What is Bool Network? Get support from 3 major exchanges

Bittime - Bool Network is a Bitcoin verification layer that converts all blockchains into Layer 2 Bitcoin. With innovative technology, Bool Network offers seamless interoperability across multiple blockchain ecosystems.

What is Bool Network? 

Bool Network is an open, decentralized and secure Bitcoin verification layer. 

Using Multi-Party Computation (MPC) and Zero Knowledge Proof (ZKP)-based distributed key management, Bool Network enables developers to build fast, reliable, and scalable Layer 2 Bitcoin blockchains. 

Bool Network combines the security features of Bitcoin into a comprehensive solution that makes cross-chain interactions easy.

Read also: Get to know the Goldfinch Coin (GFI) and its Tokenomics

Bool Network Architecture 

Bool Network consists of three main modules: Dynamic Hidden Committees (DHC), BoolChain, and External Relayers.

1. Dynamic Hidden Committees (DHC): Serves as a security guard on the Bool Network, ensuring cross-chain messages are secure.

2. Bool Chain: A public blockchain that records the life cycle and activity of DHC on the network.

3. External Relayers: The participant responsible for sending transactions to the destination network within the Bool Network.

Bool Network Support for the Bitcoin Ecosystem 

Bool Network provides several key benefits to the Bitcoin ecosystem:

• Low Cost: Cross-chain verification on Bool Network is highly efficient, comparable to the cost of single on-chain signature verification.

• High speed: Bool Network optimizes its design to speed up cross-chain transactions, improving user experience.

• High Security: With a sophisticated security model, Bool Network protects assets and data from hacker attacks and internal conspiracies.

• Availability: Bool Network ensures continuous operations with backup Dynamic Hidden Committees (DHC).

• Generalization: Bool Network supports a wide range of asset types, enabling seamless cross-chain exchanges.

• Scalability: Fast integration with mainstream blockchains and non-Turing complete chains like Bitcoin makes Bool Network a powerful infrastructure.

Support from 3 Major Exchanges 

Bool Network has support from three major exchanges further strengthening its position in the crypto industry. With this support, Bool Network is poised to become the premier platform in cross-chain verification and Layer 2 solutions for Bitcoin.

Conclusion 

Bool Network offers an innovative and reliable solution to cross-chain verification problems by integrating the latest technologies such as MPC, TEE, and ZKP. 

With support from major exchanges, Bool Network is on track to become a major player in the Bitcoin and blockchain ecosystem in general.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

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