$BTC #exSat Satoshi Nakamoto first published the paper "Bitcoin: A Peer-to-Peer Electronic Cash System" in 2008, proposing the concept of Bitcoin as a decentralized, peer-to-peer electronic cash system. This system aims to allow users to make direct peer-to-peer transfers without going through intermediate financial institutions, thereby eliminating the need for trust in third parties.
However, despite the revolutionary nature of Bitcoin's concept, the BTC original chain does face some challenges in practical applications, especially in certain aspects of realizing Satoshi Nakamoto's original vision. For example, issues such as the scalability and transaction speed of the BTC original chain limit its widespread use and efficiency in practical applications.
In response to these issues, the exSat network has emerged. The exSat network aims to realize Satoshi Nakamoto's vision by expanding Bitcoin's utility and unlocking a new class of real-world applications. It combines a data consensus expansion protocol of Proof of Work (PoW) and Proof of Stake (PoS) to enhance data consensus, scalability, security, and interoperability within the BTC ecosystem.
The exSat network has made BTCFi possible through innovative methods such as creating a decentralized UTXO index for Bitcoin, while maintaining trust and security, and expanding the practicality of Bitcoin. This network has already achieved some significant milestones, such as the successful launch of its mainnet, and has a certain number of validators and synchronizers, ensuring unparalleled trust and security.
The solutions of the exSat network are making efforts towards realizing Satoshi Nakamoto's original vision, building a BTC peer-to-peer Alipay cash system.
exSat builds a full-chain solution centered on user intentions
$BTC #exSat exSat is not limited to the BTC ecosystem but aims to use BTC as a starting point to connect the entire chain, allowing BTC to truly become the king of all chains. The bold ambition stems from the solid underlying storage foundation that exSat has built over six years of operation. 1. Efficient metadata storage: By adopting RAM technology as the metadata storage layer for BTC, exSat provides a secure, flexible, and efficient storage solution that effectively manages large-scale state data. 2. Market activity: The launch of the exSat project consumes a large amount of RAM resources, driving the activity and trading volume in the RAM market, enhancing the value of RAM as a resource in the blockchain ecosystem, and revitalizing the RAM community, bringing in its own traffic.
The exSat network can be seen as a new type of docking layer or 1.5 layer extension for BTC (Bitcoin), aimed at expanding BTC's data consensus to enhance interoperability, scalability, and security within the Bitcoin ecosystem. It facilitates the seamless flow of assets and information between different networks and Bitcoin's second-layer scaling solutions by enabling direct queries of BTC and ecosystem token balances.
RAM (Random Access Memory) plays a key role in the exSat network. exSat uses RAM as the storage layer for BTC metadata, achieving a secure, flexible, stable, and decentralized DA layer (Data Availability Layer).
The implementation of the exSat project promotes technological innovation and resource optimization related to RAM. It demonstrates the possibility of developing larger-scale projects on RAM and fosters the activity and trading volume of the RAM market. Furthermore, through the feature of "staking RAM to mine BTC," exSat provides airdrop rewards for early RAM participants, further enhancing the market value of RAM.
$btc #exSat XSAT as a fee mechanism and long-term scalability utility. While BTC primarily serves as a reward for proof-of-work (PoW) mining in its fair issuance model, XSAT aims to implement more functionalities within the exSat network. On the exSat platform, BTC is the fuel fee token required to access key features, including decentralized UTXO data indexing and other core network functionalities. This ensures that BTC continues to play a core role in network operations.
At the same time, XSAT aims to bring together synchronizers (miners), validators, and BTC holders by balancing rewards among these key participants. While BTC is used as the fuel fee for all transactions, XSAT serves as the primary token for staking, governance, and broader network incentives. This dual-token system ensures that the Bitcoin ecosystem can grow while XSAT drives deeper engagement.
$BTC #exSat XSAT is a token derived from the Bitcoin concept
XSAT, as the token of the exSat network, combines the robust security of Proof of Work (PoW) with the flexible functionality of Proof of Stake (PoS). XSAT emulates Bitcoin's fair distribution principles, with no pre-mining or pre-allocation, ensuring transparency and fairness for all participants. The total supply cap of XSAT is 21 million tokens, including halving periods every 210,000 blocks, mimicking Bitcoin's halving cycle. The distribution of XSAT will remain aligned with network participation—whether through mining Bitcoin blocks, syncing, or validating.
XSAT is key to expanding Satoshi's vision, incorporating the two most critical roles in the Bitcoin ecosystem, mining pools and BTC holders, into the network's consensus process. This ensures that all key stakeholders can contribute to and benefit from the growth of the BTC ecosystem while actively expanding it.
$BTC #exSat The fair distribution model of XSAT is not just a allocation mechanism; it is aligned with the core values of the Bitcoin ecosystem. XSAT hopes to attract long-term supporters, build trust, and contribute to the growth and adoption of a stronger and more decentralized Bitcoin ecosystem. Just as Bitcoin miners protect the Bitcoin network, validators play a key role in the exSat network by verifying Bitcoin's block data. To become a validator, participants need to stake 100+ BTC in the first phase to become a node, and then stake a certain amount of XSAT in the second phase. This reflects a deeper commitment to supporting the network—not just as investors, but as active contributors. Validators earn XSAT rewards for their participation, creating significant opportunities for those who wish to play a more important role in network operations. Unlike Bitcoin, where miners contribute computational power, validators on exSat must stake both BTC and XSAT simultaneously starting in the second phase. This dual-staking model ensures that validators have a vested interest in maintaining the integrity of the network. As more XSAT is staked, the circulating supply decreases, which may create upward pressure on its value as network demand grows. After the network is launched, validators who stake both BTC and XSAT will begin to earn rewards for verifying Bitcoin block data. To maintain eligibility, validators must continue to stake, and only top XSAT stakers will qualify to become validators. Early participants will receive the greatest benefits—top validators will be required to verify block signatures and will participate in sharing a larger XSAT share as an incentive during the first 5-6 months after the network launch. For those looking to shape the future of exSat, staking XSAT will also grant governance rights, allowing holders to vote on important decisions, from future upgrades to development proposals, enabling the community to collectively control the direction of exSat's development. Naturally, addressing concerns that a fair launch model might lead to the project team losing control over the project, exSat has also taken this into consideration in advance. Each node validator will be required to submit a donation ratio when claiming rewards, meaning they will allocate 10-30% of their earnings to the exSat Foundation. This donation income will be used for community incentives, ecosystem development, and more.
How to Earn XSAT through Delegation on the exSat Network? The distribution of XSAT tokens will be synchronized with the mining of new Bitcoin blocks. Inspired by the foundational model of Bitcoin, exSat goes further by creating an ecosystem that integrates staking, validation, and decentralized participation. For small BTC holders, there may not be enough BTC to create a node, but retail investors can delegate their BTC to nodes and earn XSAT as a share of the rewards paid to validators. This provides BTC holders with a way to accumulate XSAT without needing to sell their BTC, while also supporting the exSat ecosystem and offering passive income opportunities. This delegation staking model incentivizes investors to lock up their BTC, contributing to the overall security and decentralization of the network. By delegating BTC to validators, investors can participate in the growth of the exSat network and earn XSAT rewards without directly engaging in operations. For those looking to familiarize themselves with the system before the mainnet launch, you can now participate in the community's pioneer incentive program, conducting delegation staking experiments using the testnet and faucet: exSat Testnet. After completing interactive tasks and accumulating over 100 points, you can participate in sharing the BTC reward pool. This activity will continue until the end of October. Delegation staking will go live after the exSat mainnet launches on October 23, once the underlying consensus is operating normally.
exSat—extending Satoshi's vision into the digital economy
Satoshi envisioned Bitcoin as a revolutionary alternative to the traditional financial system, offering users greater freedom, control, and security. As stated in the Bitcoin white paper, Satoshi's vision was to create "a purely peer-to-peer electronic cash system" that allows "online payments to be sent directly from one party to another without going through a financial institution."
Although 94% of Bitcoin has been mined, Satoshi's vision has largely yet to be realized. exSat aims to expand Bitcoin's application potential through its unique scaling solutions, redefining the possible boundaries within the Bitcoin ecosystem and providing a revolutionary scaling solution that bridges the gap between infrastructure support and practical applications.
$BTC #exSat exSat has officially launched its mainnet today, with over 36 institutions on the POS side having completed node deployment. BlockBeats news, on October 23, according to official news, the large BTC expansion infrastructure project exSat has officially launched its mainnet today. More than 36 institutions on the POS side have completed node deployment, including many well-established entities and several whale holders such as Antpool, F2pool, Spiderpool, OKX, Biget, Hashkey, Cactus, Chainup, Everstake, New Fire Technology, Waterdrop Capital, Antalpha, and Merlin chain.
At 8 AM today, the mainnet opened its first round of node activation, with a total of 21 institutions registering in the first batch, taking 2 seconds. This project aims to extend Bitcoin's on-chain consensus through a dual consensus mechanism of POW+POS and to create a real-time structured database on the BTC chain to accommodate interactions and development needs with the native chain. Its governance token XSAT follows the principle of fair launch, fully allocated to community builders, with no team reserves and no pre-mining. It is reported that nodes will allocate 20% of their revenue to the exSat Foundation as a contribution to the community through donations.
$BTC #exSat 「Docking Layer」 Innovation, what is exSat?
The Bitcoin ecosystem is currently undergoing a paradigm shift, gradually expanding from purely financial assets to various DApps. However, the unique mechanism of Bitcoin slows down its ecosystem development. With the halving event, the business development costs in the Bitcoin ecosystem are also rising, forcing miners to upgrade infrastructure and seek additional income.
As mentioned earlier, there are currently countless Layer2 solutions in the Bitcoin ecosystem ready to make significant moves, but they will face the same issues as Ethereum. The launch of exSat is precisely to address these challenges and propose the Docking Layer solution. This new term may sound hard to understand at first, but simply put, exSat will play an intermediary role between the Bitcoin mainnet and various Layer2 solutions.
The emergence of such a solution is partly due to the poor earnings of miners and partly because the various Bitcoin L2 solutions have not achieved the desired results.
One of the founders of exSat, Yves La Rose, stated in an interview that “most so-called L2 solutions are not truly second layers, because if they fail, the Bitcoin mainnet will not be affected at all, only the assets on their own networks will be impacted.” The lack of transparency in data profoundly affects the progress of the Bitcoin ecosystem. The mechanism design of exSat allows BTC miners to directly submit raw Bitcoin data to the network and receive rewards through token issuance. In this way, while addressing the issues troubling the BTC L2 ecosystem, exSat has also found a way to help Bitcoin miners regain profitability.
To achieve these goals, exSat is launching several technological innovations aimed at simplifying the development of new L2 solutions and providing existing L2s with the necessary tools to promote closer collaboration within the ecosystem.
exSat will be launched on the mainnet on October 23!
Foresight News reported that the Bitcoin expansion infrastructure project exSat will be launched on the mainnet on October 23. The project aims to extend the Bitcoin on-chain consensus and build a structured database on the Bitcoin chain through the dual consensus mechanisms of PoW and PoS. After the launch of the exSat mainnet, it aims to provide interactive native data expansion docks and modular solutions for the Bitcoin ecosystem, including various L2s.
At present, more than 28 institutions have completed node deployment on its PoS side on October 18. These verification nodes include Antpool, F2pool, Spiderpool, OKX, Bitget, HashKey, Cactus, ChainUp, Everstake, New Fire Technology, Waterdrop Capital, Antalpha, Solv, Merlin Chain, etc. In addition, its PoW side has also achieved access to more than 60% of the computing power of the entire network. Retail investors can participate in early construction by staking BTC to nodes to obtain token rewards.
$BTC #exSat exSat is expected to create the next super-large lock-up volume and the most trustless cross-chain bridge. Why do you say that? This article will analyze in depth from the ecological background, technical level and application prospects. exSat is positioned as the 1.5-layer chain of the Bitcoin ecosystem. Specifically, it is an expansion dock that brings innovative changes to the Bitcoin ecosystem. By integrating more than 51% of the computing power of the BTC mining pool, exSat simplifies the trusted deployment of the L2 layer, and creates a bridge between the BTC main network and extended applications under the architecture of the dual consensus mechanism of pos+pow, thereby releasing the potential of BTC and providing Web3 users with a full-chain "user intent-centric" experience. For example: users can enjoy almost all blockchain services through an exSat wallet, achieving a friendlier and smoother user experience than traditional Web2 platforms.
$BTC #exSat exSat's XSAT token issuance follows the design principle of decentralization, attempting to reach new heights in fairness and transparency. The token excludes the options of team reservation, pre-mining and investor reservation, and relies entirely on community power to promote the development of the network. The total supply of XSAT is set at 21 million, which is consistent with Bitcoin. It is both symbolic and hopes to control inflation through limited supply. At the same time, the token also has a strict halving design, which is halved every 210,000 blocks, thereby gradually reducing the issuance of tokens per block. The issuance process of XSAT is divided into several key stages. First, in the initialization stage of the network, the exSat Foundation will synchronize the first 840,000 blocks of the Bitcoin blockchain as the basis for the operation of the entire network. At this stage, there is no setting of any token rewards, which is entirely for the purpose of establishing a solid data foundation. Subsequently, with the official launch of the network, the exSat network began to synchronize data with the Bitcoin blockchain in real time, allowing the network to continuously receive and process the latest BTC block data. On this basis, the mining reward mechanism of XSAT was also launched, providing economic incentives for participants. However, the qualification requirements for validators require a stake of at least 100 BTC.
A Modular Scaling Solution for the Bitcoin Ecosystem: exSat enables developers to efficiently and securely enhance the scalability of the Bitcoin ecosystem, leveraging exSat’s strong trust and security. It simplifies the creation of customizable BTC Layer 2 (L2) solutions that incorporate zero-knowledge (ZK) rollups or sidechains using Antelope Protocol’s newly implemented implementation, facilitating easy, fast, and seamless development.
Strategic Impact exSat builds a trusted and secure path to enhance Bitcoin’s scalability and enable smart contract functionality, unlocking additional utility value for BTC beyond its role as a store of value. In the long term, exSat aims to simplify the process of deploying Bitcoin scaling solutions, making it as simple as deploying a contract on-chain. This groundbreaking effort will pave the way for a thriving Bitcoin ecosystem and drive mass adoption of blockchain technology.
$BTC #exSat XSAT is the passport to the future of Bitcoin! As the core token of the#exSatnetwork, XSAT solves Bitcoin's scalability and interoperability problems through a revolutionary PoW+PoS hybrid consensus, pushing Bitcoin from 'digital gold' to a new stage of global payment and decentralized finance. XSAT is not only used for verification, staking and governance, but also brings rewards and participation opportunities to synchronizers, miners and BTC holders in the network.
XSAT has no pre-mining and pre-allocation, and fully follows the fair launch model to ensure transparent and fair participation of the community. Through XSAT, all participants can share the dividends of Bitcoin's ecological growth and promote the next wave of blockchain technology! Whether you want to earn income through staking or participate in the future of the network through governance voting, XSAT is the key to enter the new world of Bitcoin. Don't wait any longer, join exSat and witness this transformative technological revolution! #Blockchain#Bitcoin #Layer2
$BTC #exSat Miners have always been a mysterious and important existence in the Bitcoin ecosystem, but due to the monopoly of the market, some small miners can no longer bear the contradiction between Bitcoin price fluctuations and mining costs. Many miners, especially in North America, have begun to turn to the field of AI. This is not a good thing for the long-term stability of the Bitcoin ecosystem, so we think it is very important to pay attention to the interests of miners.
exSat invites many mining pools to participate in our on-chain activities. By providing data and conducting block packaging activities, miners can obtain additional income. In addition to the income of Bitcoin itself, this is also a guarantee of the interests of miners and is conducive to the stability of the Bitcoin ecosystem.
At present, our project is still in the first stage, that is, building consensus. We plan to officially launch the mainnet on October 23. After the mainnet is launched, we will launch a modular BTC Rollup solution to accept access from third-party programs, including most of the second-layer networks.
$BTC #exSat Through exSat’s innovative approach, users and developers from all backgrounds will experience the convenience of intent-centric operations and unified liquidity. By abstracting away complexity, exSat enables a wider audience to seamlessly leverage the power of Bitcoin and its L2 solutions, promoting a more inclusive and accessible blockchain landscape.
With a modular and scalable architecture, exSat’s proven security solutions lay the foundation for a vibrant ecosystem built on Bitcoin’s strong security model. As the adoption of blockchain technology continues to accelerate, exSat’s vision is to keep Bitcoin at the forefront of this revolution, allowing a multitude of DApps and services to flourish within its decentralized and transparent framework.
$BTC #exSat exSat's XSAT token issuance follows the decentralized design principle, attempting to reach new heights in fairness and transparency. The token excludes the options of team reservation, pre-mining and capital reservation, and completely relies on community power to promote the development of the network. The total supply of XSAT is set at 21 million, which is consistent with Bitcoin, both symbolic and hoping to control inflation through limited supply.
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$BTC #exSat Through exSat’s innovative approach, users and developers from all backgrounds will experience the convenience of intent-centric operations and unified liquidity. By abstracting away complexity, exSat enables a wider audience to seamlessly leverage the power of Bitcoin and its L2 solutions, promoting a more inclusive and accessible blockchain landscape.
With a modular and scalable architecture, exSat’s proven security solutions lay the foundation for a vibrant ecosystem built on Bitcoin’s strong security model. As the adoption of blockchain technology continues to accelerate, exSat’s vision is to keep Bitcoin at the forefront of this revolution, allowing a multitude of DApps and services to flourish within its decentralized and transparent framework.
$BTC #exSat exSat's data mapping capabilities are fully guaranteed through a rigorous multi-level verification mechanism. Each transaction data must be confirmed by the validator nodes in the exSat network before being written to the decentralized index system. These validators ensure the authenticity and consistency of data through the dual consensus mechanism of PoW and PoS, thereby significantly improving the security of the entire network. exSat’s advantage in data integrity is also reflected in its ability to accurately sort and analyze on-chain data. For example, through careful combing of UTXO data, exSat found that the current actual number of Bitcoins in circulation has been lower than the expected 21 million, of which about 1 million have been permanently lost due to the loss of private keys. This type of data discovery can provide market participants and developers with more accurate decision-making basis. On this basis, developers can design and optimize new applications in a more targeted manner, thus promoting the innovation and development of the entire Bitcoin ecosystem.
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