Elastos Unveils BeL2 SDKs for Partners to Develop Native Bitcoin Apps and StarBTC Demo DeFi App to Extract Value from Dormant Bitcoin
Singapore – 26/07/2024 – (SeaPRwire) – Elastos, the SmartWeb ecosystem provider, today announced innovations that enable native Bitcoin staking on the Bitcoin network. Partners can use the Elastos BeL2 Software Development Kit (SDK) to build Native Bitcoin decentralized apps (dApps) to encourage staking of the estimated more than 1 Trillion dormant Bitcoins. The BeL2 SDK will be demonstrated at Bitcoin Nashville 2024 alongside the StarBTC demo loan app, showcasing BeL2’s native Bitcoin DeFi solutions as a decentralized clearing network service.
Elastos BeL2 – Native Bitcoin Staking Becomes a Reality with a New Revenue Model for Arbiters. StarBTC first prototype for arbiter nodes and smart contracts enable collateralization of up to 80% of Bitcoin assets. Elastos BeL2 offers significant...