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Powered by Bitcoin and Ethereum, Hemi is a modular network for superior scaling, security, and interoperability. While other projects approach Bitcoin and Ethereum as ecosystem silos, limiting the potential of both, Hemi views them as components of a single supernetwork. This unlocks new levels of programmability, portability, and potential for Bitcoin DeFi and so much more. Hemi was co-founded by Jeff Garzik (former Bitcoin core developer) and Max Sanchez (inventor of the Proof-of-Proof consensus protocol), and is surrounded by a team of renowned blockchain engineers, strategic partners and investors.

Hemi envisions a new, converged Internet ecosystem that is more secure, more interoperable, and more ready for the many challenges of Bitcoin DeFi, as well as a web3 and AI-driven future that is colliding with the Internet at large.

Hemi features include:

Hemi Virtual Machine (hVM) – An Ethereum Virtual Machine wrapped around a Bitcoin node, delivering the best-possible access to the respective states of Bitcoin and Ethereum.

Hemi Bitcoin Kit (hBK) – Making hVM’s unique awareness of Bitcoin’s state accessible to developers, enabling the next generation of Bitcoin DeFi

Proof-of-Proof Consensus – The most decentralized, censor-resistant way to achieve Bitcoin-level security.

Tunnels – A more secure way to move assets from Bitcoin to Hemi and from Hemi to Ethereum.

HEMI is the native utility token that is used for:

Protocol governance, and as a future gas token.

Hemi

peaq is a layer-1 blockchain powering the Machine Economy. It is designed to power Decentralized Physical Infrastructure Networks (DePINs) and the billions of devices, robots and vehicles (RWAs) that run on them. At the time of launch, peaq is home to over 50 DePINs in 20+ industries.

Wrapped peaq

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