Decentralized execution
The entire Data Consensus Protocol is executed within exSat’s smart contracts, ensuring that all operations are decentralized and trustworthy. This results in two key outcomes:
The UTXO data is reliable and trustworthy.
When DApps parse Bitcoin transactions within the smart contracts, the parsed results are also trustworthy.
This establishes a solid data trust for extending Bitcoin through DApps. As long as the DApp’s smart contract code is reliable, any data derived from processing Bitcoin's raw data on exSat is also trustworthy. This provides a data trust for expanding Bitcoin’s use cases. For example, if a DApp is handling Bitcoin asset protocols like Runes, the assets recorded in the DApp's contract are considered trustworthy. This allows for the decentralized asset index to be seamlessly created through exSat’s Data Consensus Protocol.The entire Data Consensus Protocol is executed within exSat’s smart contracts, ensuring that all operations are decentralized and trustworthy. This results in two key outcomes:
The UTXO data is reliable and trustworthy.
When DApps parse Bitcoin transactions within the smart contracts, the parsed results are also trustworthy.
This establishes a solid data trust for extending Bitcoin through DApps. As long as the DApp’s smart contract code is reliable, any data derived from processing Bitcoin's raw data on exSat is also trustworthy. This provides a data trust for expanding Bitcoin’s use cases. For example, if a DApp is handling Bitcoin asset protocols like Runes, the assets recorded in the DApp's contract are considered trustworthy. This allows for the decentralized asset index to be seamlessly created through exSat’s Data Consensus Protocol.
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