Hybrid Consensus Mechanism
Ensuring accurate synchronization of Bitcoin blocks into exSat is essential for extending the Bitcoin ecosystem within exSat. exSat uses a decentralized consensus mechanism that combines PoW and PoS to guarantee the synchronization. All consensus-related code and data are open-source, allowing anyone in the community to audit and verify them.
By parsing Bitcoin block data through smart contracts, exSat can map and track all Bitcoin-based assets, including UTXOs and assets derived from protocols like Ordinals and Runes. When combined with decentralized asset custody, this approach creates new opportunities for Bitcoin-based DApps, fostering further growth of the Bitcoin ecosystem.
PoW Integration from Native Involving BTC Miners
By engaging Bitcoin miners in the exSat ecosystem, the platform utilizes the well-established security framework of Bitcoin to maintain data integrity across the network.
PoS Validators by BTC Staking
This mechanism brings additional validation layer, where validators stake crypto assets to participate in network governance and block verification, thus enhancing the networkβs resilience and alignment with participants' vested interests.
Data Consensus Extension Protocol
By parsing and storing the data into exSat, a decentralized state index database for various Bitcoin ecosystem assets is realized.
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