Description
Base Tech, functioning as a Bitcoin Layer-2 (L2), empowers smart contracts and decentralized applications to leverage Bitcoin as a secure foundational layer. It introduces programmability and DeFi to Bitcoin, aiming to unlock over $300 billion in potential capital and foster the Bitcoin economy through innovative layers. Base Tech's consensus mechanism, Proof of Transfer, acts as a bridge between the Base layer and Bitcoin, ensuring robust security and enabling applications to leverage Bitcoin's inherent security features.