Underlying tech
Bit Protocol is built on Oasis Sapphire, the first confidential EVM in the Ethereum ecosystem — combining high throughput, low gas fees, and powerful privacy features. This technical foundation is what enables bitUSD to operate securely, efficiently, and in a way that protects user data without compromising on DeFi usability.
Understanding how Bit Protocol leverages Sapphire helps clarify what makes this platform different — especially when it comes to future-proof privacy and seamless omnichain expansion.
Key features
EVM Compatibility: Enables omnichain functionality and facilitates easy migration from other EVM networks to Bit Protocol, expanding the user base and market reach without compromising privacy.
Private Storage and End-to-End Encryption: Sapphire's encrypted storage is vital for Bit Protocol, securing the privacy of transactions involving bitUSD.
Encryption Precompiles: These precompiled contracts enable secure, efficient cryptographic operations, ensuring the integrity and security of transactions within the Bit Protocol ecosystem.
Free View Calls: This feature enhances user experience and reduces operational costs, allowing the development of sophisticated financial tools within the DeFi space.
Web2 Authentication Integration: Support for advanced authentication methods offers the potential to enhance user accessibility and trust, and facilitate mainstream adoption.
Main Benefits
Enhanced Privacy and Security: Central to Bit Protocol, Sapphire’s privacy-centric architecture ensures secure financial transactions and data protection.
Development and User Adoption: EVM compatibility and a developer-friendly environment enable rapid innovation and growth, attracting users from other blockchain ecosystems.
User Experience: Free view calls and advanced authentication improve accessibility and appeal, enhancing the scope and potential of Bit Protocol and associated services built on top of the protocol.
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