SATPORT Docs
  • 1 Introduction and Background
  • 2 Limitations of BTC and BTC-pegged Assets
    • 2.1 Limited Empowerment of BTC Native Assets
    • 2.2 Weaknesses of BTC-pegged Assets
  • 3 Overview of SATPORT
  • 4 SATPORT Technical Architecture
    • 4.1 Hyper-Scalability Solution: zk-HSS
      • 4.1.1 Private Key Sharding
      • 4.1.2 Asset "peg-in" Solution
      • 4.1.3 "Peg-In" Process
      • 4.1.4 Asset "Peg-out" Mechanism
    • 4.2 SATPORT's Dual Security Mechanism
  • 5 satBTC
  • 6 Ecosystem Development Plan
  • 7 Exploring the Integration of ZKP with BTC Use Cases
    • 7.1 Research Direction and Planning
    • 7.2 Applications of Chain State Proofs
  • 8 RaaS Strategy
  • 9 Conclusion
Powered by GitBook
On this page

3 Overview of SATPORT

Previous2.2 Weaknesses of BTC-pegged AssetsNext4 SATPORT Technical Architecture

Last updated 1 year ago

SATPORT is an innovative zk-HyperScale Solution (zk-HSS) designed to establish a Bitcoin smart contract layer. It introduces a groundbreaking dual security mechanism that combines the security of Proof of Work (PoW) guaranteed by 100% Bitcoin hash power and the security of Proof of Stake (PoS) ensured by Cosmos Hub through Interchain Security (ICS).

SATPORT is the first comprehensive platform supporting decentralized two-way peg of assets from non-smart contract networks Bitcoin Layer 2 solutions. Its primary goal is to enable various applications, such as asset trading settlement and decentralized finance for assets on non-smart contract chains, thereby achieving value accumulation for these assets.

SATPORT's mission is to promote the application of proof systems within the Bitcoin ecosystem, effectively enhancing scalability, accessibility, and privacy of the system. The central objective of this mission is to provide greater choices and flexibility to holders of Bitcoin assets, thereby elevating the overall ecosystem's performance.

Aligned with its vision, SATPORT aims to establish a more open and fluid Bitcoin asset environment. By unlocking the liquidity of billions of dollars in passive Bitcoin assets, SATPORT strives to infuse these assets with heightened productivity, significantly enhancing the capital efficiency of Bitcoin assets. This endeavor not only enables Bitcoin assets to realize greater value but also generates additional opportunities for value appreciation for their holders.