
This article will systematically describe how to earn money by writing @hemi_xyz, and how to view this Bitcoin modular public chain. Currently, hemi’s chat activity has just begun, especially the Chinese area is not inward-looking, and it is recommended to participate.
➤ Two current ways to participate
Before we get into what Hemi is and why it’s important, let me first say two more immediate things: You can make money with this project, and now is the window to do so.
❚ Make money by writing articles
Hemi and @YapdotMarket are running a creator incentive program. As long as you have the ability to produce content, you will have the opportunity to share $10,000 worth of $HEMI token rewards.
The top 21 content contributors will receive token rewards and Yap.market NFT whitelist qualification. This NFT is likely to be valuable.
The event ends in 20 days.
Submission address: (Due to restrictions of Binance Square, web links cannot be published, please see next door for details)
❚ Participate in trading competitions
Satori @SatoriFinance, the first perpetual trading protocol on Hemi, is holding a trading competition until June 16th.
Users only need to complete transactions on the Hemi chain to have a chance to win a USDC reward pool of up to $25,000. The awards are set based on PnL and trading volume, suitable for professional traders and strategy users to participate.
Competition entrance: (Due to restrictions of Binance Square, the web link cannot be published, please see next door for details)
Compared to many early projects that rely solely on lottery or task platforms for incentives, Hemi provides a reward mechanism with a higher participation threshold and reward certainty through two on-chain operations: "writing" and "trading". For users, this adds a way to both gain benefits and understand and verify the actual application capabilities of the Hemi network.
➤ Project Overview: A Modular Bitcoin Super Network
Hemi’s positioning is clear: it is not a compatible chain of ETH, nor is it an affiliated sidechain of BTC. Hemi is a modular network that combines the security of Bitcoin and the programmability of Ethereum. Its goal is to move BTC away from the role of “only storage” and into a native DeFi and application logic scenario.
Hemi was co-founded by former Bitcoin Core developer Jeff Garzik @jgarzik Bitcoin Core Developer and Max Sanchez, inventor of the PoP protocol. Jeff has contributed to the Linux kernel and has long been committed to the security and scalability of the underlying protocol.
The Hemi mainnet was launched on March 12, 2025, integrating 50+ protocols on the first day. The TVL reached $650 million within 14 days and exceeded 1 billion after 38 days. In terms of the community, the number of Twitter certified users exceeded 100,000, and the Discord group reached more than 140,000. Community members spontaneously formed logos such as "Hemigos" and "Hemigas". These data show that Hemi has achieved certain results in early market education and user incentives.
➤ The technical foundation of programmable Bitcoin
As a modular network of Bitcoin, Hemi's core technology mainly focuses on the following three points.
❚ hVM: EVM on a native Bitcoin node
One of Hemi's core modules is hVM, a virtual machine that runs on a full Bitcoin node. It is compatible with EVM, allowing developers to write contract logic in Solidity and interact directly with the native BTC state.
Compared with packaged assets such as wBTC, hVM provides direct access to BTC on the chain without the need for third-party custody or asset conversion.
It uses Bitcoin as a consensus anchor, but retains the development convenience of the Ethereum ecosystem.
❚ Bitcoin Tunnels: A bridgeless asset movement mechanism
Hemi designed a mechanism called Bitcoin Tunnels, which allows assets on the BTC, ETH, and Hemi chains to circulate efficiently between the three without relying on a bridge protocol.
This mechanism structurally reduces the possibility of users being exposed to cross-chain bridge risks while improving the composability of assets.
❚ PoP consensus
Hemi does not use the typical PoW or PoS, but instead adopts the Proof-of-Proof (PoP) mechanism.
This mechanism provides security verification for the Hemi chain by anchoring the block finality of the Bitcoin main chain, giving the new network similar levels of censorship resistance to Bitcoin while maintaining low operating costs.
➤ Differences from traditional solutions
Hemi is not a typical sidechain or wrapped asset solution, nor does it rely on a bridge as infrastructure. Its technology stack architecturally combines the security of Bitcoin with the programmability of Ethereum, rather than simulating or replacing either ecosystem. Compared to DeFi applications using wBTC or tBTC, Hemi users do not need to transfer asset sovereignty or trust third-party custody.
Unlike other BTC L2 solutions such as Stacks, Hemi does not attempt to implement smart contracts directly on Bitcoin, but starts from the execution layer to build a native interactive environment. Its architecture is closer to the modular @eigenlayer or @celestia, but its data availability and state proof mechanism revolve around the BTC main chain, which is uniquely positioned.
➤ Opportunities and risks at the current stage
The core appeal of Hemi is that it opens up programmability for BTC, rather than creating another Bitcoin-like asset. From the on-chain trading competition (total prize pool of 25,000 USDC) jointly organized by Satori and Hemi, it can be seen that its ecology is gradually expanding to sub-sectors such as perpetual trading and strategy vaults, and has an initial pull strategy with a clear incentive orientation.
However, whether Hemi can break through the long-term conservative ecological inertia of BTC still depends on user education, the degree of perfection of development tools, and the actual performance of PoP consensus. The growth of TVL is worth paying attention to, but it is still necessary to pay attention to whether the synergy between ecological projects is sustainable.
➤ Summary: The next step for BTC may indeed be here
Hemi provides a path to achieve smart contracts, pledges, liquidity and asset combinations while retaining the native form of Bitcoin. It does not rely on third parties, does not create new assets, and does not introduce complex bridge solutions. It simply brings BTC into the familiar on-chain world in a more basic and reliable way.
If the Bitcoin narrative is to continue into the next cycle, Hemi provides an attempt that has the possibility of landing. It is not about concepts first, nor about traffic packaging, but about re-integrating BTC into the operating logic of the smart financial system. Whether it is worth paying attention to can be judged by whether you want to use BTC on the chain.
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