Breaking News: exSat is about to complete Bitcoin UTXO data synchronization and launch the 'Data Water Plant' service layer
UTXO data synchronization comes to an end, releasing hundreds of billions of dormant assets
Since the protocol started synchronization on October 23, 2024, the exSat network has structured and stored all UTXO data from the Bitcoin mainnet starting from block height 840,000 to an on-chain database, marking the official establishment of Bitcoin's first 'Data Water Plant' - the on-chain UTXO service layer. The exSat team believes that Bitcoin is not lacking in value; what it lacks is the pipeline for value flow - exSat is building these pipelines.
Through the UTXO data service layer, exSat will activate the liquidity of over 60 billion dollars in on-chain assets, injecting a programmable soul into BTC. At the same time, exSat will break institutional monopolies within the BTC ecosystem to activate long-tail innovation, achieving a transition from institutional games to developer democratization.
exSat will soon release a new white paper 2.0 to accelerate ecosystem development
exSat is ushering in a new era of BTC digital banking, collaborating deeply with traditional financial institutions to promote the upgrade of Bitcoin from 'digital gold' to 'circulating capital'. In terms of ecosystem development, exSat will launch multiple ecosystem apps to meet the needs of wealth management and trading, taking a solid step towards the comprehensive financialization of exSat. exSat is not just another layer two, but the key to unlocking Bitcoin's financialization.
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