Economical Gas fees in BTC

Nobody wants to pay high Gas Fees

But how do we do that, especially on the oldest, most secure and most transparent chain like BTC?

Transactions which are too complex can’t really be handled by Bitcoin at the moment.

Even if it becomes possible in the future, the gas fees will be astronomically high and make it not viable from an economic standpoint.

This is one of the challenges SatsChain is tackling with our execution protocol.

How?

By offloading the execution logic from the main chain in complex transactions. SatsChain still resides within Bitcoin and Bitcoin is still used for Data Availability, Consensus and Settlement.

But the Execution logic will be handled by SatsChain.

Since the execution logic is handled by SatsChain it enables 2 things;

1) It makes complex transactions possible now instead of in the near future

2) Gas fees remain stable and economical since Bitcoin is not executing the complex transaction

Since everything happens within BTC chain, the security and trustlessness will be EQUAL to Bitcoin.

In essence, we can have stable and economic gas fees on Bitcoin regardless of the complexity of the execution.

More predictable, stable gas-fees will empower Devs and users to build and use the Bitcoin network more easily and efficiently.

It's a win-win for everybody!

Transaction-agnostic gas fees in BTC is only one of the key aspects of what we are building at SatChain