BeL2 will allow more sophisticated bitcoin transactions than the base Bitcoin blockchain, including smart contracts and irreversible digital agreements, Elastos developers told CoinDesk. The smart contracts can be defined, managed, tracked and modified wholly on Bitcoin without needing an intermediary.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.coindesk.com/tech/2023/12/19/elastos-looks-to-capture-btc-staking-demand-with-bitcoin-layer-2-offering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- agreements
- allow
- an
- and
- base
- BE
- Bitcoin
- Bitcoin Blockchain
- bitcoin transactions
- blockchain
- BTC
- CAN
- capture
- Coindesk
- contracts
- defined
- Demand
- developers
- digital
- HTTPS
- images
- Including
- intermediary
- jpg
- layer
- Layer 2
- LOOKS
- managed
- modified
- more
- needing
- offering
- on
- plato
- Plato Data Intelligence
- PlatoData
- smart
- Smart Contracts
- sophisticated
- Staking
- than
- The
- to
- told
- Transactions
- wholly
- will
- with
- without
- zephyrnet
More from CoinDesk
Web3 Gaming Studio Mythical Games Lays Off 10% of Its Employees
Source Node: 1735258
Time Stamp: Nov 4, 2022
The Problem Tornado Cash Raises About Base Layer Censorship on Ethereum
Source Node: 1701580
Time Stamp: Sep 28, 2022
Market Wrap: Bitcoin Pushes Higher Despite Negative GDP Report
Source Node: 1601034
Time Stamp: Jul 28, 2022
2023: A Critical Juncture for the Global Stablecoin Market
Source Node: 1928187
Time Stamp: Dec 21, 2023
DeFiance Capital’s Arthur Cheong Is Raising Money for a New Fund: Sources
Source Node: 1714033
Time Stamp: Sep 30, 2022
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
Source Node: 1846714
Time Stamp: Jun 11, 2023
Grayscale Bitcoin Trust Could See $2.7B of Outflows if ETF Conversion Is Approved: JPMorgan
Source Node: 1917047
Time Stamp: Nov 24, 2023
‘Wall Street’ Doesn’t Need Bitcoin; Bitcoin Doesn’t Need ‘Wall Street’
Source Node: 1660349
Time Stamp: Sep 11, 2022
Back to Square One? Circle’s USDC Market Cap Drops Below $50B for First Time Since Terra’s Collapse
Source Node: 1720877
Time Stamp: Oct 10, 2022
CoinSwitch CEO, in Wake of Searches by Indian Authorities, Says the Crypto Exchange Is 'Fully Cooperating'
Source Node: 1641188
Time Stamp: Aug 27, 2022
Solana Blockchain SOL Token Doubles From FTX-Crash-Induced Lows, but Will It Continue to Rebound?
Source Node: 1789575
Time Stamp: Jan 19, 2023