Sats Chain, the groundbreaking #Bitcoin L2 utilizes $SATS as gas fees and governance, while also is our attempt to merge:
"โ๐ ๐๐๐ฆ๐๐๐ฅ๐ช-๐ป๐ฃ๐๐ง๐๐ + ๐๐๐๐๐๐ ๐๐ ๐๐ช + ๐๐๐ฃ๐๐๐ฅ๐๐๐"
Ready to explore?๐งต
1/ Sats Chain is the first pre-development platform offering a secure sandbox for developers to test with $BTC and $sats-based applications.
It uses genuine $sats for transaction fees and governance.
2/ Sats Chain integrates BEVM's key features like Taproot Consensus and Byzantine PoS for system state consistency.
The difference? $sats is the sole governance token, enabling community members to stake it and elect validators and custodians.
3/ As an independent L2 for the #SATS community, it's BEVM's latest effort to merge community, technology, and market.
1๏ธโฃUnifying the Community: Since May 2023, BEVM's free inscription tool, BITBOX, has helped inscribe 20% of $sats tokens, showing strong cohesion within the #Ordinals and #Bitcoin community.
2๏ธโฃTesting BEVM-Stack: Our core BEVM-Stack model has attracted interest from over 40 projects. Impressed by the $sats community's enthusiasm, we decided to assist in developing a Bitcoin L2 and test BEVM-Stack with them.
3๏ธโฃTesting BEVM's Decentralized Indexer: We launched it as a pre-dev environment offering early BEVM features, including the first decentralized indexer, to test its decentralization and security.
Key official upgrades of the BEVM mainnet will also be tested first on it.
4/Soon, BEVM will collaborate with the #SATS community to launch more exciting activities.๐ฎ
Of course, BEVM will transfer the responsibilities to the community, achieving a truly community-governed open network.
Read the article here: https://bevm-blog.webflow.io/post/announcing-sats-chain-the-first-community-driven-decentralized-bitcoin-l2-based-on-bevm-stack