Introduction

Developers can utilize the SatLayer platform to borrow Bitcoin security for their BVS. Broadly, this process requires developers to hook their off-chain software into SatLayer's on-chain system to enable programmatic slashing of collateral for misbehavior and on-chain payments. These payments are sent to operatorswho opt-in to validate these services through the bvs registry. Specifically, these payments are deposited into the vaults delegated to these operators.

Running a Bitcoin Validated Service (BVS)

Services running on SatLayer must complete the following steps: 1) Develop the reward and punishment (i.e., slashing mechanisms) to ensure good behavior of all ecosystem participants

2) Create an address on Babylon Genesis using a wallet app such as Keplr.

3) Register the service in SatLayer's bvs-registrycontract alongside the operatorsyou wish to use for validation.

4) Disperse rewards at regular intervals to keep operators incentivized.

Once the service is registered to operators, they will begin automatically validating it according to the specified rules.

Interested in developing a Bitcoin Validated Service (BVS)? Reach out to us and let us help you design your application to best take advantage of bitcoin security!