Confirmed B² Network Airdrop

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3 Feb 2024

What is B² Network?

B² Network is a Layer-2 solution that bolsters transaction speed and broadens application diversity without sacrificing security. B² Network is the first zero-knowledge proof verification commitment rollup on Bitcoin. Leveraging rollup technology, B² Network provides a platform capable of running Turing-complete smart contracts for off-chain transactions, which enhances transaction efficiency and minimizes costs. Additionally, zero-knowledge proof technology is employed in tandem with gate commitment and challenge-response of Taproot to guarantee transactional privacy and security during confirmation on Bitcoin. The network's objective is to metamorphose Bitcoin into a versatile platform, paving the way for groundbreaking applications such as DeFi, NFTs, and other decentralized systems. Overall, B² Network epitomizes a harmonized progression, upholding Bitcoin’s core values while navigating the future digital asset landscape.
Bitcoin's significance isn't limited to just being a payment network. Its foundational principles make it ripe for more profound evolution and integration into a broader spectrum of financial services and applications.

B² Buzz

B² Buzz is a user reward activity launched by B² Network. The name of the event signifies the buzzing sound of intense mining activity and uses a "mining rig" gameplay theme with a BTC culture element, offering users an engaging experience within the BTC ecosystem.

Users can deposit assets starting from early February till three days before the mainnet launch date. Production of Parts will cease three days before the mainnet launch date. Bridged assets can be withdrawn back to the Layer 1 networks in April 2024. The mining rewards of B² native tokens will be released after the Token Generation Event. Users will be able to withdraw the full amount of rewards they already mined.

Registration and Invitation

1.Accessing the Event Page: Go to the B² Buzz event landing page by entering https://buzz.bsquared.network/ in your web browser.
2.Starting Registration: Select 'Join Now' to begin the registration process.

3.Invitation Code: Enter the invite code “cBBHX“.

4.Twitter Connection: Validate the invitation code, then Connect & Follow to authorize and follow @BSquaredNetwork on Twitter. Verify the connection to proceed.

5.Wallet Connection: Choose and connect a wallet address suitable for the assets you plan to deposit. Buzz allows one BTC address and one EVM address connection.

6.Finalize Registration: After linking your wallet, click Continue to complete registration and move to the Bridge page.
7.Bridge Page: This page facilitates fund deposits and sharing of your invitation code. You can also change your bound BTC or EVM address here.

Depositing Assets

1.On the Bridge page, users can choose to deposit assets such as BTC, BRC20 (ORDI, SATS), ETH, USDC, USDT, FDUSD, MATIC, etc. If a BTC address wallet is connected, users can deposit BTC or BRC20 assets from the Bitcoin network. To deposit BTC, enter the amount and click Submit, the wallet transaction will be complete

2.If users choose to deposit BRC20 assets like ORDI or SATS, the system will prompt them to engrave and transfer operations in the OKX or UniSat browser wallet. Users must transfer the engraving to the system via the bound BTC address, and direct transfers from Cex or other exchanges are not allowed. After the transfer is confirmed by the network, click Already deposit to proceed to the Rewards page.

3.If users choose to deposit ETH or corresponding ERC20 assets, switch to the relevant network and wallet address, enter the deposit amount, and after submitting, the wallet transaction will be complete.
4.For users in the engraving community and BTC holders, the Buzz event offers deposit rewards. Users meeting the conditions will see an initial reward prompt, claimable after depositing 0.01BTC or an equivalent asset. Additionally, an early bird reward is available for the first 7 days of the event, offering a doubled rate for mining machine parts generation.

Acquiring Parts to Assemble Mining Rigs

1.After successful deposit, users enter the Rewards page. Users can view their deposited assets , parts generation rate, and the quantity of parts and mining rigs. Initially, due to pending deposit transaction confirmation, users need to wait for network confirmation and refresh the page to update asset and rate information.
2.On the right Tab, click MINE to access the mining rig page. Click Rules to view the rules for mining rig parts and assembly.

3.The rate of obtaining mining rig parts depends on the user's deposit. The deposit amount of the user's direct and second-level invitees, and the early bird activity multiplier bonus. For every total deposit of 0.01 BTC, users can obtain 0.2857 parts per day. Additionally, 16% and 8% of the funds deposited by users’ direct and second-level invitees respectively are factored into the inviter’s generation rate.

4.Mining rig parts are used for assembling mining rigs. There are basic and advanced assemblies, each corresponding to different probabilities of mining rig generation. Mining rigs are categorized into CPU, GPU, and ASIC, with respective computational power values of 10, 100, and 1,000. Once the required number of parts is reached, click Basic or Advanced to start assembling the mining rig, and stay tuned for more surprises.

Team Up to Win Rewards

1.On the right Tab, click INVITE to go to the invitation page. Then click Rules to view the rules for invitation and team rewards.
2.Users form teams with their direct invitees. The total amount of deposits made by team members can trigger milestone treasure box rewards when reaching certain amounts. The event has set up 5 Milestones, with rewards including mining rig fragments, unlock features, increased probabilities, and gifted mining rigs.

B² Network is a Layer 2 solution on Bitcoin, primarily utilizing zero-knowledge proof verification commitments submitted to Bitcoin. It allows challengers to initiate fraud proofs for disputes, aiming to leverage the powerful consensus of Bitcoin to ensure the security of the B² Network.
This article mainly introduces the operating mechanisms of ZK-Rollup and OP-Rollup on Ethereum, explores the marvelous NAND gate circuit, and discusses the role of commitments. Utilizing these mechanisms and concepts, we design the zero-knowledge proof verification commitments for the B² Network. Furthermore, we explain how these commitments are executed on Bitcoin and how they ensure the security of the B² Network.

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