We are pleased to announce that Elastos, under the BeL2 initiative, will be attending the Bitcoin Conference in Nashville, taking place from July 25-27, 2024, at the Music City Center, less than two weeks away! This participation is the result of a collaborative effort supported equally by our Cyber Republic (our DAO) via Proposal 145 and the Elastos Foundation, spearheaded by Mark Blair, longstanding CR Council Member and Head of Strategy at BeL2. In this article, we outline why this is so important for us, the details of our participation and how you can get involved! Let’s dive right in!
Elastos is dedicated to transforming Bitcoin into a smart, versatile asset while preserving its core principle of decentralisation. BeL2 is a powerful new technology that leverages zero-knowledge proofs (ZKP) and a decentralised clearing network to enable advanced DeFi applications for native Bitcoin (NB). The mission is to maintain Bitcoin’s integrity as the ultimate decentralised system while unlocking its potential for complex financial transactions, staking, and smart contracts.
BeL2 achieves this through a unique model where information, not assets, is transmitted across chains. This ensures that Bitcoin remains on its main network, maintaining its security and decentralisation. By utilising light client verification and zkBTC full nodes, BeL2 supports a range of Layer 2 applications, from lending to stablecoin issuance, paving the way for a new decentralised financial system akin to the historical Bretton Woods system, which, rather than being backed by gold, is backed by the 21st-century digital gold equivalent, Bitcoin.
Prime Location: Visit Elastos at Booth 621
Our booth at the conference has been officially confirmed, and we have secured a prime location on the conference floor. Booth 621 is the first large booth on the left as you enter, conveniently situated near the entrance, main stage, and the “Nakamoto Stage.” It’s also adjacent to the “Zen Lounge,” ensuring high visibility and foot traffic. This strategic positioning allows us to showcase our innovative solutions to a large audience, expected to be over 35,000 attendees!
At our booth, visitors will find exciting merchandise, fun giveaway prizes, and interactive games, including a spin-the-wheel activity. We will showcase alongside Elastos partners and stakeholders and also distribute a brochure (attached in this article) that highlights Elastos and its significant relationship with Bitcoin, emphasising ELA’s status as a merged-mined coin with over 50% of Bitcoin’s hash power. Sasha Mitchell, the Head of BeL2 and founder of Elacity, will be speaking at the event, providing deeper insights into our technologies and future plans. The event will feature influential leaders such as Donald Trump, Robert F. Kennedy Jr., Cathie Wood, Michael Saylor, Russell Brand, and Edward Snowden. This year is shaping up to be a very interesting event, given the US elections in November and Web3 becoming political.
BTC Nashville represents an important moment for Elastos and the BeL2 project as we continue to push the boundaries of what Bitcoin can achieve. We invite everyone to visit our booth, engage with our team, and get excited for the future of decentralised finance with Elastos and BeL2. For more information about our participation and updates, stay tuned to our official channels. We look forward to seeing you in Nashville on the 25th! Excited to learn more? Follow Infinity for the latest updates, we will keep you updated throughout the whole week!
