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Roadmap

BeL2 has an ambitious roadmap aimed at establishing a new global financial system anchored by Bitcoin. Here's an overview of our planned developments for 2024:

Phase 1: Prototype Validation (Q2 2024)​

Goal​

Verify Bitcoin transaction proofs for seamless interoperability.

Key Developments​

  • Refine and optimize the Cairo Circuit for generating and verifying BTC transaction proofs.
  • Enhance the EVM ZKP Contract for efficient verification of BTC transactions.
  • Improve the ZKP BTC Transaction Verifier for dApp integration.

Phase 2: Achieving Decentralization (Q3 2024)​

Goal​

Implement a staking-based Arbiter network with BTC Full Nodes.

Key Developments:​

  • Launch the zkBTC Full Nodes network.
  • Establish the Arbitrator Network for enhanced security and decentralization.
  • Implement the Light Client Verification Solution for efficient Bitcoin transaction verification.

Phase 3: Ecosystem Development (Q4 2024)​

Goal​

Create a Dapp ecosystem and enable BTC as collateral for loans and stablecoin issuance.

Key Developments:​

  • Expand partnerships and integrations with more DeFi platforms.
  • Launch advanced features such as Native Bitcoin Staking.
  • Develop and release SDKs and developer tools for easier integration of BeL2 technology.
  • Implement support for NFTs and Ordinals on Bitcoin.

Long-term Vision​

Our ultimate goal is to establish BeL2 as a cornerstone of a new global financial system, similar to the historical Bretton Woods system but more robust and decentralized. This includes:

  • Expanding the use of Bitcoin in DeFi applications.
  • Enhancing the interoperability between Bitcoin and other blockchain networks.
  • Developing more use cases for Bitcoin as collateral in various financial instruments.
  • Continuing to improve the security, efficiency, and scalability of the BeL2 network.
  • Opening up new possibilities for creating and managing non-fungible tokens (NFTs) on the Bitcoin network, including support for Bitcoin Ordinals.
  • Introducing Native Bitcoin staking, allowing Bitcoin holders to earn rewards without giving up custody of their BTC.
  • Establishing an Arbitrator Network (network made of Arbitrers) as the communication backbone of BeL2 system that will help ensure the system's security and efficiency.