SatoshiChain relies on the following key principles
● IBFT Proof-of-Stake (PoS) consensus: Community users can participate in the network which ensures a permissionless and decentralized blockchain. ● EVM-compatible: Existing Ethereum smart contracts can easily be migrated to SatoshiChain without requiring any further modification. ● Decentralized Governance: Community members (token holders) can make proposals, delegate, vote on the blockchain parameters & events, and influence governance decisions. ● 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.
Fig1. High-Level Features of SatoshiChain