Bitcoin’s Scalability and Interoperability Enhanced with OKX Joining exSat Network
OKX has become a key validator node in the exSat network, aiming to improve Bitcoin’s scalability and interoperability through exSat’s data consensus extension protocol. This collaboration is set to bridge Bitcoin’s mainnet with layer-2 scaling solutions, addressing transaction speed and data consensus issues.
OKX Collaboration to Boost Bitcoin’s Network Efficiency
By participating as a validator in the exSat Network, OKX will contribute to securing the network and maintaining its integrity. This partnership is a significant step towards advancing Bitcoin’s scalability and expanding the functionality of the Bitcoin ecosystem, unlocking new possibilities for Bitcoin beyond traditional transactions.
ExSat Network Facilitating Data Flows and Development of Decentralized Applications
ExSat’s solution streamlines querying of Bitcoin and ecosystem tokens, facilitating smoother asset and data flows across networks. Additionally, the network enables blockchain developers to create decentralized applications using Solidity, the programming language for writing smart contracts on Ethereum. Validators on the exSat Network are required to stake over 100 Bitcoin and exSat’s native token, XSAT, to qualify for revenue rights.
