Sidney Peg  pfp
Sidney Peg
@sidneypeg
📈BTC is about to reach 100,000, and the public chain ecology related to BTC is also flourishing. Recently, Side Protocol @SideProtocol released a white paper, dedicated to building a Bitcoin "on-chain bank". Let me briefly introduce this project to you! 📖 💡What is Side Protocol? Side is a high-performance PoS public chain with native Bitcoin lending function. It is the first PoS public chain that can support Bitcoin address format and wallet signature. The public chain itself is based on the Cosmos technology stack and adopts the dPoS consensus mechanism. Side achieves high TPS and fast transaction final confirmation. Its smart contracts run on the Wasm virtual machine, which greatly reduces the common vulnerability risks of traditional Ethereum contracts. It currently supports interoperable protocols such as IBC, Wormhole, and Axelar.
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