Main Features
SatoshiChain relies on the following key principles
ā 'Clique' Proof-of-Authority (PoA) Consensus: The Clique consensus algorithm is a simple and efficient mechanism where a fixed group of known participants take turns proposing and validating blocks, achieving fast block confirmation and immediate finality in a blockchain network. ā EVM-compatible: Existing Ethereum smart contracts can easily be migrated to SatoshiChain without requiring any further modification. ā Decentralized Governance: Community members (token holders) can make proposals, delegate, vote on the blockchain parameters & events, and influence governance decisions. ā Cross-chain compatibility: Bitcoin can be easily utilized on the SatoshiChain network by wrapping the Bitcoin via the SatoshiChain bridge, and sent back to the Bitcoin network as needed.
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