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Protocol Village: Blockchain Project Elastos Announces 'BTC Oracle' for Bitcoin L2

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Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.

, announced BTC Oracle,"a radical new solution that will enable every EVM-compatible blockchain to be a Bitcoin L2, the most comprehensive solution for cross-chain operability involving Bitcoin and EVM blockchains yet." According to the team:"The BTC Oracle is part of Elastos’s BTC L2, 'BeL2,' the first BTC L2 to enable the direct development and management of Bitcoin-native smart contracts.

According to the team:"The hackathon encouraged the development of the VeBetterDAO platform, a sustainable ecosystem designed to incentivize enterprise and individual positive impact and resulted in 50+ X-2-Earn projects. VeChain track winner: Meatless, an app that incentivizes buying sustainable food products BCG track winner: EcoNex, an app promoting eco-friendly travel Pitch-a-thon track winner: LogiQ, an app designed to streamline trucks freight-sharing.

 

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