Bitcoin Asset Whitepaper
The Bitcoin Asset whitepaper was written and published by the core project team in 2021, against a backdrop of growing concern over the performance and cost pain points of existing blockchain protocols. Its aim is to provide a more efficient, low-cost, and user-friendly decentralized application ecosystem.
The theme of the Bitcoin Asset whitepaper is “Bitcoin Asset Protocol: Building an Efficient, Low-Cost Decentralized Ecosystem.” What makes Bitcoin Asset unique is its introduction of the HPoS consensus mechanism and EVM compatibility, enabling higher transaction speeds and lower transaction fees. The significance of Bitcoin Asset lies in offering developers and users a high-performance, low-barrier blockchain platform, laying the foundation for the expansion of the decentralized application (DApp) ecosystem.
The original intention of Bitcoin Asset is to create an open, efficient, and economical decentralized network, addressing issues such as high transaction fees and slow transaction speeds faced by existing blockchains. The core viewpoint presented in the Bitcoin Asset whitepaper is: by combining the HPoS consensus mechanism with EVM compatibility, it significantly improves transaction efficiency and reduces costs while ensuring decentralization, thereby enabling the widespread adoption of decentralized applications.