BEVM Announces the Launch of Sats Chain and SATS Token!

Bittime - BEVM, an EVM-compatible Layer 2 Bitcoin network, announced the launch of Sats Chain on July 25. This development platform is based on BEVM technology and uses $SATS as a gas fee and governance token.  

Main Features of Sats Chain

Sats Chain integrates several key features of BEVM, including Taproot consensus and Byzantine Proof of Stake (PoS). These features are designed to improve network security and efficiency, as well as provide developers with powerful tools for testing their applications.

The Role of $SATS Token in the Sats Chain Ecosystem

Token $SATS serves as the primary token in the Sats Chain ecosystem. This token is not only used to pay transaction fees, but also acts as a governance token. This means $SATS holders have a say in important decisions regarding the development and management of the platform.  

Interest from Other Projects

BEVM revealed that more than 40 projects have shown interest in their technology. This shows that Sats Chain has the potential to become a highly adopted development platform in the Bitcoin ecosystem. BEVM also expressed its commitment to working with the SATS community to achieve full community governance.

Advantages of Sats Chain as a Development Platform

Sats Chain is the first development platform to offer a secure sandbox for developers to test $BTC and $SATS based applications. By using real $SATS for transaction fees and governance, Sats Chain ensures that testing is conducted under conditions that reflect the real environment. This is especially important for developers who want to ensure that their applications will function properly when released to the main network.

BEVM Mainnet Update Testing on Sats Chain

All major official updates of BEVM mainnet will be tested first on Sats Chain. This means that developers working on Sats Chain will get early access to the latest technology and updates from BEVM. This way, developers can ensure that their applications are always up-to-date with the latest innovations in the ecosystem.

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