Partnered with Unigraph to Release the First-Ever BRC20-Focused L2 Ecosystem!

m4lka
2 min readJan 15, 2024

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BRC20.com has partnered with Unigraph to bring an EVM-compatible layer 2 solution to the Bitcoin community. As part of this, BRC20.com will work with Unigraph to build a BRC20-centric rollup and ecosystem, leveraging Unigraph’s infrastructure to connect BRC20 tokens to the L2 network.

BRC20.com will deploy its IFO and Launchpad technologies on top of this new L2 network, with all data published to the Bitcoin blockchain. The bridge technology will allow BRC20.com to use wallet infrastructure to securely store tokens connected via the L2 bridge.

The L2 network will use a Delegated Proof of Stake (DPoS) mechanism and be based on the Ethereum Virtual Machine (EVM) framework. This will allow compatibility with EVM wallets like MetaMask and smart contract deployment. BRC20.com will manage L2 nodes and attract participants to strengthen decentralization and security while lowering costs.

BRC20.com products like its mining platform, Super App, and future offerings will integrate with the L2 solution for seamless interconnectivity between Bitcoin layer 1 and 2. Planned offerings include a DEX with $COM token participation in liquidity pools, rewarding $COM L2 stakers with DEX commissions.

The L2 network solves issues like high GWEI costs and transaction backlogs as BRC20 and Ordinals grow, greatly reducing fees.

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m4lka
m4lka

Written by m4lka

Ambassador I Community Leader I Moderator https://linktr.ee/m4lka - links http://m4lka.tilda.ws - portfolio

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