SatLayer
SatLayer is a protocol focused on enhancing Bitcoin's security and scalability by enabling a decentralized layer for validators. By providing this layer, SatLayer aims to improve the security of Bitcoin’s consensus mechanism, reducing risks associated with centralization. The protocol leverages a system that allows for more decentralized participation in Bitcoin validation, contributing to the long-term resilience and security of the network. This includes the introduction of Bitcoin Validated Services (BVSs) and enables restaking, enhancing Bitcoin's security and utility within the blockchain ecosystem.
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Key Info
- 2024 Founded
Activity Timeline
Team
Investments
Pre-seed
Aug 22, 2024
8,000,000