The NB (Native Bitcoin) Settlement Layer
The Native Bitcoin (NB) Settlement Layer is a core component of BeL2's architecture. It allows Bitcoin to serve as the settlement layer for complex financial transactions and applications, similar to how gold functioned in the traditional financial system.
Key features:
- Bitcoin remains on its main network, ensuring maximum security.
- The NB Settlement Layer enables Bitcoin to back stablecoins, serve as collateral for loans, and participate in other DeFi activities.
- It introduces the concept of "Native Bitcoin DeFi," where Bitcoin can be used in decentralized finance without wrapping or synthetic representations.