively, after B² Network goes live on TGE, it is estimated that the initial market value will be around $200 million. The token price will be around $0.8-1.