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OKX Ventures invests in EVM-compatible Bitcoin second-layer network B² Network

OKX Ventures announced investment in B² Network. B² Network is the first Bitcoin layer 2 network that uses ZK Rollup and on-chain logical gate commitment verification mechanism, and is compatible with EVM, making it very friendly for developers. While solving the scalability problem of Bitcoin, B² Network retains the core principles of decentralization, trustless operation, and transparent ledger, aiming to expand the practicality and influence of Bitcoin and its emerging derivative assets in Web3. Dora, the founder of OKX Ventures, expressed her pleasure in participating in the investment of B² Network. The Bitcoin ecosystem has exploded this year, but the diversity of applications in the Bitcoin ecosystem has always been limited by its Turing incompleteness, transaction costs, and network congestion. B² Network is compatible with EVM, which solves the scalability problem of Bitcoin while bringing diversity to the Bitcoin ecosystem. It realizes interoperability between Ethereum and Bitcoin on-chain application development, and will achieve the prosperity of the ecosystem in the future to meet the challenges and needs of the Bitcoin network.

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