Bitcoin-Native Scalability Solution exSat Announces Mainnet Launch Boasting $200 M In TVL

In an announcement this week, exSat, a scaling solution designed to address the scalability and interoperability challenges of Bitcoin, unveiled the launch of its mainnet. The latest milestone marks a significant step for the network in advancing Bitcoin’s technical properties and promoting widespread adoption of Bitcoin. exSat also announced the launch of its XSAT token generation event (TGE), which will serve as the driver of the network. exSat has been in beta for the past few months, with developers building scalability solutions to advance Bitcoin’s ecosystem. The platform implements a Data Consensus Extension Protocol that combines Proof of Work (PoW)

Source: CryptoIntelligence