#Hemi The Hemi ($HEMI) coin is the native utility token of Hemi, which is a modular Layer-2 blockchain designed to bridge the security of Bitcoin with the programmability of Ethereum. @Hemi
Here is a summary of the project and its token:
Hemi Project Overview
Goal: To create a unified "supernetwork" that allows decentralized finance (DeFi) applications to operate seamlessly across both the Bitcoin and Ethereum ecosystems, unlocking Bitcoin as an active DeFi asset.
Technology:
Hemi Virtual Machine (hVM): An Ethereum Virtual Machine (EVM)-compatible environment that embeds a full Bitcoin node. This allows smart contracts on Hemi to directly access Bitcoin data and assets.
Proof-of-Proof (PoP) Consensus: A mechanism that securely anchors Hemi's Layer-2 state to the Bitcoin blockchain, inheriting Bitcoin's security and achieving fast settlement finality (typically within about 90 minutes).