Introduction

📜 TL;DR:

The Hemi Network is a modular Layer-2 protocol for superior scaling, security, and interoperability, powered by Bitcoin and Ethereum.
Whereas other projects approach Bitcoin and Ethereum as ecosystem silos, Hemi views them as components of a single supernetwork. This unlocks new levels of programmability, portability, and potential.
At Hemi's core: the Hemi Virtual Machine (hVM), which incorporates a full Bitcoin node within an Ethereum Virtual Machine.
Combined with the Hemi Bitcoin Kit (hBK), developers have a familiar yet powerful platform for creating Hemi decentralized applications (hApps).

The Hemi Network represents a different way of thinking about Layer-2 scaling, by approaching Bitcoin and Ethereum as components of a supernetwork versus .
This modular protocol aims to scale these networks and maximize their utility, creating a more connected and efficient blockchain ecosystem.
Through features such as the hVM, Hemi equips developers with robust tools for building next-generation dApps with Bitcoin and Ethereum interoperability.

Ease of Development
The Hemi Virtual Machine (hVM) integrates a full Bitcoin node within an Ethereum Virtual Machine (EVM), providing developers with a familiar programming interface while harnessing the power of both Bitcoin and Ethereum.
Bitcoin Programmability
Building with the Hemi Bitcoin Kit (hBK) provides smart contracts with highly granular indexed views of Bitcoin state, unlocking Bitcoin DeFi applications were previously impractical or impossible to execute via an EVM.
Bitcoin Superfinality
Hemi's Proof-of-Proof (PoP) consensus mechanism ensures transactions surpass Bitcoin's level of security in just a few hours.
Trustless Cross-chain Portability
The hVM's unique awareness of Bitcoin's and Ethereum's states enables secure, seamless asset transfers between Hemi and other chains through its "Tunnels" feature.
Extensibility
Hemi allows external projects to create their own chains secured by Hemi's technology, facilitating Bitcoin-Security-as-a-Service and enhancing dual-chain interoperability.
Superior Asset Handling
Advanced on-chain functionalities, including routing, time-lock, and password protection, are made possible through Hemi, elevating asset management and security.

Last updated 8 days ago