The First BTC L2

The
First
BTC L2
to Offer Sustainable BTC Yield
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Challenges for scaling BTC
Security Concerns
BTC holders have serious concerns when their BTC moves to another chain. The security of Bridges and BTC Layer2 needs to be addressed given the limited functionalities of BTC scripts.
Sustainable Yield
BTC traditionally serves as a store of value, offering fewer opportunities for yield generation compared to other cryptocurrencies, like Ethereum or stablecoins. This limited utility in DeFi applications has resulted in lower returns for BTC holders.
Solutions
Security
The decentralized sequencer is the key to achieve GOAT network's liveness, fairness and censorship resistance. A native Bitcoin Script based Locking mechanism is also introduced to guarantee GOAT Network be immune to Long-Range Attacks.
GOAT network’s OCP(Optimistic Challenge Process) is built on BitVM2’s permissionless bridge protocol and allows any computation off-chain to be verified on Bitcoin with Continuation techniques. Inspired by ZKM’s proof network, splits the SNARK verifier into a group of subscripts, and the subscripts are committed by MAST and Taproot on Bitcoin.
Sustainable Yield
Decentralized sequencers create an open market to earn sustainable sequencer revenue (in BTC and GOAT Tokens).
Sequencer revenue can be tokenized in order to trade and generate additional returns.
BTC holders can lock BTC on L1 to mint goatBTC on GOAT BTC L2; goatBTC can be used for yield generation.
GOAT token lockers earn additional goatBTC mint /redeem fees.
More ways to generate sustainable yield via Defi, Cefi and Tradfi are on the way.
Roadmap
Core Contributors
Kevin Liu
Narrative
Founded Ethereum L2 Metis, the only L2 to successfully launch a decentralized sequencer
@KevinLiuB
Dr. Redouane Elkamhi
Economic
Professor of Finance at University of Toronto, expert in financial markets and DeFi; extensive advisory experience in asset management and blockchain
Redouane-Elkamhi
Dr. Eric Wang
Innovation
Ph.D in computer Science from University of Waterloo; extensive experience in quantitative finance, cryptocurrency, and DeFi
Jian-wan
Stephen Duan
Tech
Co-Founder of Baidu Blockchain, Founder of Eigen Network
@sd-zkp
Annie Zhao
Growth
Led Growth Team for zkPass
@ZKAnnie
Brett Wags
Growth
Lead DeFi team for major Web3 Project
@Waggle_GOATL2
Dane Great
Strategy
Led Strategy team for major Web3 project
@GreatDane33
Dylan Kawalec
DevRel
ZKP & DeFi specialist; ex-Binance Labs, Discreet Labs, & Osmosis; CTO of Invo Technologies
@Yozkyo
ROADMAPPROBLEMS / SOLUTIONSCORE CONTRIBUTORS
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