Native Network
Native Network is a Bitcoin application layer built on Zero Trust Architecture that aims to improve security and support scalable applications within the Bitcoin ecosystem. [1] [2]
Overview
Native Network, founded by Robert Zaremba and Siva Sagiraju, is a Bitcoin application layer that aims to enhance security, scalability, and programmability through Zero Trust Architecture. It utilizes native Bitcoin for staking and governance, avoiding bridging mechanisms. By incorporating technologies like the dWallet Network, it seeks to ensure secure operations and support programmable smart contracts, beginning with CosmWasm.
The platform aligns with Bitcoin’s principles, aiming to provide a decentralized and secure foundation for scalable application development. [1] [2] [3] [7]
Products
BLISS
The BLISS Stack (Bitcoin Liquidity, Interoperability, and Secured Scaling Stack) aims to integrate the Bitcoin ecosystem by providing access to BTC, Runes, Ordinals, and BRC-20s across blockchains and Layer 2 solutions.
It includes a trust-minimized bridge, state verification for security, and unified liquidity. The stack is designed to support low-cost Layer 2 operations, enable faster finality, and encourage network participation through token staking. [4] [5]
BYield
BYield aims to simplify access to decentralized finance (DeFi) for Bitcoin holders by providing a unified interface for Bitcoin yield opportunities. It integrates options from Bitcoin Layer 1 protocols, Layer 2s, rollups, and sidechains, without the need for asset bridging or wrapping.
Built on a trust-minimized architecture, BYield seeks to offer secure and transparent access with tailored yield recommendations and clear listings, allowing users to earn yield directly from their Bitcoin wallets. [6]
Architecture
Native Network utilizes the Cosmos stack to support decentralization, offering BTC and ftBTC integration with customizable modules for staking and governance. The platform aims to ensure security through Zero Trust Architecture and a Byzantine Fault Tolerant (BFT) consensus mechanism, which provides immediate transaction finality. The architecture separates validators and users, allowing delegators to select node operators.
Key components include dWallet, which manages Bitcoin assets in a decentralized manner, CometBFT for ensuring high throughput and transaction finality, and the Cosmos SDK for building flexible blockchain applications. Future plans include integrating MoveVM to enhance smart contract security.
The network aims to maintain security through continuous verification and Data Availability (DA) to support transaction integrity, addressing scalability concerns while encouraging community-driven governance. [1]
Use Cases
Native Network aims to provide a decentralized infrastructure for developers to create secure and efficient applications across various sectors. Key use cases include:
- DeFi: Platforms that enable BTC-backed loans without the need for wrapping or bridging assets.
- Gaming: In-game assets managed with BTC or ftBTC, allowing secure, on-chain transactions.
- Launch Pads: Platforms for conducting IDOs and token issuance in a secure environment.
- Account Names: Human-readable ".BTC" addresses with an auction system to ensure fair distribution.
- Ordinals and Runes: Support for decentralized metadata inscription and NFTs on the Bitcoin blockchain.
- Zero Trust Protocols: Ensuring secure transactions through continuous cryptographic validation, without reliance on centralized authorities. [1]
Tokenomics
Native Token ($NTIV)
NTIV is the utility token within the Native Network, designed to manage transaction fees, reward protocol contributors, and enable governance participation. It aims to facilitate day-to-day operations, while BTC secures the protocol.
Validators earn NTIV as compensation for transaction processing and network security. The token is also used for protocol fees and governance, allowing holders to vote on proposals related to protocol adjustments and development, ensuring that both BTC stakers and NTIV holders have a role in decision-making. [1]
Partnerships
- Secret Network
- Rooch Network
- BQ Labs
- Agoric
- C4E
- Zulu Network
- Autonomys
- B2 Network
- Nexio
- Satochain
- BiHelix [8]