PATH Protocol

The PATH protocol is a layer-2 extension solution that is entirely based on the Bitcoin consensus. It utilizes the UTXO (Unspent Transaction Output) model, which is built upon the Depin/POW (Proof of Work) consensus mechanism. This approach addresses the issue of scalability by leveraging the high-concurrency advantages of the UTXO model. The PATH protocol supports Turing-complete smart contracts and is fully compatible with mainstream EVM (Ethereum Virtual Machine) systems, enabling one-click migration and deployment of popular DApps (Decentralized Applications).