Bitcoin L2 protocol GOAT Network releases economic model
Claiming to be the "first Bitcoin layer 2 with shared network ownership," GOAT Network has released its economic model. According to the team: "The brief outlines the economic model of GOAT Network, reveals how its BTC layer 2 addresses challenges in security and limited BTC revenue, and uses a decentralized sorter framework with shared rewards to create sustainable BTC returns for BTC holders in BTC numeraire." GOAT Network said: "GOAT Network uses decentralized sorters, BitVM2, and zkVM technology to create a platform that inherits the security of the BTC mainnet while meeting the diverse financial needs of investors."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Grail's Galleri Test Has Large Market Potential Amid Adoption Curve Concerns, RBC Capital Markets Says
Black Mammoth Metals Seeks US Listing
Euro: Stabilizing with policy support – Scotiabank
Salesforce Partner Checks 'Incrementally Positive' on Demand, Mixed on Pricing, RBC Says