Why is Dynamic Hidden Committees (DHC) so important in the Bool network? 📝
DHC nodes are vital for Bool Network's security and reliability. They ensure:
🔸Security: Using advanced techniques like MPC and ZKP, DHC nodes maintain transaction integrity and prevent malicious activities.
🔸Asset Custody: DHC nodes securely manage private keys for various blockchains, including Bitcoin, ensuring safe asset storage and transfer.
🔸Cross-Chain Security: By facilitating seamless asset transfers between chains, DHC nodes enhance transaction security and minimize attack risks.
🔸Layer2 Development: Serving as the foundation for Layer2 solutions, DHC nodes enable developers to create efficient applications while inheriting Bitcoin's security features.
In summary, DHC nodes are indispensable components of the Bool network, playing a crucial role in supporting its security, reliability, and scalability across various blockchain applications. 🙌
DHC nodes are vital for Bool Network's security and reliability. They ensure:
🔸Security: Using advanced techniques like MPC and ZKP, DHC nodes maintain transaction integrity and prevent malicious activities.
🔸Asset Custody: DHC nodes securely manage private keys for various blockchains, including Bitcoin, ensuring safe asset storage and transfer.
🔸Cross-Chain Security: By facilitating seamless asset transfers between chains, DHC nodes enhance transaction security and minimize attack risks.
🔸Layer2 Development: Serving as the foundation for Layer2 solutions, DHC nodes enable developers to create efficient applications while inheriting Bitcoin's security features.
In summary, DHC nodes are indispensable components of the Bool network, playing a crucial role in supporting its security, reliability, and scalability across various blockchain applications. 🙌
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🔎 How to Understand DHC in an Easy Manner?
The concept of Dynamic Hidden Committees (DHC) in #BoolNetwork can be understood through a military analogy:💡
Imagine you're a general overseeing 1,000 soldiers tasked with guarding 50 granaries. To organize them, you divide them into 50 teams, each guarding a granary. However, this poses a risk of collusion within teams.☄️
To prevent collusion and ensure security:
🔶 Dynamic: Reorganize soldiers into new groups daily, making assignments unpredictable.
🔶 Hidden: Blindfold soldiers so they don't know which granary they guard or their teammates.
This dynamic and hidden approach ensures the security of each team, reflecting the principles of DHC in Bool Network. 😉 #Bitcoin #BitcoinLayer2
The concept of Dynamic Hidden Committees (DHC) in #BoolNetwork can be understood through a military analogy:💡
Imagine you're a general overseeing 1,000 soldiers tasked with guarding 50 granaries. To organize them, you divide them into 50 teams, each guarding a granary. However, this poses a risk of collusion within teams.☄️
To prevent collusion and ensure security:
🔶 Dynamic: Reorganize soldiers into new groups daily, making assignments unpredictable.
🔶 Hidden: Blindfold soldiers so they don't know which granary they guard or their teammates.
This dynamic and hidden approach ensures the security of each team, reflecting the principles of DHC in Bool Network. 😉 #Bitcoin #BitcoinLayer2
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Forwarded from Vini | Never DM First
Bool Bridge is the first decentralized bridge in the Bitcoin ecosystem, built on Bool Network's Dynamic Hidden Committee. Utilizing original Zero-knowledge Proof algorithm Ring-VRF and Multi-party Computation, #BoolBridge ensures the security and decentralization of #Bitcoin assets. 🛠️
Additionally, the upcoming integration of Hash TimeLock and Taproot Scripts guarantees that even if there are issues with the #BitcoinLayer2 or #BoolNetwork, users' assets remain secure on the #Bitcoin mainnet.
This collaboration is just the beginning. In the future, #BoolBridge will support more asset protocols, including ARC-20, RUNES, and more. Stay tuned for updates!
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🚨 B² Bridge-in Raffles is here!
#BoolNetwork has integrated with
@BSquaredNetwork
! Come and experience, bridge, and receive airdrops from the B² Network. 💰
Stay tuned for more Bool rewards to be announced later. 👀https://twitter.com/BSquaredNetwork/status/1780927450660385238
#BoolNetwork has integrated with
@BSquaredNetwork
! Come and experience, bridge, and receive airdrops from the B² Network. 💰
Stay tuned for more Bool rewards to be announced later. 👀https://twitter.com/BSquaredNetwork/status/1780927450660385238
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🎉 Exciting news, #BoolNetwork community! Our airdrop reward challenge is in full swing! 🔥
Complete community tasks on Zealy to earn future $BOOL airdrop! 🪂
✅ How to participate:
→ Click the link below to find us on #Zealy 🔗 https://zealy.io/cw/boolnetwork/questboard/admin
→ Find Quests on the top left corner
→ Do the quests shown on the page
→ Claim your rewards 💰
Only 5000XPS available every month, come and secure your spot early. ⏳
Make sure to complete as many task as you can & participants will be picked at our own discretion to gain early $BOOL airdrop in the near future. Join us in building the future of the #Bitcoin ecosystem! 🙌
Complete community tasks on Zealy to earn future $BOOL airdrop! 🪂
✅ How to participate:
→ Click the link below to find us on #Zealy 🔗 https://zealy.io/cw/boolnetwork/questboard/admin
→ Find Quests on the top left corner
→ Do the quests shown on the page
→ Claim your rewards 💰
Only 5000XPS available every month, come and secure your spot early. ⏳
Make sure to complete as many task as you can & participants will be picked at our own discretion to gain early $BOOL airdrop in the near future. Join us in building the future of the #Bitcoin ecosystem! 🙌
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🎉 Exciting News Alert! 🎉
🚀 Calling all DHC Node Runners! 🚀
🌟 Ready to take your involvement to the next level? Now's your chance to claim the exclusive DHC role! Simply slide into our DMs on Discord to secure your spot. 📩
💪 Your dedication and contribution to our testnet aren't just appreciated, they're invaluable! Together, we're shaping the future of Bitcoin layer 2. Let's continue this incredible journey, hand in hand! 🌈 #TeamWorkMakesTheDreamWork
🚀 Calling all DHC Node Runners! 🚀
🌟 Ready to take your involvement to the next level? Now's your chance to claim the exclusive DHC role! Simply slide into our DMs on Discord to secure your spot. 📩
💪 Your dedication and contribution to our testnet aren't just appreciated, they're invaluable! Together, we're shaping the future of Bitcoin layer 2. Let's continue this incredible journey, hand in hand! 🌈 #TeamWorkMakesTheDreamWork
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Dear @Booleans
🔧 Scheduled Maintenance Notice:
🛠 Get ready for something amazing! Bool Alpha Testnet will be undergoing a scheduled upgrading to enhance your experience from 6:30am to 7:00am UTC.
🌈 During this brief period, we'll be fine-tuning our services to bring you even more seamless cross-chain transactions. While we work behind the scenes, you might experience slight delays in processing.
🙏 We appreciate your patience and understanding as we strive to make your experience with Bool Alpha even better!
Thank you for being part of our journey towards innovation!
🔧 Scheduled Maintenance Notice:
🛠 Get ready for something amazing! Bool Alpha Testnet will be undergoing a scheduled upgrading to enhance your experience from 6:30am to 7:00am UTC.
🌈 During this brief period, we'll be fine-tuning our services to bring you even more seamless cross-chain transactions. While we work behind the scenes, you might experience slight delays in processing.
🙏 We appreciate your patience and understanding as we strive to make your experience with Bool Alpha even better!
Thank you for being part of our journey towards innovation!
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🛡 How DHC Nodes Ensure Security of Asset Custody?
🔶 Selection of Custody Nodes: A #BitcoinLayer2 project selects 21 nodes to custody assets, setting a threshold signature at 11 nodes.
🔶 Committee Formation: Using the Ring-VRF algorithm, 21 nodes are randomly chosen from thousands to form a Committee.
🔶 Key Shards Creation: Asset management private keys are split into 21 key shards using MPC, stored in nodes' TEE environments.
🔶 Asset Transfer: When a user needs to transfer assets, 11 nodes from the Committee release the assets using TSS signatures.
🔶 Dynamic and Hidden Features: The Committee's composition changes over time, enhancing security against attacks. Nodes operate in a TEE environment, preventing access to private keys.
🔶 Game Theory Consideration: Node operators stake tokens, discouraging irrational actions like stopping a node.
🔶 Layer 2 Security: DHC, DA, and Forced Exit mechanisms ensure Layer 2 inherits #Bitcoin 's security features.
Through these measures, #BoolNetwork guarantees the security of asset custody and resolves cross-chain security issues, ensuring the integrity of assets across Layer 2 networks. 🚀
🔶 Selection of Custody Nodes: A #BitcoinLayer2 project selects 21 nodes to custody assets, setting a threshold signature at 11 nodes.
🔶 Committee Formation: Using the Ring-VRF algorithm, 21 nodes are randomly chosen from thousands to form a Committee.
🔶 Key Shards Creation: Asset management private keys are split into 21 key shards using MPC, stored in nodes' TEE environments.
🔶 Asset Transfer: When a user needs to transfer assets, 11 nodes from the Committee release the assets using TSS signatures.
🔶 Dynamic and Hidden Features: The Committee's composition changes over time, enhancing security against attacks. Nodes operate in a TEE environment, preventing access to private keys.
🔶 Game Theory Consideration: Node operators stake tokens, discouraging irrational actions like stopping a node.
🔶 Layer 2 Security: DHC, DA, and Forced Exit mechanisms ensure Layer 2 inherits #Bitcoin 's security features.
Through these measures, #BoolNetwork guarantees the security of asset custody and resolves cross-chain security issues, ensuring the integrity of assets across Layer 2 networks. 🚀
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🌟 Excited to be part of B² Buzz Phase II: B² Bridge-in Raffles!
🌉 Bridge any Asset to BSquaredNetwork now to earn B² Tokens and Ecosystem Airdrops. 🪙
Bool Network provides 10 points for each cross-chain transaction. This can help you interact on the Bool Network Alpha Testnet and increase your chances of receiving $BOOL airdrop rewards. 🧡
🔗 Bridge now
🌉 Bridge any Asset to BSquaredNetwork now to earn B² Tokens and Ecosystem Airdrops. 🪙
Bool Network provides 10 points for each cross-chain transaction. This can help you interact on the Bool Network Alpha Testnet and increase your chances of receiving $BOOL airdrop rewards. 🧡
🔗 Bridge now
bsquared-bridge
B² Bridge Powered by Bool Network
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📢 Partnership Announcement
Exciting news! 🥳 We're joining forces with Satoshi Protocool, the pioneer in BTC -backed stablecoins!
SatoshiBEVM is the first CDP protocol built for Bitcoin Ecosystem. Users could deposit BTC as collateral to borrow stablecoin $SAT. This serves as the cornerstone for BTCFi to unleash trillions worth of Bitcoin. ✨
🚀 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. BitcoinLayer2
This partnership enables Bool Network to significantly enhance interoperability and comparability by integrating the SAT stablecoin and expanding its availability to other Layer2 solutions within the Bitcoin ecosystem. This will bring more liquidity and efficiency to the entire BTCFi. Stay tuned for updates! 🙌
Exciting news! 🥳 We're joining forces with Satoshi Protocool, the pioneer in BTC -backed stablecoins!
SatoshiBEVM is the first CDP protocol built for Bitcoin Ecosystem. Users could deposit BTC as collateral to borrow stablecoin $SAT. This serves as the cornerstone for BTCFi to unleash trillions worth of Bitcoin. ✨
🚀 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. BitcoinLayer2
This partnership enables Bool Network to significantly enhance interoperability and comparability by integrating the SAT stablecoin and expanding its availability to other Layer2 solutions within the Bitcoin ecosystem. This will bring more liquidity and efficiency to the entire BTCFi. Stay tuned for updates! 🙌
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📣 Introducing RuneSwift!
Experience lightning-fast transactions with RuneSwift, where the gas fee for every 10,000 transactions costs only 0.002 $BTC, a significant reduction compared to 6 $BTC on Bitcoin Network.⚡️
🥳 #BoolNetwork is thrilled to be part of this journey, contributing to a better user experience in the #Bitcoin ecosystem.
Experience lightning-fast transactions with RuneSwift, where the gas fee for every 10,000 transactions costs only 0.002 $BTC, a significant reduction compared to 6 $BTC on Bitcoin Network.⚡️
🥳 #BoolNetwork is thrilled to be part of this journey, contributing to a better user experience in the #Bitcoin ecosystem.
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Partnership with Bool Network 📢
@SatoshiBEVM
@bool_official
join forces to supercharge BTCFi!
This partnership will boost interoperability, security, and usability of our $SAT stablecoin. Unleashing the liquidity of #Bitcoin.
@SatoshiBEVM
@bool_official
join forces to supercharge BTCFi!
This partnership will boost interoperability, security, and usability of our $SAT stablecoin. Unleashing the liquidity of #Bitcoin.
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Exciting Announcement! 🎉
We're thrilled to announce our partnership with LAMBDA_Protocol, a protocol enabling smart contracts on BTC L1!
Take a look at the details 🧵👀👇
HERE
We're thrilled to announce our partnership with LAMBDA_Protocol, a protocol enabling smart contracts on BTC L1!
Take a look at the details 🧵👀👇
HERE
X (formerly Twitter)
Bool Network (@bool_official) on X
Exciting Announcement! 🎉
1/ We're thrilled to announce our partnership with @LAMBDA_Protocol, a protocol enabling smart contracts on #BTC L1!
Take a look at the details 🧵👀👇
1/ We're thrilled to announce our partnership with @LAMBDA_Protocol, a protocol enabling smart contracts on #BTC L1!
Take a look at the details 🧵👀👇
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🧐 Interested in becoming a DHC Node?
Follow the step-by-step guidance provided in Bool Network's Gitbook. 🔗 https://boolnetwork.gitbook.io/docs/user-guide/alpha-testnet/getting-started
Your deployed DHC node will play a crucial role in ensuring the security, reliability, and decentralization of the network. Join us and make a difference! 🆙
🔍 For more details on how to get started, check out our Medium article: https://medium.com/@boolnetwork/how-to-get-tbol-faucet-guide-for-bool-network-alpha-testnet-39426ae22644
📔 Please note: To uphold the security and stability of Bool Network, participants in the Alpha Testnet are required to stake USDT to receive test tokens. After the testnet concludes, these staked funds will be refunded to the original accounts.
For further inquiries or feedback, feel free to reach out to us via our Discord or Telegram channels. We're here to help! 🧡
Follow the step-by-step guidance provided in Bool Network's Gitbook. 🔗 https://boolnetwork.gitbook.io/docs/user-guide/alpha-testnet/getting-started
Your deployed DHC node will play a crucial role in ensuring the security, reliability, and decentralization of the network. Join us and make a difference! 🆙
🔍 For more details on how to get started, check out our Medium article: https://medium.com/@boolnetwork/how-to-get-tbol-faucet-guide-for-bool-network-alpha-testnet-39426ae22644
📔 Please note: To uphold the security and stability of Bool Network, participants in the Alpha Testnet are required to stake USDT to receive test tokens. After the testnet concludes, these staked funds will be refunded to the original accounts.
For further inquiries or feedback, feel free to reach out to us via our Discord or Telegram channels. We're here to help! 🧡
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🎉 Exciting Announcement! 🎉
We're thrilled to announce our partnership with @bool_official
, a permissionless, decentralized and secure Bitcoin verification Layer.
Take a look at the details 👀👇
We're thrilled to announce our partnership with @bool_official
, a permissionless, decentralized and secure Bitcoin verification Layer.
Take a look at the details 👀👇
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🌟 Attention @Booleans ! 🌟
Exciting news!
🌟 To ensure our users to have better experience in DHC STAKING and cross-chain transactions, we have increased the rewards to 200 tBol per cross-chain transactions.
Use Bool Bridge and our partners' bridge to experience secure and decentralized cross-chain transactions.
Main Bridge
BOOL Bridge: https://boolbridge.com/
Our partners includes:
SAVM Bridge: https://bridge.satoshivm.io/
AIL2 Bridge: https://stake.anvm.io/bridge
B2 Bridge: https://bsquared.boolbridge.com/
✨ Receive 200 tBOL for each cross-chain interaction! Dive into our Gitbook guide for detailed instructions on claiming your free tBol test tokens.
https://boolnetwork.gitbook.io/docs/user-guide/alpha-testnet/token-faucet
⚠️Note: withdraw is temporarily suspended at the moment for AIL2 Bridge and B2 Bridge. Please stay tuned for more updates!
Happy claiming! 🚀💰
Exciting news!
🌟 To ensure our users to have better experience in DHC STAKING and cross-chain transactions, we have increased the rewards to 200 tBol per cross-chain transactions.
Use Bool Bridge and our partners' bridge to experience secure and decentralized cross-chain transactions.
Main Bridge
BOOL Bridge: https://boolbridge.com/
Our partners includes:
SAVM Bridge: https://bridge.satoshivm.io/
AIL2 Bridge: https://stake.anvm.io/bridge
B2 Bridge: https://bsquared.boolbridge.com/
✨ Receive 200 tBOL for each cross-chain interaction! Dive into our Gitbook guide for detailed instructions on claiming your free tBol test tokens.
https://boolnetwork.gitbook.io/docs/user-guide/alpha-testnet/token-faucet
⚠️Note: withdraw is temporarily suspended at the moment for AIL2 Bridge and B2 Bridge. Please stay tuned for more updates!
Happy claiming! 🚀💰
Boolbridge
Bool Bridge
Ultimate bridge
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📢 Partnership Announcement
Exciting news! We're thrilled to announce our partnership with @btctoolpro
! 🍻
BTCTool is the ultimate professional data tool for #Bitcoin and #Ordinals. It specializes in intelligent data analysis, enabling you to track down whale and smart money addresses effectively.
#BoolNetwork is a permissionless, decentralized, and secure Bitcoin verification layer that aims, within the premise of not altering Bitcoin's consensus, to securely decentralize the expansion of the Bitcoin network.
In the future, we will continue our deep #partnership with BTCTool. Together, we aim to build and develop a more robust Bitcoin ecosystem, fostering greater security, stability, and value for the entire blockchain community. Stay tuned for more details! 🛠
Exciting news! We're thrilled to announce our partnership with @btctoolpro
! 🍻
BTCTool is the ultimate professional data tool for #Bitcoin and #Ordinals. It specializes in intelligent data analysis, enabling you to track down whale and smart money addresses effectively.
#BoolNetwork is a permissionless, decentralized, and secure Bitcoin verification layer that aims, within the premise of not altering Bitcoin's consensus, to securely decentralize the expansion of the Bitcoin network.
In the future, we will continue our deep #partnership with BTCTool. Together, we aim to build and develop a more robust Bitcoin ecosystem, fostering greater security, stability, and value for the entire blockchain community. Stay tuned for more details! 🛠
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🥳 We are honored to have the blockchain security team Scalebit under BitsLab, which specializes in providing secure solutions for ZKP, BitcoinLayer2, and cross-chain applications, conduct an in-depth analysis and evaluation of BoolNetwork from three dimensions: framework, modules, and attack surfaces. 🔖🧵
🔗 View full article: HERE
🔗 View full article: HERE
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🎉 Proudly making its mark as a sponsor of the prestigious Bitcoin conference in bustling Hong Kong, we invite you to join us on an electrifying journey on Galxe https://app.galxe.com/BoolNetwork
🚀 Amidst the pulsating atmosphere of innovation and boundless opportunity, we extend a special invitation for you to be part of something extraordinary.
🍀 Discover the allure of our exclusive NFT collection, meticulously curated with captivating designs that transcend the ordinary. Each NFT holds the promise of future airdrops, offering not just rewards but a gateway to endless possibilities.
🌟 With ONLY 2000 coveted spots available, seize the chance to secure your place among the trailblazers of tomorrow's digital landscape.
🍀 Be an early adopter and embrace the revolution reshaping the future of Bitcoin. Don't miss out on this extraordinary experience – join Bool Network at the forefront of innovation, and together, let's shape the future!
🚀 Amidst the pulsating atmosphere of innovation and boundless opportunity, we extend a special invitation for you to be part of something extraordinary.
🍀 Discover the allure of our exclusive NFT collection, meticulously curated with captivating designs that transcend the ordinary. Each NFT holds the promise of future airdrops, offering not just rewards but a gateway to endless possibilities.
🌟 With ONLY 2000 coveted spots available, seize the chance to secure your place among the trailblazers of tomorrow's digital landscape.
🍀 Be an early adopter and embrace the revolution reshaping the future of Bitcoin. Don't miss out on this extraordinary experience – join Bool Network at the forefront of innovation, and together, let's shape the future!
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🍀Key Notes on Bool Bridge:🍀
1. Bool Bridge is committed to establishing an integrated cross-chain bridge within the Bitcoin ecosystem, aiming for enhanced user experiences.
2. Presently, supported Bitcoin Layer 2 solutions encompass SatoshiVM (BTC), B² Network (BTC and BRC-20), and AILayer (BTC and BRC-20).
3. Withdrawal functionality for BTC assets is currently exclusive to SatoshiVM.
4. B² Network now facilitates the withdrawal of BRC-20 assets to Bitcoin.
5. The rollout schedule for other withdrawal functionalities awaits further announcements from respective official channels.
1. Bool Bridge is committed to establishing an integrated cross-chain bridge within the Bitcoin ecosystem, aiming for enhanced user experiences.
2. Presently, supported Bitcoin Layer 2 solutions encompass SatoshiVM (BTC), B² Network (BTC and BRC-20), and AILayer (BTC and BRC-20).
3. Withdrawal functionality for BTC assets is currently exclusive to SatoshiVM.
4. B² Network now facilitates the withdrawal of BRC-20 assets to Bitcoin.
5. The rollout schedule for other withdrawal functionalities awaits further announcements from respective official channels.
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