From 50652ea28a15c184ed1b365f1deedb178e060679 Mon Sep 17 00:00:00 2001 From: askiiRobotics Date: Thu, 24 Oct 2024 17:05:13 +0400 Subject: [PATCH] Update README.md --- README.md | 18 +++++++++++++++++- 1 file changed, 17 insertions(+), 1 deletion(-) diff --git a/README.md b/README.md index 8ccf293..ebb1984 100644 --- a/README.md +++ b/README.md @@ -1,4 +1,20 @@ -# Kaon Network Developer Documentation +# Kaon Network Testnet v2.5 Specification + +Kaon is a Bitcoin-native L1 blockchain with EVM composability, built by a security-first team to address systemic security risks inherent in bridge-, multisig-, oracle-, and rollup-based designs. + +Current solutions either rely on centralized parties and points of failures, or do not allow for seamless integration of EVM environments within a UTXO model framework. All these are hindering the growth and potential of the BTC ecosystem. + +Our mission is to solve these systemic issues. The result is a bridge-less and oracle-less essential infrastructure layer that not only offers the first cryptographically secure wrapped BTC, but goes further and makes Bitcoin interoperability secure, composable and scalable. + +Kaon’s consensus model, UTXO native design, and UTXO and EVM information handling allows it to give the user a combination of important functionalities that are unique only to Kaon. Some of the more pertinent ones include: + +- Avoiding centralisation risk. +- Having control over the entire transaction process. +- Maintaining the same security and privacy standards as Bitcoin. + +All while enjoying seamless integration between EVM environments and the UTXO model. + +Below are Kaon's testnet specifications for Testnet V2.5. This will be updated as future testnet versions are rolled out. ## Overview