The Architecture
📜 TL;DR:
The Hemi Network operates four kinds of specialized nodes: Bitcoin finality governors, Bitcoin-secure sequencers, Proof-of-Proof miners, and a modified Geth node.
The network’s nodes maintain its EVM and ensure decentralized operability across Bitcoin, Ethereum, and other EVM-compatible chains.
🌐 Overview
The Hemi Network connects to both the Bitcoin and Ethereum networks, allowing asset portability across both, enabling a third-party cross-chain ecosystem. To create this highly secure multichain ecosystem, the Hemi Network operates several kinds of decentralized nodes: Bitcoin finality governors, Bitcoin-secure sequencers, Proof-of-Proof miners, and a modified Geth node.
🛡️ Bitcoin Finality Governors (BFGs)
Regulate the network's security status by analyzing Bitcoin blocks for Hemi Network state proofs.
Determine the network's finality status, ensuring security.
Coordinate with Bitcoin-secure sequencers and proof-of-proof miners.
⚙️ Bitcoin-Secure Sequencers (BSS Nodes)
Integrate Hemi Network transactions with Ethereum mainnet transactions.
Maintain the network's consensus layer and manage staking, unstaking, and slashing operations.
Ensure a seamless connection between the Hemi Network and Ethereum for asset transfers.
🛠️Modified Geth Node
Operates as a customized Ethereum node, providing compatibility and connectivity between the Hemi Network and Ethereum.
Ensures data synchronization and transaction processing within the Hemi Network ecosystem.
🔗 Proof-of-Proof Miners (PoP Miners)
Secure the network by embedding state proofs into the Bitcoin blockchain.
Hash network headers to create cryptographic proofs and publish these to Bitcoin.
Receive tokens as rewards for their contributions.
⚡️ Achieving Decentralized Interoperability
This innovative approach ensures secure, decentralized interoperability among Bitcoin, Ethereum, the Hemi Network, and other EVM-compatible chains.
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