Satoshi Protocol proudly announces its position as the Official Gold Sponsor for the Bitcoin Layer 2 Conference - East & West 2024. This pivotal event, set to unfold in Hong Kong, is destined to serve as a landmark gathering for the global blockchain community, aiming to synergize the Eastern and Western hemispheres within the Bitcoin Layer 2 ecosystem.

Satoshi Protocol stands at the forefront of DeFi innovation, introducing a groundbreaking model that allows Bitcoin to be utilized as native collateral for stablecoin issuance. Through the BEVM, Satoshi Protocol enables the creation of SAT, a stablecoin pegged to the US dollar, thereby unlocking new possibilities for Bitcoin’s integration into the wider ERC-20 compatible ecosystem.

The protocol’s dual-token system, comprising SAT and OSHI, offers a robust mechanism for liquidity and stability. By depositing Bitcoin as collateral, users can mint SAT, maintaining a minimum collateral ratio to ensure security and fluidity within the market. This unique approach not only enhances Bitcoin’s usability but also underscores its intrinsic value as a digital store of wealth and a viable medium for transactions.

We invite you to join Satoshi Protocol at the Bitcoin Layer 2 Conference 2024, a defining moment for the blockchain industry. This conference is not just a gathering but a beacon for those passionate about the future of Bitcoin and its impact on the DeFi world.

Secure your place at this landmark event by visiting https://www.btcl2conf.com/. We eagerly anticipate welcoming you to what promises to be an unforgettable experience of learning, networking, and innovation.

About ScaleBit

ScaleBit, a subsidiary brand of BitsLab, is a blockchain security team that provides security solutions for Mass Adoption of Web3. With expertise in scaling technologies like blockchain interoperability and zero-knowledge proofs, we provide meticulous and cutting-edge security audits for blockchain applications. The team comprises security professionals with extensive experience in both academia and enterprise. Our mission is to provide security solutions for Web3 Mass Adoption and make security accessible for all.

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• Website: https://www.scalebit.xyz/
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About BTC Security Lab

BTC Security Lab, organized by BitsLab’s ScaleBit, BiHelix, Waterdrip Capital, Satoshi Lab, and co-founding members Techub News and LK Venture, focuses on enhancing the Bitcoin ecosystem’s security. As an open and collaborative platform, it invites Bitcoin experts, developers, and enthusiasts to join in fortifying Bitcoin’s infrastructure across various tracks including RGB, Ordinals, Lightning Network, Bitcoin Layer 2, Nostr, and more. The lab is dedicated to addressing security challenges and providing infrastructure tools within the Bitcoin ecosystem.

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