BSquared Network

B² Network is used to improve the scalability and utility of Bitcoin by enabling faster, lower-cost transactions and supporting the deployment and migration of decentralized applications, including DeFi, NFTs, and SocialFi. Its zkEVM enables compatibility with Ethereum-based DApps, and the platform supports cross-chain interaction through its bridge functionality. Transaction verification occurs on Bitcoin through a challenge-response system linked to Taproot-anchored commitments. Users interact through abstracted accounts with configurable permissions, while data availability is maintained via decentralized storage nodes and validator systems.

The B2 token is the native utility and governance token of the BSquared Network, a Layer-2 scaling solution for Bitcoin. It is used to pay transaction fees within the B² Hub and its rollups, incentivize validators through staking, and enable community participation in protocol governance. B2 also supports future functionality, such as sequencer staking and interoperability with additional rollups. The token has a capped total supply of 210 million, with allocations designated for ecosystem incentives, investors, team members, and liquidity provision, governed by structured vesting schedules to ensure long-term sustainability.