TechFlow news: The blockchain network Elastos has announced the launch of BeL2, a Layer 2 network for Bitcoin.
BeL2 will enable more complex transactions on Bitcoin than the base Bitcoin blockchain, including smart contracts and irreversible digital agreements. These smart contracts can be fully defined, managed, tracked, and modified on Bitcoin without intermediaries.
The network also allows users to directly stake Bitcoin within services, earning rewards when interacting with applications built on BeL2.




