#Exsat #BTC

Brothers, family,

The exSat Network mainnet is officially online, with a TVL exceeding 281 million USD

1. By collaborating with industry-leading companies such as Matrixport, Spiderpool, Antpool, Everstake, HashKey Cloud, Blocksec, OKX,

BitTrade, Bitget, ChainUp Cloud, Cactus Custody,

the exSat mainnet has successfully launched,

with 41 validators, each staking at least 100 BTC.

Validators protect the network by verifying transactions,

while synchronizers (including Antpool, Spiderpool, viaBTC, and

F2Pool) synchronize Bitcoin's UTXO data.

These synchronizers account for over 53.4% of Bitcoin's hash rate,

ensuring unparalleled trust and security.

2. As part of this release,

the XSAT token generation event has also taken place.

XSAT is the network's token,

combining the strong security of Proof of Work (PoW) and the flexible functionality of Proof of Stake

(PoS).

XSAT is based on the fair release principle of Bitcoin,

with no pre-mining or pre-allocation,

ensuring transparency and equality for all participants.

XSAT is obtained through mining native Bitcoin blocks, synchronizing, and verifying data on the network.

3. The total locked value (TVL) upon the launch of exSat exceeded 281 million USD, making it one of the largest projects in the Bitcoin ecosystem.

After announcing the partnership with Matrixport at Token2049,

the TVL is expected to continue to grow.

Matrixport has committed to investing 5,000 to 10,000 nBTC into the network.

Additionally, Matrixport will assist in dApp development to help launch the exSat ecosystem.