Bitcoin L2 protocol GOAT Network releases economic model
Claiming to be the "first Bitcoin layer 2 with shared network ownership," GOAT Network has released its economic model. According to the team: "The brief outlines the economic model of GOAT Network, reveals how its BTC layer 2 addresses challenges in security and limited BTC revenue, and uses a decentralized sorter framework with shared rewards to create sustainable BTC returns for BTC holders in BTC numeraire." GOAT Network said: "GOAT Network uses decentralized sorters, BitVM2, and zkVM technology to create a platform that inherits the security of the BTC mainnet while meeting the diverse financial needs of investors."
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