According to Foresight News, Bitcoin L2 project BEVM has released the Taproot Consensus technical yellow paper. Taproot Consensus is an innovative design proposed by BEVM, which combines Schnorr signatures and MAST brought by Bitcoin's Taproot upgrade, Bitcoin SPV light nodes, and BFT PoS consensus mechanism to build a decentralized and highly consistent L2 network. The yellow paper aims to provide a detailed technical reference so that developers and researchers can accurately understand its decentralized Bitcoin L2 solution.
Foresight News previously reported that BEVM completed its seed round of financing and part of its Series A financing in March this year, with a financing amount of tens of millions of dollars. Nearly 20 institutions including ArkStream Capital participated in the investment, and the post-investment valuation was US$200 million.
