Arcana Partners with BOB Network to Make BTC L2 Ecosystem More Accessible

by

Andria Efstathiou

Announcements

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Jun 11, 2024

We are excited to continue our latest expansion into the Bitcoin Layer 2 ecosystem, recognizing the immense potential of these solutions to bring scalability and versatility to the BTC network. Our integration with BOB Network, the pioneering hybrid Layer 2 that merges Bitcoin’s security with Ethereum’s versatility, marks a significant milestone in enhancing user experiences.

BOB (“Build on Bitcoin”) is an innovative BTC Layer 2 stack that offers full EVM compatibility, inheriting Bitcoin’s Proof of Work (PoW) security through a novel merged mining protocol. It supports the complete Bitcoin stack, including Ordinals, Lightning, and Nostr, powered by cross-chain light clients, a universal Bitcoin smart contract SDK, and a Rust zkVM. Moreover, BOB seamlessly connects to Ethereum as an OP stack rollup, providing native access to USDC, USDT, ETH, and other ERC20 tokens, alongside major exchanges with just a single click.

Official Links: Website | Twitter | Telegram | Discord

How Arcana and BOB Network will collaborate

Arcana will add support for BOB Network to its Auth SDK, enabling dApps built on BOB to seamlessly integrate Arcana Auth’s email and social logins. This integration simplifies user interactions, enhances accessibility, and significantly improves conversion rates. By leveraging Arcana Auth, developers can streamline the onboarding process, attract more users, and create a more inclusive and efficient user experience.

With this integration, Arcana Auth will also facilitate the use of any dApp on BOB by native BTC users. Users will be able to effortlessly access the BOB Network using their social logins, removing barriers and fostering inclusivity. This connected approach ensures that as developers integrate Arcana Auth, users simultaneously benefit from a smooth and user-friendly experience, making it easier for them to navigate and interact with the BOB Network.

This collaboration expands the support of Arcana Network to the BTC L2 ecosystem and creates new avenues for driving the mass adoption of Bitcoin Layer 2 solutions. Together we are exploring the infinite possibilities of the Bitcoin ecosystem!

Quote from BOB Network & Arcana

“We are delighted to have Arcana’s auth SDK integrated to the BOB network as we empower builders with the best in class tools & pave the way for the next generation of Bitcoin innovation.” - Alexei Zamyatin, Co-founder of BOB

"Our expansion to BOB Network further highlights our commitment to simplifying user experiences within the Bitcoin Layer 2 ecosystem and empowering Bitcoin L2 solutions to reach their full potential." - Mayur Relekar, Co-founder and CEO of Arcana Network.

About Arcana Network‍

Arcana Network is building a modular L1 to power Chain Abstraction and intents, helping developers significantly improve user experience in Web3. Since 2021, we've introduced three groundbreaking products.

First up is Auth SDK, a decentralized social login to generate non-custodial Wallets. It is the fastest social login in web3, with a sub-3-second login time, and is free of cost. Games and consumer apps widely use auth SDK to simplify web3 user onboarding. Get a secure, in-app wallet, instantly, with no passwords or installations needed. 

Next, Arcana Gasless is based on ERC-4337 Account Abstraction and enables developers to sponsor gas fees for users. 

Our third product, SendIt, is a consumer app that redefines crypto payments by allowing users to send crypto to an email address, making transactions effortless and inclusive. SendIt has partnered with BNB and OKX.

Arcana has raised $4.5M from 40+ leading investors including Balaji S, Founders of Polygon, John Lilic, Santiago Roel, and funds like Woodstock, Republic, Fenbushi, Polygon ventures, DCG, and others.

Official Links:  Website | Telegram | Twitter | GitHub | Discord

May 20, 2024
Announcements

by

Andria Efstathiou

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Copyright © Arcana Technologies Ltd. All rights reserved.

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Copyright © Arcana Technologies Ltd. All rights reserved.

Schedule a Demo

The call is completely free and no commitment is required.

Schedule a Demo

The call is completely free and no commitment is required.

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The call is completely free and

no commitment is required.