Name : SatoshiVM (SAVM)
SAVM Price : $3.782 -0.59%
Consensus Mechanism : Proof of Work
Volume: 1,075,280
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Last Screening: Q1 2024
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Overview
SatoshiVM introduces a decentralized Bitcoin ZK Rollup Layer 2 solution, seamlessly compatible with the Ethereum Virtual Machine (EVM) ecosystem, and utilizing native BTC as gas. This groundbreaking blockchain, SatoshiVM, aims to enhance Layer-2 (L2) block verification on Bitcoin, employing Rollup technology to bundle multiple transactions into a single batch for validation on the Bitcoin main network. Meticulously crafted, SatoshiVM ensures accurate execution of L2 blocks, positioning Bitcoin as a secure settlement layer for L2 transactions. Leveraging Taproot features, it allows the representation of complex function executions through a single hash. The integration of SVMZK within SatoshiVM prevents transaction reordering, enhancing the blockchain's robustness. Operating as an EVM-compatible network, SatoshiVM bridges BTC and SAVM through official bridges, offering a Testnet for experimentation without risking real assets. The Testnet, along with the Faucet developer tool and Savmswap, the first DEX on SatoshiVM Testnet, collectively provides a comprehensive ecosystem for developers and users to explore and engage with the platform.
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