FomoWell
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FomoWell - High-performance Bitcoin Asset Issuance and Trading Comprehensive Platform
In response to the issues of slow transaction speeds and high costs on the Bitcoin mainnet, Fomowell is built on ckBTC technology, utilizing natively supported UTXO queries and threshold signature (ckECDSA) mechanisms to achieve a high-speed trading experience without bridging or trusting third-party custody.
ckBTC enables second-level transfers while maintaining a 1:1 peg with the mainnet BTC. The platform uses a single Canister architecture to avoid contract delays and atomicity issues, ensuring asset and security for high-concurrency transaction execution, opening a new era of on-chain DeFi for Bitcoin assets.
Why not run directly on the Bitcoin mainnet?
ckBTC enables second-level transfers while maintaining a 1:1 peg with the mainnet BTC. The platform uses a single Canister architecture to avoid contract delays and atomicity issues, ensuring asset and security for high-concurrency transaction execution, opening a new era of on-chain DeFi for Bitcoin assets.
Why not run directly on the Bitcoin mainnet?
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