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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

Tokens are generally assets that can represent proof of ownership or even membership. As tokens are already being used for a wide range of purposes, many specialized blockchains have been developed with native intent to support tokens, the most common of which is currently Ethereum and their ERC standard tokens. Socios.com is an app for football (soccer) fans, where users acquire voting rights to influence the clubs they support by acquiring club-specific Fan tokens.

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