Hemi Crypto: Bridging Bitcoin and Ethereum
Hemi is a modular Layer-2 blockchain network designed to merge Bitcoin's security with Ethereum's programmability. Unlike traditional bridges, Hemi enables seamless interaction between the two networks, allowing developers to build decentralized applications (dApps) that leverage the strengths of both .
At the core of Hemi's architecture is the Hemi Virtual Machine (hVM), which integrates a full Bitcoin node within an Ethereum-compatible environment. This setup allows smart contracts to access and utilize Bitcoin's data directly, facilitating the creation of Bitcoin-backed DeFi applications .
To ensure security, Hemi employs a unique consensus mechanism called Proof-of-Proof (PoP). This periodically anchors the Layer-2 network's state to the Bitcoin blockchain, inheriting its robust security features without the need for direct mining participation .
In August 2025, Hemi Labs raised $15 million in funding from prominent investors, including Binance Labs and Breyer Capital, to accelerate the development of its network and expand its ecosystem .
With its innovative approach, Hemi aims to unlock new possibilities in the blockchain space by combining the best aspects of Bitcoin and Ethereum, paving the way for a more interoperable and scalable decentralized future.
