Satoshi

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28 Feb 2024
23

SatoshiVM is a decentralized Bitcoin ZK Rollup Layer 2 solution compatible with the Ethereum Virtual Machine (EVM) ecosystem, using native BTC as gas. Empowered with the ability to connect both Bitcoin and EVM ecosystems, it seamlessly merges the value anchoring of BTC with the programmability of EVM, bringing infinite possibilities to the evolution of the new ecosystem.

Innovation-driven

SatoshiVM closely monitors the development of emerging technologies within the industry, committed to integrating the advantages of these technologies with its own characteristics. We continuously explore new possibilities to enhance SatoshiVM's capabilities. Recognizing the crucial role of rapid technological evolution in project development, we actively seek and adopt new technologies that can elevate SatoshiVM, ensuring that we remain at the forefront of the industry and provide users with an outstanding experience.
Currently, SatoshiVM possesses the following technological features:

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  2. ZK EVM: SatoshiVM introduces a versatile ZK Rollup incorporating EVM for off-chain computations. This implies that users can interact with SatoshiVM much like they would with Ethereum, and developers can seamlessly build on top of SatoshiVM, mirroring their Ethereum development experience.
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  4. ZK Rollup: SatoshiVM leverages Rollup technology to bundle multiple transactions into a consolidated batch, validating them on Bitcoin as a single transaction. This ensures a level of security equivalent to Bitcoin, ensuring data validity and availability.
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  6. ZK Verification: SatoshiVM, based on the BitVM framework, introduces an enhanced scheme that uses Taproot scripts to verify the execution of arbitrary functions without modifying the consensus rules of Bitcoin. This approach can effectively ensure the validity of transactions within SatoshiVM.
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  8. Data Availability: SatoshiVM is required to publish transaction data on Bitcoin, allowing anyone to independently verify the accuracy of computations performed off Bitcoin. This not only ensures transparency but also guarantees that, in extreme scenarios, users can still withdraw assets locked on Bitcoin by relying on the data and state persistently stored on Bitcoin.
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  10. BTC Native Gas: Similar to Ethereum OP Rollup/ZK Rollup Layer 2 solutions that use ETH as gas for Layer 2, SatoshiVM employs BTC as the gas for EVM transactions.

Community-driven

SatoshiVM is a community-driven project, and we look forward to achieving long-term stability and development of the protocol through the collaborative efforts of the community and the project. We firmly believe that community engagement and cooperation are key to the project's success.
SatoshiVM places a strong emphasis on early users and collaboration with ecosystem partners. We encourage their active contribution to the project. In SatoshiVM's Tokenomics and future decision-making, we will always prioritize the interests of all community participants. We are committed to establishing an open and transparent community to ensure fairness in the decision-making process, while fully respecting the community's voice, aiming for mutual long-term success.

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