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Tuna Chain: A pioneering Layer 2 solution on the BTC network
Although BTC remains the most trusted cryptocurrency, its inherent design limitations restrict its capabilities in complex smart contracts and advanced applications. This limitation has become a major obstacle to the evolution of BTC, limiting its potential to surpass digital money. On the other hand, Ethereum provides a versatile EVM functionality, allowing the creation and execution of complex smart contracts, but lacks the security and trust accumulated by BTC over the years. This duality in the world of digital money creates a gap, urgently requiring a solution that combines the strengths of both.
This is the role of Tuna Chain. The concept of Tuna Chain is designed to fill this gap. It ambitiously aims to integrate EVM compatibility into BTC's Layer 2 framework, thereby expanding the possibilities of BTC's applications and utilities.
What is Tuna Chain?
Source: Tuna Chain Website
Tuna Chain is the first Layer 2 solution on the BTC network, aiming to redefine the boundaries of blockchain capabilities. It is a unique platform that combines BTC's unparalleled security with ETH's versatile EVM functionality by leveraging the hybrid ZK-OP layer. Tuna Chain is more than just a concept; it is a transformative solution that brings new possibilities for the applications and utility of BTC.
Mission & Vision of Tuna Chain
Tuna Chain's vision is to revolutionize the blockchain landscape by combining the security of BTC with the versatility of ETH Shop EVM. Its mission is to bridge the gap between these two leading Cryptocurrencies, using their respective strengths to create a secure, powerful, and innovative Платформ.
Tuna Chain envisions a future where the application and utility of Bitcoin (BTC) are not limited to Digital Money. It aims to extend the capabilities of BTC to enable hosting of complex smart contracts and advanced applications, a feat previously achievable only through the Ethereum (ETH) network.
Tuna Chain Team
Technology Behind Tuna Chain
Modularization The architecture of Tuna Chain is powered by Celestia and adopts a modular design. This modular approach effectively addresses the data availability challenges associated with layer-two solutions. Tuna Chain creates a trust-minimized ecosystem by leveraging advanced technologies such as two-dimensional Reed-Solomon erasure coding and Namespace Merkle Trees (NMTs). This significantly reduces the Transaction Cost for end users and greatly improves overall network efficiency.
ZK-OP layer The cornerstone of the Tuna Chain execution layer is the innovative hybrid ZK-OP (Zero-Knowledge Optimistic Rollup) solution. This layer ensures EVM compatibility, allowing Tuna Chain to move towards a complex ZK-OP hybrid architecture. The ZK-OP layer provides lightning-fast, secure transaction processing and powerful Smart Contract execution, revolutionizing Blockchain technology.
Tuna original Stable Coin - $Toro Tuna Chain, powered by $Toro, is a specially designed stablecoin aimed at meeting user demand. Users can collateralize BTC to obtain $Toro, meaning they can exchange BTC for a stable Digital Money. $Toro is not only a stablecoin; it is also the currency used for transactions on the Tuna Chain network.
The connection between $Toro and BTC provides users with the benefit of earning Interest on BTC holdings without selling BTC. This means that users can achieve higher investment returns without giving up BTC.
Operational Updates on Tuna Chain
As an extension of the BTC network, Tuna Chain broadens its functionality through innovative second-layer solutions while maintaining the basic security of BTC. This enables Tuna Chain to provide a secure, scalable, and efficient platform for executing smart contracts and processing transactions.
Trading Mechanism Transaction processing on the Tuna Chain involves meticulous sorting and processing of transactions, which are then securely published to the data availability layer (Celestia) and undergo final state confirmation on the BTC Block on-chain. Validators ensure data consistency and promptly submit fraud proof in case of discrepancies to maintain the integrity and security of the network. The Tuna Chain utilizes Optimistic Rollup (OP) and Zero-Knowledge Rollup (ZK) to enhance scalability. The recent Taproot upgrade on the BTC network has opened up new possibilities for enhancing native asset security, which the Tuna Chain leverages to protect native assets and enhance network security.
How does Tuna Chain work?
BTC's Layer 2 rolling solution and operation mechanism Tuna Chain uses a hybrid ZK-OP (Zero-Knowledge Optimistic Rollup Upgrade) method to enhance the capabilities of Bitcoin. This Layer 2 solution combines the EVM (Ethereum Virtual Machine) functionality of Ethereum with the strong security of Bitcoin. By using rollup technology, Tuna Chain can bundle multiple transactions into one batch, reducing the burden on the BTC mainchain and significantly dropping the Transaction Cost. This approach ensures faster and more efficient processing while maintaining high security standards.
Protecting Native Assets on BTC: Leveraging the Taproot Upgrade Taproot is an important upgrade for BTC, which improves the privacy and efficiency of Tuna Chain. It allows complex transactions to appear as simple transactions, thereby enhancing security and reducing Money Laundering. Tuna Chain utilizes Taproot to enable more complex Smart Contract and Multi-signature transactions to protect native assets. This upgrade ensures that assets on Tuna Chain are protected through advanced encryption technology, making it a reliable Decentralization application platform.
Transaction lifecycle on Tuna Chain The transaction lifecycle on Tuna Chain begins with initiating transactions on the second layer network. The transactions are then batched with other transactions into a rolling batch. This batch is processed off-chain, with Zero-Knowledge Proof (ZKP) verifying the validity of each transaction without revealing sensitive information. Once verified, the batch is submitted to BTC mainchain for final Settlement. This process ensures fast, secure, and cost-effective transactions while leveraging the advantages of BTC and Ethereum.
Getting Started with Tuna Chain's Ocean Trio
Tuna Chain's Ocean Trio is an exciting journey, divided into three captivating stages. Each stage offers participants unique activities to earn rewards through a point system. By actively participating in these stages, users can earn points and rewards, contributing to the growth and development of Tuna Chain.
Calm Waters The initial phase 'Calm Waters' has been launched. This phase introduces participants to the basic knowledge of Tuna Chain, provides basic activities, and helps users become familiar with the platform and its functions.
Whimsical Tides The second phase, Whimsical Tides, has also been launched, bringing more advanced features and activities. As part of the Tuna Chain Testnet, Whimsical Tides allows users to explore and test new features, and provide valuable feedback to help improve the platform.
Majestic Depths The final stage, Majestic Depths, promises to offer the most complex and rewarding activities. This stage will fully unleash the potential of the Tuna Chain, providing users with a comprehensive and immersive experience. Whether you want to explore the Tuna Chain ecosystem, earn points, or participate in friendly competition, this step-by-step guide will help you get started.
Once you explore the point website, you will find a series of tasks designed to help you earn points. These tasks vary in complexity and nature, allowing you to gain a deeper understanding of Tuna Chain and its partners while earning rewards.
The more tasks you complete, the more points you earn, which not only gives you a competitive advantage on the leaderboard, but also deepens your interaction with the ecosystem.
By linking your EVMAddress with BTC TaprootAddress, you can maximize your ability to complete tasks and earn points, thereby participating in cross-network activities.
Tuna DAO
Tuna DAO aims to empower the TunaChain ecosystem and provide opportunities for builders and contributors to participate in and shape the future of the platform. Members can stake $TUNA, receive Airdrops, earn stake rewards, gain voting rights, submit proposals, and manage the Tuna treasury through participation.
Key Features of Tuna DAO
How to obtain voting rights Obtaining voting power in Tuna DAO is very simple. Members gain voting power by staking $TUNA, and the voting power increases with the amount of $TUNA staked and the staking time. This system ensures that those who are most committed to the platform have greater influence.
Proposal submission process Submitting a proposal in Tuna DAO is a structured process. A minimum of 2,000 voting power is required to submit a proposal. The proposal follows a 7-day timeframe, including one day for preparation and six days for voting. At the start of the voting, a Snapshot of the voting power balance will be taken to ensure fairness and transparency.
Tokenomics of Tuna Chain
The unique Tokenomics of Tuna Chain embodies its innovative approach in the encryption field. The ecosystem operates around three main Tokens: $TUNA, $TORO, and $WOOG, each with its unique purpose.
$TUNA
$TUNA is the governance Token of Tuna Chain. It grants holders the voting rights, enabling them to participate in the decision-making process and influence the future direction of the platform. \ $TUNA's total supply is limited to 210,000,000 Tokens, distributed as follows:
$TORO $ TORO is the native stablecoin of Tuna Chain. Although more details about $ TORO have not been released, it is expected to play a key role in maintaining the economic stability of the Tuna Chain ecosystem.
$WOOG $WOOG, as a unique channel to enter the Tuna Chain ecosystem, aims to provide holders with a first-hand experience of a diverse ecosystem. The total supply of $WOOG is limited to 1000 Tokens. 200 $WOOG Tokens will be distributed in the Bybit BRC20 inscription launch event, while the remaining 800 $WOOG Tokens will be sealed and unlocked only by external factors in subsequent activations.
Conclusion
Tuna Chain represents a groundbreaking development in the blockchain field. It combines the unparalleled security of BTC with the multifunctional EVM functionality of ETH.
By leveraging innovative technologies such as Zero-Knowledge Optimistic Rollup (ZK-OP) and Celestia's modular architecture, Tuna Chain addresses the limitations of BTC in terms of scalability and functionality while ensuring strong data availability and Transaction Cost drop.