Hemi VM: Unlocking BTCFi by Embedding Bitcoin State Directly into the EVM Environment
The $HEMI (hVM) is redefining the capabilities of decentralized applications (dApps) by integrating a fully indexed Bitcoin node right inside the Ethereum Virtual Machine (EVM). This unique expansion allows developers to use familiar EVM tools like Solidity, now enriched with native access to Bitcoin's data and state.
Proof-of-Proof and Secure Cross-chain Interaction
Hemi operates as a decentralized Layer 2 protocol, utilizing the Proof-of-Proof consensus mechanism to inherit the Proof-of-Work security of Bitcoin. This enables developers to build Bitcoin-identifying dApps without altering the programming environment. Developers gain direct APIs to query Bitcoin, execute crosschain actions, and settle transactions.
The breakthrough is the integrated crypto tunnels of #Hemi , designed to ensure secure crosschain interactions. This technology eliminates the common bridge risks that require external validations or custody risk. In this way, hVM opens a new era for #BTCFi (DeFi on Bitcoin), allowing complex applications like BTC-collateralized lending, multi-chain DEX for BTC ↔ ETH trading, and #NFTs tied to Bitcoin provenance. $HEMI @Hemi