
International Bitcoin Virtual Machine IBVM
SoonIBVM - The first Bitcoin ZK Rollup L2 Protocol with UTXO Partitioning technology.
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Project Description
Roadmap
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Q4 2024 - Q2 2025
Phase 1 Research & Prototyping
Develop a robust method to launch BTC layer 2 Develop a IBVM which acts a testnet for layer 2 chain Develop Escrow solutions Develop DeFi (lending based Solutions architecture Develop Swap and cross chain features Develop Staking and reward mechanism Develop ZK rollup architecture and check compressions Deployment of core functionalities such as deposit, withdrawal, and transfer. Prepare marketing collaterals and strategic tie-ups
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Q2 2025
Phase 2 Testnet & Early Integration
Launch of a robust testnet for initial validation. Deployment of core functionalities such as deposit, withdrawal, and transfer Integrate the Phase 1 products and solution to the layer 2 chain Prepare for the launch event
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Q3 2025
Phase 3 Mainnet Launch & Ecosystem Expansion
Transition to the mainnet with integrated DApp support Rollout of decentralized swap, and lending functionalities. Fully optimized layer 2 with all Dapps - Lending, Escrow, cross chain bridges and enables community to build their tokens/dapps on our layer 2 chain Enable cross-rollup operations and multi-chain interoperability Public Launch with Liqudity pools and multi exchange listings