How is SatsChain different from L2s?
Satschain differentiates itself from Layer 2 (L2) solutions by operating directly on the native Bitcoin chain rather than relying on off-chain processing or separate consensus mechanisms. Key differences include:
Native Integration: Satschain incorporates smart contracts directly into the Bitcoin blockchain, ensuring that all transactions are as secure as Bitcoin’s own transactions. This contrasts with L2 solutions, which typically process transactions off-chain.
Security: Satschain leverages Bitcoin's proof-of-work (PoW) security model, which is more robust than the separate security protocols often used by L2 solutions.
Transaction Handling: Transactions in Satschain are validated on the Bitcoin blockchain, whereas L2 solutions manage and process transactions off-chain.
User Experience: Satschain allows for seamless interactions via Bitcoin transactions, eliminating the need for users to manage multiple wallets or understand additional blockchain layers, as required by many L2 solutions.
Economic Model: Satschain uses BTC for transaction fees and introduces the Satschain Native Token ($SACH) only for complex usecases. This differs from L2 solutions that often use different tokens for their operations
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