Pexebel

About Pexebel token

Pexebel is a solution to layer 2 scaling problems that improves Bitcoin usability in the Solana blockchain. It employs an exclusive bridging method that transforms the accessibility of Bitcoin into a quicker and cheaper process. The verification of data on the Bitcoin blockchain allows for real-time trustless transactions through the bridge interface. Its main characteristics allow the transfer, staking, and use of Bitcoin on Solana’s various dApps without exiting the security perimeter of the Bitcoin network. All processes are conducted via pexebel’s infrastructure, ensuring settlement with actual Bitcoin block data for security and transparency. Users that wish to revert their assets into the main chain Bitcoin have the opportunity to do so without complication. The system uses a trustable proof and token burning system and ensures claim decentralization, which protects the transaction’s validity. This method does not only protect the transaction; it also preserves the decentralized characteristic of the blockchain.