ChainCatcher report: The Satoshi Protocol Layer2 settlement network officially launched on April 6, with optimized on-chain data statistics and computational capabilities. Technically, Layer2 supports deep cumulative on-chain calculations, enabling more accurate reflection of on-chain team size and business metrics, while improving processing efficiency in complex scenarios. In terms of governance, the protocol has transferred core permissions to a multisig contract and adopted a dual-track governance model with equal representation (50/50) between developers and core community members, with an execution threshold of 65%, further enhancing decentralization. This upgrade completes the protocol’s transition to community self-governance, providing technical and governance benchmarks for the DeFi ecosystem.
Satoshi Protocol Layer 2 Launches, Completes On-chain Computation and Governance Upgrade
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Summary
The Satoshi Protocol Layer2 launched on April 6, 2026, marking a major protocol upgrade. The network now supports deep on-chain computation, enhancing data accuracy and processing efficiency. On-chain updates reveal that core governance has been transitioned to a multisignature contract, employing a dual-track model with 50% developer and 50% community control. Execution requires a 65% threshold, increasing decentralization. This protocol update provides a governance framework for DeFi projects.
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