The official Bool Network faucet is now live! ๐ฆ
Visit Bool Faucet, connect your wallet, and receive Testnet Tokens for Bool Network. The Bool Network Testnet currently supports Metamask๐ฆ .
Bool Network Testnet Tokens hold no monetary value and are for testing purposes only.
Visit Bool Faucet, connect your wallet, and receive Testnet Tokens for Bool Network. The Bool Network Testnet currently supports Metamask
Bool Network Testnet Tokens hold no monetary value and are for testing purposes only.
Please open Telegram to view this post
VIEW IN TELEGRAM
โค17๐6
๐ฅณBool Network Devnet is now live!
๐นFollow the instructions on the website to deploy your Devnet node.
The wallet address on the node registration form is the wallet address you configured following the configuration guidance and the wallet address you will use to receive tBol faucet.
๐For more detailed information, please stay tuned as the team is collecting faqs and working on a tutorial and more detailed instructions for users to deploy a node.
1.Here is how to configure Bool Dev Network on your Metamask.(P1)
Manually add a network following the configuration from the website
2.Here is how to receive tBol faucet. (P2 P3)
Visit Faucet link provided by the website, fill in the wallet address you just created through devnet.
๐นFollow the instructions on the website to deploy your Devnet node.
The wallet address on the node registration form is the wallet address you configured following the configuration guidance and the wallet address you will use to receive tBol faucet.
๐For more detailed information, please stay tuned as the team is collecting faqs and working on a tutorial and more detailed instructions for users to deploy a node.
1.Here is how to configure Bool Dev Network on your Metamask.(P1)
Manually add a network following the configuration from the website
2.Here is how to receive tBol faucet. (P2 P3)
Visit Faucet link provided by the website, fill in the wallet address you just created through devnet.
โค17๐6
Bitcoin has long maintained a substantial portion of the total #cryptocurrency market value. However, there's a significant amount of dormant assets within the #Bitcoin networkโcurrently, approximately $800 billion worth of $BTC remains inactive.
We invite Bitcoin enthusiasts worldwide to join #BoolNetwork and #BTClayer2 to enhance asset liquidity, unlocking the true potential of the Bitcoin ecosystem! ๐
We invite Bitcoin enthusiasts worldwide to join #BoolNetwork and #BTClayer2 to enhance asset liquidity, unlocking the true potential of the Bitcoin ecosystem! ๐
โค16๐5
Dear Bool Members,
After reviewing the rising questions as regard to Bool node deployment, the team has released a tutorial to better help you walk through how to deploy a validator/privacy node.
Check it on Yotube https://www.youtube.com/watch?v=Dadh_ls90TU
After reviewing the rising questions as regard to Bool node deployment, the team has released a tutorial to better help you walk through how to deploy a validator/privacy node.
Check it on Yotube https://www.youtube.com/watch?v=Dadh_ls90TU
YouTube
Bool Network Devnet Node Deployment Process
๐ Our node deployment documentation has been available for some time now. To address queries and provide assistance to all, we've prepared a comprehensive video detailing the entire deployment process.
For the complete process, please refer to our deploymentโฆ
For the complete process, please refer to our deploymentโฆ
๐15โค3๐ฅฐ2
Explore one of Bool Network's core technologies: Dynamic Hidden Committee (DHC).
This article will take you through how #BoolNetwork is revolutionizing cross-chain bridges, introducing interoperability to the #Bitcoin ecosystem, and enhancing the privacy and security of #BTCLayer2. ๐ง
https://medium.com/@boolnetwork/bool-network-the-ultimate-solution-of-cross-chain-bridges-protected-by-dynamic-hidden-committee-9778728d7e0c
This article will take you through how #BoolNetwork is revolutionizing cross-chain bridges, introducing interoperability to the #Bitcoin ecosystem, and enhancing the privacy and security of #BTCLayer2. ๐ง
https://medium.com/@boolnetwork/bool-network-the-ultimate-solution-of-cross-chain-bridges-protected-by-dynamic-hidden-committee-9778728d7e0c
Medium
Bool Network: The Ultimate Solution of Cross Chain Bridges Protected by Dynamic Hidden Committeeโฆ
Is it possible to eliminate collusion risks and improve the security of cross chain bridges without sacrificing their performanceโฆ
๐ฅ14๐4
Bool Network Devnet launch successful! Thank you all for your enthusiastic participation. ๐งก
We invite you to visit the Bool Chain Devnet explorer. Here, you can dive into the details of our network, track transactions, and explore various aspects of Bool Network's blockchain development.
We invite you to visit the Bool Chain Devnet explorer. Here, you can dive into the details of our network, track transactions, and explore various aspects of Bool Network's blockchain development.
โค19๐5
๐ง Scalability has long been a significant challenge for the Bitcoin network!
๐ While Bitcoin remains one of the most valuable and secure cryptocurrencies, its vision of becoming a "peer-to-peer electronic cash system" is still distant due to transaction speed limitations.
This issue has persisted, and one of the primary solutions currently proposed is the adoption of Layer 2 technology. However, due to Bitcoin's lack of smart contract functionality, existing BTCLayer2 solutions commonly face centralization issues.
๐งก To overcome these challenges, we introduce Bool Network.
Bool Network is an open, decentralized, and secure Bitcoin verification network. Our goal is to securely and decentralize the expansion of the Bitcoin network without altering Bitcoin's consensus rules, thereby fostering the prosperity of the Bitcoin ecosystem. ๐
๐ While Bitcoin remains one of the most valuable and secure cryptocurrencies, its vision of becoming a "peer-to-peer electronic cash system" is still distant due to transaction speed limitations.
This issue has persisted, and one of the primary solutions currently proposed is the adoption of Layer 2 technology. However, due to Bitcoin's lack of smart contract functionality, existing BTCLayer2 solutions commonly face centralization issues.
๐งก To overcome these challenges, we introduce Bool Network.
Bool Network is an open, decentralized, and secure Bitcoin verification network. Our goal is to securely and decentralize the expansion of the Bitcoin network without altering Bitcoin's consensus rules, thereby fostering the prosperity of the Bitcoin ecosystem. ๐
๐12โค7
Dear Bool Community,
๐Over the past week, we've had the participation of thousands of nodes in the Bool Network node deployment. Bool team sincerely expresses gratitude to all for actively participating in the Bool Network Devnet node deployment.
๐ชAt the mean time, throughout the node deployment, we have not only received feedback and suggestions from users but also identified some issues with the process. For instance, certain DHC nodes have proven to be unstable, leading to a decrease in network security. Therefore, to ensure the stability of the Bool Network, after thorough discussions within the team, we have ultimately decided to temporarily suspend Devnet node deployment to optimize node thresholds and network stability. We deeply apologize for any inconvenience this may cause.
๐Bool Team will deeply optimize the node participation and penalty mechanisms to ensure the stability of DHC nodes and the overall security of the network. We plan to reopen node deployment to the public in the near future, and we encourage you to stay tuned for further updates!
๐Over the past week, we've had the participation of thousands of nodes in the Bool Network node deployment. Bool team sincerely expresses gratitude to all for actively participating in the Bool Network Devnet node deployment.
๐ชAt the mean time, throughout the node deployment, we have not only received feedback and suggestions from users but also identified some issues with the process. For instance, certain DHC nodes have proven to be unstable, leading to a decrease in network security. Therefore, to ensure the stability of the Bool Network, after thorough discussions within the team, we have ultimately decided to temporarily suspend Devnet node deployment to optimize node thresholds and network stability. We deeply apologize for any inconvenience this may cause.
๐Bool Team will deeply optimize the node participation and penalty mechanisms to ensure the stability of DHC nodes and the overall security of the network. We plan to reopen node deployment to the public in the near future, and we encourage you to stay tuned for further updates!
โก9๐4
๐ข Bool Network Update:
Our BTCLayer2 cross-chain bridge has been optimized to support bulk transfers from Layer 2 back to the Bitcoin main chain. ๐
This means faster and more efficient transactions for our users. Stay tuned for more updates!
Our BTCLayer2 cross-chain bridge has been optimized to support bulk transfers from Layer 2 back to the Bitcoin main chain. ๐
This means faster and more efficient transactions for our users. Stay tuned for more updates!
๐ฅ13๐4
๐ข Partnership Announcement
Exciting News! We're thrilled to to announce our official partnership with ScaleBit! ๐
ScaleBit is a renowned security auditing team, specializing in audits for ZKP, Layer2, and Cross-chain applications.
Bool Network is a permissionless, decentralized, and secure Bitcoin verification layer that aims, within the premise of not altering Bitcoin's consensus rules, to securely decentralize the expansion of the Bitcoin network.
๐ค Our partnership aims to deliver secure solutions for the widespread adoption of BTCLayer2, prioritizing user safety and fostering prosperity within the Bitcoin ecosystem. Stay tuned for more details!
Exciting News! We're thrilled to to announce our official partnership with ScaleBit! ๐
ScaleBit is a renowned security auditing team, specializing in audits for ZKP, Layer2, and Cross-chain applications.
Bool Network is a permissionless, decentralized, and secure Bitcoin verification layer that aims, within the premise of not altering Bitcoin's consensus rules, to securely decentralize the expansion of the Bitcoin network.
๐ค Our partnership aims to deliver secure solutions for the widespread adoption of BTCLayer2, prioritizing user safety and fostering prosperity within the Bitcoin ecosystem. Stay tuned for more details!
๐15๐ฅฐ1๐1
๐ข Partnership Announcement
We are excited to announce our official #partnership with
@BiHelix_
! ๐ค
#BiHelix is a Bitcoin ecosystem infrastructure built on the native Bitcoin blockchain, incorporating the #RGB protocol and #Lightningnetwork to construct optimized nodes.
#BoolNetwork is a permissionless, decentralized, and secure #Bitcoin verification layer that aims, within the premise of not altering Bitcoin's consensus rules, to securely decentralize the expansion of the Bitcoin network.
๐งก Our partnership will focus on addressing Bitcoin's scalability challenges, creating developer-friendly #BTCLayer2 solutions, and attracting more developers and users to explore the immense potential of the #BTC ecosystem.
We are excited to announce our official #partnership with
@BiHelix_
! ๐ค
#BiHelix is a Bitcoin ecosystem infrastructure built on the native Bitcoin blockchain, incorporating the #RGB protocol and #Lightningnetwork to construct optimized nodes.
#BoolNetwork is a permissionless, decentralized, and secure #Bitcoin verification layer that aims, within the premise of not altering Bitcoin's consensus rules, to securely decentralize the expansion of the Bitcoin network.
๐งก Our partnership will focus on addressing Bitcoin's scalability challenges, creating developer-friendly #BTCLayer2 solutions, and attracting more developers and users to explore the immense potential of the #BTC ecosystem.
โค15๐3๐ฅฐ1
๐ข Partnership Announcement
We are thrilled to announce our partnership with Blockchain Sports! Bool Network๐ค
โฝ๏ธ Blockchain Sports, a groundbreaking concept that leverages the potential of blockchain technology to transform the sports industry. It is a Web3 ecosystem based on the sports IRL business.
This revolutionary partnership combines the thriving real-world sports industry with Bitcoin ecosystem applications, bringing in a plethora of new users to Web3 and the BTC ecosystem, while also charting new directions for the ecosystem applications of BTCLayer2! ๐ซ
We are thrilled to announce our partnership with Blockchain Sports! Bool Network๐ค
โฝ๏ธ Blockchain Sports, a groundbreaking concept that leverages the potential of blockchain technology to transform the sports industry. It is a Web3 ecosystem based on the sports IRL business.
This revolutionary partnership combines the thriving real-world sports industry with Bitcoin ecosystem applications, bringing in a plethora of new users to Web3 and the BTC ecosystem, while also charting new directions for the ecosystem applications of BTCLayer2! ๐ซ
โค17๐3
๐ Explore the core technology of Bool Network: the โDynamic Hidden Committeeโ
In Bool Network, the Dynamic Hidden Committee (DHC) is a key technology designed to enhance the #security and decentralization of the network. Through a simple example, we can better understand how it works: ๐
Let us envisage a situation where you are a commander of an army overseeing the safekeeping of 50 granaries with the help of 1000 soldiers. How would you deploy your soldiers?
In the event of all granaries being equally significant, the optimal tactic would be to divide the 1000 soldiers into 50 groups, each consisting of 20 soldiers, to guard each granary.
However, this approach entails a peril. If over half of the soldiers in one team collude, they may cause their designated granary to be lost, and thus jeopardize the overall mission. In other words, if 11 soldiers in a team conspire, they may betray their authority, and take over the granary.
This impels the implementation of a countermeasure to deter conspiracy and prevent the granaries from being compromised. The solution is to apply the concept of โDynamic Hidden Committeeโ. ๐
๐ Dynamic: It necessitates the dynamic reformation and reassignment of soldiers into different teams every day. This empowers each soldier to guard a granary distinctly and work alongside different teammates every day.
๐ฎ Hidden: Each soldierโs vision is obscured, and they are not apprised of which granary they are safeguarding nor who their teammates are.
The conspiring soldiers would be unable to collude cohesively owing to their ignorance of whom to plan with. Even if premeditated colluders are present, they would be unable to control other team members or determine whether the other participants belong to the same team.
Read more
In Bool Network, the Dynamic Hidden Committee (DHC) is a key technology designed to enhance the #security and decentralization of the network. Through a simple example, we can better understand how it works: ๐
Let us envisage a situation where you are a commander of an army overseeing the safekeeping of 50 granaries with the help of 1000 soldiers. How would you deploy your soldiers?
In the event of all granaries being equally significant, the optimal tactic would be to divide the 1000 soldiers into 50 groups, each consisting of 20 soldiers, to guard each granary.
However, this approach entails a peril. If over half of the soldiers in one team collude, they may cause their designated granary to be lost, and thus jeopardize the overall mission. In other words, if 11 soldiers in a team conspire, they may betray their authority, and take over the granary.
This impels the implementation of a countermeasure to deter conspiracy and prevent the granaries from being compromised. The solution is to apply the concept of โDynamic Hidden Committeeโ. ๐
๐ Dynamic: It necessitates the dynamic reformation and reassignment of soldiers into different teams every day. This empowers each soldier to guard a granary distinctly and work alongside different teammates every day.
๐ฎ Hidden: Each soldierโs vision is obscured, and they are not apprised of which granary they are safeguarding nor who their teammates are.
The conspiring soldiers would be unable to collude cohesively owing to their ignorance of whom to plan with. Even if premeditated colluders are present, they would be unable to control other team members or determine whether the other participants belong to the same team.
Read more
X (formerly Twitter)
Bool Network (@bool_official) on X
๐ Explore the core technology of Bool Network: the โDynamic Hidden Committeeโ
In #BoolNetwork, the Dynamic Hidden Committee (#DHC) is a key technology designed to enhance the #security and decentralization of the network. Through a simple example, we canโฆ
In #BoolNetwork, the Dynamic Hidden Committee (#DHC) is a key technology designed to enhance the #security and decentralization of the network. Through a simple example, we canโฆ
โค15โก7๐ฅ5๐1
๐ฅ Attention all Booleans ๐ฅ
๐ Brace yourselves for the electrifying Bool Spring Series @AlphaGuilty campaign - it's officially LIVE! ๐
๐ Get ready to dive into the excitement as we gear up to launch our thrilling Testnet. Starting from UTC March 21st 16:00 to April 5th 23:00, the community task on #AlphaGuilty is set to ignite your passion! And here's the cherry on top - EVERYONE gets a shot at winning a $100 prize pool! ๐ธ๐ฅ
๐ Explore our quests on #AlphaGuilty
1๏ธโฃConquer all 14 tasks with finesse
2๏ธโฃHit "Claim Reward" like a pro
3๏ธโฃRewards up for grabs from April 8th to May 5th
๐ก Worried about mixing up tasks? Fear not! Both #AlphaGuilty and #Zealy tasks are your golden tickets for future airdrops. Plus, seize the moment to snag your immediate rewards upon completing tasks on AlphaGuilty!
Don't miss this chance to join the adventure and bask in the glory of rewards galore! Let's make this campaign one for the ages! ๐โจ
๐ Brace yourselves for the electrifying Bool Spring Series @AlphaGuilty campaign - it's officially LIVE! ๐
๐ Get ready to dive into the excitement as we gear up to launch our thrilling Testnet. Starting from UTC March 21st 16:00 to April 5th 23:00, the community task on #AlphaGuilty is set to ignite your passion! And here's the cherry on top - EVERYONE gets a shot at winning a $100 prize pool! ๐ธ๐ฅ
๐ Explore our quests on #AlphaGuilty
1๏ธโฃConquer all 14 tasks with finesse
2๏ธโฃHit "Claim Reward" like a pro
3๏ธโฃRewards up for grabs from April 8th to May 5th
๐ก Worried about mixing up tasks? Fear not! Both #AlphaGuilty and #Zealy tasks are your golden tickets for future airdrops. Plus, seize the moment to snag your immediate rewards upon completing tasks on AlphaGuilty!
Don't miss this chance to join the adventure and bask in the glory of rewards galore! Let's make this campaign one for the ages! ๐โจ
โค12๐10๐ฅฐ1
Dear @Booleans
๐ฅ 6 days to go until the Alpha Testnet Opens for the Public!
๐ In Bool Network, DHC nodes serve the purpose of storing private key sharding signatures, while validators maintain transaction records and append new blocks to the Bool chain. These nodes play a critical role in ensuring the network's security.
๐ฅ 6 days to go until the Alpha Testnet Opens for the Public!
๐ In Bool Network, DHC nodes serve the purpose of storing private key sharding signatures, while validators maintain transaction records and append new blocks to the Bool chain. These nodes play a critical role in ensuring the network's security.
๐ฅ9๐8๐ฅฐ6
Dear @Booleans
๐ต 5 days to go until the Alpha Testnet Opens for the Public!
๐ฆ In Bool Network, DHC nodes serve the purpose of storing private key sharding signatures, while validators maintain transaction records and append new blocks to the Bool chain. These nodes play a critical role in ensuring the network's security.
๐ต 5 days to go until the Alpha Testnet Opens for the Public!
๐ฆ In Bool Network, DHC nodes serve the purpose of storing private key sharding signatures, while validators maintain transaction records and append new blocks to the Bool chain. These nodes play a critical role in ensuring the network's security.
๐ฅ14๐3โค2