New protocol designed to address liquidity fragmentation and lack of Bitcoin (BTC) usage in DeFi segment
By facilitating direct queries of Bitcoins and ecosystem token balances, exSat enables a seamless flow of assets and information across different networks and Bitcoin-based layer-2 scalers.unveils a Data Consensus Extension Protocol, powered by a hybrid consensus mechanism that merges proof of work , proof of stake and delegated proof of stake . This powerful combination is set to enable the seamless and secure enhancement of Bitcoin’s functionalities.
As a result, this innovative mechanism guarantees reliable decentralized state data indexing for Bitcoin ordinals and other ecosystem assets, utilizing EOS RAM for high-speed access and low-latency storage. By supporting full Ethereum Virtual Machine compatibility, exSat offers a platform where developers can create complex smart contracts with lower gas fees, thereby significantly enhancing the scalability and utility of the Bitcoin ecosystem.exSat offers a scalability solution to enhance the functionality of the Bitcoin ecosystem by integrating a smart contract platform with a couple of modern instruments.
Most importantly, it achieved full EVM compatibility for Solidity developers with higher performance and lower gas fees. Also, it supports various assets as potential gas tokens: fee support is offered for Bitcoin , Ordinals, Ethereum and stablecoins.Gaming, Stablecoins and Product Innovation Take the Stage at Sui Basecamp, Inaugural Global Conference for the Sui Ecosystem
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