Odaily Mirror L2 has officially changed its name to Mirror Staking Protocol, which will focus more on providing a decentralized and secure BTC staking solution for BTC L2 projects, ensuring that BTC is safely transferred to L2 and shared on BTC L2. The Mirror Staking Protocol uses an Overlap Packet Multisig (MSG) algorithm that is managed by hundreds or thousands of nodes, which has been published in a top-level conference paper. This is also a practice of modular blockchain design, generating mBTC that is 1:1 anchored to BTC is EVM-compatible and empowers the restaking mechanism. Mirror provides a secure and decentralized BTC staking solution for BTC L2 projects, and Mirror and BTC L2 projects are in an upstream and downstream collaborative relationship. Mirror plans to build TVL and ecosystem alongside other BTC L2 projects through the "Stake Once, Earn Twice" campaign.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Mirror L2 was renamed Mirror Staking Protocol to build the Bitcoin ecosystem with other BTC L2
Odaily Mirror L2 has officially changed its name to Mirror Staking Protocol, which will focus more on providing a decentralized and secure BTC staking solution for BTC L2 projects, ensuring that BTC is safely transferred to L2 and shared on BTC L2. The Mirror Staking Protocol uses an Overlap Packet Multisig (MSG) algorithm that is managed by hundreds or thousands of nodes, which has been published in a top-level conference paper. This is also a practice of modular blockchain design, generating mBTC that is 1:1 anchored to BTC is EVM-compatible and empowers the restaking mechanism. Mirror provides a secure and decentralized BTC staking solution for BTC L2 projects, and Mirror and BTC L2 projects are in an upstream and downstream collaborative relationship. Mirror plans to build TVL and ecosystem alongside other BTC L2 projects through the "Stake Once, Earn Twice" campaign.