On October 22, COINOTAG reported the launch of the Super Bitcoin technical framework white paper by the BEVM (Bitcoin-Enhanced Virtual Machine) team. The initiative aims to leverage Bitcoin’s foundational technologies, including the Lightning Network and Taproot consensus, to forge a value Internet that enhances the security derived from Bitcoin’s consensus mechanism. The white paper outlines a sophisticated five-layer technical architecture designed to allow seamless integration of Bitcoin into an expansion layer, thereby circumventing cross-chain complications while facilitating user self-custody.
The architecture’s cornerstone enables the Lightning Chain to accommodate various mainstream virtual machines via the BEVM-Stack, thereby promoting limitless scaling for Bitcoin without compromising its core security framework. Notably, the BEVM team boasts an impressive eight years of technical experience within the Bitcoin ecosystem. They recently secured tens of millions in financing from notable investors, including Bitmain, achieving a post-funding valuation of approximately $200 million.