What factors determine the credibility of Bitcoin infrastructure projects? Taking the early attempts of Bitcoin Everlight as an example
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According to a report by Bijie Network: Nowadays, the evaluation criteria for Bitcoin infrastructure projects are no longer limited to vision alone, but focus on verifiable progress and clear practicality. Bitcoin Everlight is a lightweight transaction layer that has released detailed technical documentation, completed a third-party security audit, and requires formal identity verification for its team members. Its network operates through decentralized nodes that stake BTCL tokens, with routing priority and fees determined by performance metrics. The fixed supply of BTCL tokens is 21 billion, and in the current second phase of the public presale, 45% of the tokens are priced at $0.0010. Its utility is closely tied to transaction routing and node participation within the Bitcoin ecosystem.
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