Hey everyone, if you're into crypto like I am, you must have heard about @Hemi . It's not just another ordinary token or project launched in the diversified blockchain space—it's a smart project with the motive of solving major crypto problem how Bitcoin and Ethereum work together. Let me explain in simple wording on knowledge I have gained so far.
At its core, Hemi is a modular layer-2 network that link Bitcoin and Ethereum to work in a better way together instead of sperately . The purpose is link Bitcoin security feature with Ethereum flexible contracts, to make a Super network. This will create a much safer, scaled network through which one can easily move between them.
$HEMI had a vision to bring the inactive 2 trillion store Bitcoin into something active decentralized finance like Ethereum with its app utilities. It is where Hemi come to help Bitcoin to earn yields, lend assets , build apps without compromising Bitcoin security.
HEMI is getting popular with its tools like Bitcoin tunnel for easy asset transfer and Hemi Virtual Machine which develop smart contracts for Bitcoin.
Of course, like every other projects, it faces challenges in adoption. But the real challenge is to stand strong during all challenges, and focused for it's solutions. Indeed, with such attitude Hemi will grow especially when it has back support from platform like binance Labs. This proof Hemi is onto something big. If you have assets of BTC or Ethereum, #HEMI will be useful future for digital assets for them. What do you think—ready for Bitcoin to level up?
