SatoshiVM is a decentralized Bitcoin ZK Rollup Layer 2 solution compatible with the Ethereum Virtual Machine (EVM) ecosystem. It employs native BTC as gas and aims to bridge Bitcoin with the EVM ecosystem, allowing the Bitcoin ecosystem to issue assets and develop applications.
SAVM serves as a Layer 2 solution for Bitcoin, enhancing its scalability and enabling EVM compatibility. This allows developers to create decentralized applications on Bitcoin, similar to those on Ethereum. The potential for SAVM to facilitate asset issuance and various decentralized applications on Bitcoin opens up numerous possibilities for its application in different sectors like finance, gaming, and more.
In conclusion, SatoshiVM (SAVM) introduces a unique proposition in the cryptocurrency space by bridging Bitcoin with the Ethereum Virtual Machine. Its innovative approach, coupled with the security features of Bitcoin and Ethereum, presents potential for growth.