Introducing exSat: Bitcoin Scaling Powered by EOS

The EOS blockchain continues to push the boundaries of decentralized innovation with the announcement of exSat. exSat is a Docking Layer that was built to bridge the gap between Bitcoin’s native layer and a multitude of Layer 2 scaling solutions for the Bitcoin ecosystem. exSat ties together several pieces of blockchain technology to create a robust solution that overcomes many of the current challenges when it comes to improving the scalability of Bitcoin and EOS will play a critical role in this vision. Check out the full announcement from the exSat team.

𝗲𝘅𝗦𝗮𝘁: The Docking Layer for Bridging the Gap Between Bitcoin and Layer 2 Scaling Solutions

Learn more about how #exSat is extending #Bitcoin's data consensus to enhance interoperability, scalability, and security within the $BTC ecosystem.

👇👇https://t.co/bdyzlUcjx2 pic.twitter.com/H9igEu0ko8
— exSat Network (@exSatNetwork) April 9, 2024

The news has garnered a lot of excitement from both various ecosystems across the Web3 industry. Check out the coverage from CoinDesk below to learn more about the implications of this powerful innovation.

The recent announcement of @exSatNetwork, a #Bitcoin scaling solution built on top of #EOS was covered by @CoinDesk 📰

Check out the full article below to learn more 👇https://t.co/FimQ2vOeE2 pic.twitter.com/v4ABEy1KjU
— EOS Network Foundation (@EOSNetworkFDN) April 9, 2024

Leveraging EOS RAM to Store Readily Accessible BTC Data

The technology stack for exSat combines several consensus mechanisms for various functions, including PoW from BTC Miners, PoS by BTC Staking Validators and DPoS data consensus extension protocol powered by EOS. The platform takes advantage of EOS blockspace to achieve on-chain storage of block data. EOS RAM also plays an important role in the parsing and storage of relevant data. All of this comes during a time of growing adoption for RAM as an important utility tool for Web3 developers.

EOS RAM: The Hidden Gem of Blockchain Infrastructure

A Blockchain Within a Blockchain

exSat is yet another example of the performance and scalability of EOS, following in the wake of platforms like EOS EVM and the EOS Stable Coin Chain (ESCC). These are all brand new blockchains that have been built on top of the EOS Native base layer, bringing the total count of EOS-based blockchain ecosystems to four. This showcases the immense flexibility and performance that EOS has to offer when it comes to growing not only the base later of the ecosystem, but multiple new blockchain ecosystems on top of it. When taking into considerations the potential integration of technology such as Inter-Blockchain Communication (IBC), the implications of scaling an ecosystem on EOS are exciting. Learn more about IBC on EOS below.

Antelope IBC Deep Dive: Seamless Horizontal Scaling Launches on EOS

A Vision Brought to Life by Countless Contributors

The launch of exSat would not have been possible without the dedicated work of countless contributors across the EOS ecosystem. Spearheaded through a joint collaboration between EOS Labs, EOS Network Foundation (ENF) and EOS Network Ventures (ENV), this new platform is an example of what is possible on EOS when our community and ecosystem leaders find new avenues to collaborate with the joint goal of pushing the industry forward.

Be sure to follow exSat on X to stay updated on future announcements from the exSat ecosystem. Also, follow the EOS Network Foundation for updates on all things EOS. Don’t forget to join the EOS Global Telegram group to connect with other EOS enthusiasts. Read the full announcement from the exSat team to learn more about this groundbreaking project.

EOS Network

The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal Web3 user and developer experiences. EOS is the flagship blockchain and financial center of the Antelope framework, serving as the driving force behind multi-chain collaboration and public goods funding for tools and infrastructure through the EOS Network Foundation (ENF).

EOS Network Foundation

The EOS Network Foundation (ENF) was forged through a vision for a prosperous and decentralized future. Through our key stakeholder engagement, community programs, ecosystem funding, and support of an open technology ecosystem, the ENF is transforming Web3. Founded in 2021, the ENF is the hub for EOS Network, a leading open source platform with a suite of stable frameworks, tools, and libraries for blockchain deployments. Together, we are bringing innovations that our community builds and are committed to a stronger future for all.

EOS Website | Twitter | LinkedIn | Telegram | YouTube

The only source for EOS news you'll ever need

Meet Our Founder Yves La Rose

Yves La Rose is the Executive Director and Founder of the EOS Network Foundation (ENF). A consummate consensus builder within the EOS ecosystem, he lives and breathes EOS, working to ensure the success of the network.

At a young age, Yves was attracted to technology. Through the experience of building his first computer and writing his first program at the age of seven, a lifelong interest in the potential of technology was born.

After completing studies in psychology at the University of Ottawa, Yves moved to Japan where he began his professional career in business and education.

With an entrepreneurial and inquisitive nature, six years passed, living and working while steeped in Japanese language and culture. At the same time, his early intrigue with technology was being further amplified by the revelations of Bitcoin. In 2010, he began mining Bitcoin on his laptop, and exploring the potential of decentralized networks.

Returning to Ottawa in 2011, Yves resumed his university education in pure sciences, focusing on perceptual and computational neuropsychology, and additional studies in behavioral economics.

In 2017, with additional years of business planning and analysis experience, Yves began seriously considering an endeavor in the emerging blockchain industry. Along with a handful of interested associates, he formed a blockchain book club, and having made a thorough survey of second and third generation blockchains, they began focusing their attention on the promising open source blockchain platform, EOSIO.

In February of 2018 Yves co-founded EOS Nation and led it to become the top rated block producer on the largest and most valuable network using EOSIO, the EOS Mainnet.

For over three years as founder and CEO of EOS Nation, Yves helped navigate the company through a great deal of operational uncertainty. Running network infrastructure, providing community outreach, exploring governance models, and contemplating approaches to public goods funding. His undivided attention was on EOS.

EOSIO was at the bleeding edge of public blockchain development, but it was also a global, decentralized network that was increasingly hobbled by distant and ambiguous leadership, misallocation of capital, and misalignment of incentives. Various teams sought to create a foundation, or a worker proposal system that could fund the development of public goods for the network, but these efforts stalled, and EOS was adrift. In May of 2021 Yves resigned as CEO of EOS Nation and began to contemplate a new path forward.

Throughout his tenure as CEO of EOS Nation, Yves had formed many good relationships across the EOS Network, among BP’s in the East, West & in the global South. Yves recognized that he was uniquely positioned to coalesce the stakeholders of the EOS Network around a foundation that would work on behalf of all EOS token holders to realize the true potential of EOS. With the assurance of support from a coalition of stakeholders, Yves founded the EOS Network Foundation.

Since founding the ENF, Yves has dedicated himself with singular focus, in the spirit of a modern day samurai, to work for the benefit of the EOS public blockchain and the many stakeholders of which it is composed. Yves continues to cultivate a team at the ENF that can serve the needs of the EOS community by lifting up and empowering the community itself.

Grounded in the lived experience of Eastern thought and traditions from his time living and studying in Japan and traveling throughout Asia, Yves brings a holistic approach to unifying the global EOS community through mutual respect, and a willingness to meet others wherever they are at.

Introducing exSat: Bitcoin Scaling Powered by EOS