Hemi price

HEMIBTC

Powered by Bitcoin and Ethereum, Hemi is a modular layer-2 protocol for superior scaling, security, and interoperability. While other projects approach Bitcoin and Ethereum as ecosystem silos, Hemi views them as components of a single supernetwork, unlocking new levels of programmability, portability, and potential. Hemi envisions a new, converged ecosystem that is ready for the many challenges of Bitcoin DeFi, as well as a web3 and AI-driven future that is colliding with the Internet at-large.

Hemi’s core innovations include:

Hemi Virtual Machine (hVM) – An Ethereum Virtual Machine wrapped around a Bitcoin node, giving developers the best-possible access to the respective states of Bitcoin and Ethereum.

Hemi Bitcoin Kit (hBK) – Makes the hVM’s Bitcoin awareness accessible to developers to build the next generation of Bitcoin applications.

Proof-of-Proof (PoP) Consensus – The most decentralized, censor-resistant method yet devised in order to achieve “superfinality” — Bitcoin-level security.

Tunnels – A a more secure way to move assets from Bitcoin to Hemi and from Hemi to Ethereum.

These technologies enable applications that were previously impractical or even impossible using conventional means, such as trustless Bitcoin (re)staking protocols, Bitcoin-authenticated AI model marketplaces, multi-chain DAOs and more.

Hemi was co-founded by Jeff Garzik (former Bitcoin core developer) and Max Sanchez (inventor of the Proof-of-Proof consensus protocol), and is surrounded by a team of renowned blockchain engineers and strategic partners.