On March 6, MAP Protocol (MAPO) has been launched on HotsCoin. MAP Protocol (MAPO) is Bitcoin's second layer and point-to-point full-chain infrastructure based on light clients and ZK technology, focusing on cross-chain interoperability. MAPO is currently open for trading on HotsCoin.
1.MAP Protocol (MAPO) introduction:
Bitcoin’s second layer and peer-to-peer full-chain infrastructure based on light clients and ZK technology, focusing on cross-chain interoperability.
2. Token information:
Token symbol: MAPO
Total amount of tokens: 10,000,000,000
3. Token distribution ratio and unlocking rules:
Team: 15%
Foundation: 12%
Ecosystem: 21%
Mining: 30%
Institutions and partners: 22%
Charging model
MAP Protocol only charges gas fees generated on the MAP Protocol network in cross-chain transactions; Maintainers can receive additional rewards from MAP Protocol for updating and maintaining light nodes.
The Pulse Protocol, or MAP Protocol, is a second-layer Bitcoin network and a point-to-point full-chain interoperability network that focuses on cross-chain interoperability. It provides the infrastructure for blockchain-based assets, storage, and computing to achieve interoperability across EVM and non-EVM chains. As a full-chain infrastructure, Pulse does not rely on any third party for cross-chain communication. The only thing that is trusted is the code, which leverages the self-verifying nature of light clients to cross-chain in a completely peer-to-peer manner. When a cross-chain request occurs on the source chain, it will be transmitted to the target chain through the off-chain role. The light client deployed on the source chain will then verify the validity of cross-chain requests sent by off-chain actors in a point-to-point manner.
Additionally, Pulse’s security is further enhanced through the Bitcoin network. All relevant information, such as epochs and the PoS consensus of the MAP Protocol network, are written into Bitcoin blocks as transactions. This will prevent long-range attacks on the relay chain, leveraging the Bitcoin network security mechanisms to further ensure the security of the relay chain.
Summarize:
The Pulse Protocol is a flexible and innovative full-chain interoperability infrastructure and a platform for point-to-point cross-chain interoperability and Web3 dApp development, rather than a closed, single-purpose protocol specifically targeted at a particular use case. The Pulse protocol is open in design and community, and we look forward to Pulse serving as the basis for more new financial and non-financial protocols.
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