The Hemi Network is a modular Layer-2 blockchain protocol designed to integrate the strengths of Bitcoin and Ethereum, providing enhanced scalability, security, and interoperability. It was co-founded by Jeff Garzik, an early Bitcoin core developer, and Max Sanchez, a blockchain security pioneer. The network aims to unify these two major ecosystems into a "supernetwork," enabling innovative decentralized applications (dApps) and fostering seamless cross-chain interactions.<h2>Key Features</h2><ul><li>Hemi Virtual Machine (hVM): Integrates a complete Bitcoin node within the Ethereum Virtual Machine (EVM), allowing developers to create smart contracts compatible with both Bitcoin and Ethereum. This unlocks Bitcoin-based DeFi applications such as staking, lending markets, and democratized MEV marketplaces.</li><li>Proof-of-Proof (PoP) Consensus Protocol: Inherits Bitcoin's security in a decentralized manner while offering "Bitcoin-security-as-a-Service" to other networks.</li><li>Trustless Cross-Chain Portability: Facilitates secure asset movement between chains using advanced tunneling methods, improving upon traditional bridges.</li><li>Asset Programmability: Offers features like on-chain routing, time-locks, password protection, and gasless transfers for seamless asset movement.</li></ul>

Hemi Ecosystem

Node Sale on Impossible Finance

On September 18, 2024, Hemi Labs has announced a $15 million investment round to develop and launch the Hemi Network.

Hemi Network

The Hemi Network is a modular Layer-2 blockchain protocol designed to integrate the strengths of Bitcoin and Ethereum.

George Burke

Jihan Wu

YZi Labs (Prev. Binance Labs)

Alchemy

Quantstamp

Impossible Finance

Big Brain Holdings

SNZ Holding

Cypher Capital

Crypto.com Capital

TRGC

Gate Ventures

Web3.com Ventures

HyperChain Capital

Breyer Capital

Capital6 Eagle

Artichoke Capital

DNA Fund

Protein Capital

BTC Inc

Sunflower Fund

The SALT Fund

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Hemi Network

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Name	Tier	Type
YZi Labs (Prev. Binance Labs) Lead	1	Incubator
Alchemy	2	Corporation
Quantstamp	2	Corporation
Impossible Finance	2	Corporation
Big Brain Holdings Lead	3	Venture
SNZ Holding	3	Venture
Cypher Capital	3	Venture
Crypto.com Capital	3	Exchange
TRGC	3	Venture
Gate Ventures	3	Venture

Hemi Network

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Hemi Network Funding Insights

Fundraising Info

Tokenomics

Token allocation

Additional Links

Funding Rounds and Node Sales

Hemi Network Investors and Backers

Trending Token Sales

Node Sale