FAQ
Last updated: October 4, 2024
What is a BVS?
BVS stands for Bitcoin Validated Service. A BVS is any decentralized application which consumes Bitcoin security by settling on top of Satlayer. Read more details on the different roles in SatLayer Architecture.
Can users send receipt tokens to other wallets or contracts?
Yes, users can send receipt tokens to other wallets and/or contracts. Staking these receipt tokens on SatLayer would allow users to earn Sats².
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