eOracle Powers Hemi, Bringing Verified Web3 Data Security to Bitcoin + Ethereum Supernetwork

Mar 13, 2025
eOracle powers Hemi, bringing the largest and most secure oracle network to this innovative modular Layer-2 protocol. This integration enables builders to access reliable price feeds through eOracle's decentralized solution, supporting a new wave of applications that leverage both Bitcoin and Ethereum's capabilities.

Introduction to Hemi

Hemi is a modular Layer-2 protocol designed for superior scaling, security, and interoperability, uniquely powered by both Bitcoin and Ethereum. Rather than approaching these networks as separate ecosystem silos, Hemi views them as components of a single supernetwork, unlocking new levels of programmability, portability, and potential.

At Hemi's core lies the Hemi Virtual Machine (hVM), which innovatively incorporates a full Bitcoin node within an Ethereum Virtual Machine. Combined with the Hemi Bitcoin Kit (hBK), developers gain access to a familiar yet powerful platform for creating next-generation decentralized applications (hApps) with seamless Bitcoin and Ethereum interoperability.

Key advantages of the Hemi ecosystem include:

  • Bitcoin Programmability: The hBK provides smart contracts with granular indexed views of Bitcoin state, enabling DeFi applications previously impractical or impossible to execute via an EVM
  • Bitcoin Superfinality: Hemi's Proof-of-Proof (PoP) consensus mechanism ensures transactions surpass Bitcoin's level of security in just a few hours
  • Trustless Cross-chain Portability: The hVM's awareness of both Bitcoin's and Ethereum's states enables secure asset transfers between Hemi and other chains
  • Extensibility: External projects can create their own chains secured by Hemi's technology, facilitating Bitcoin-Security-as-a-Service

eOracle's Comprehensive Support for the Hemi Ecosystem

eOracle's deployment on Hemi brings unprecedented capabilities for accessing reliable price data feeds. This integration enables developers to tap into secure financial metrics crucial for building DeFi applications across both the Bitcoin and Ethereum ecosystems.

The deployment combines security and scalability advantages from both protocols. Developers can build innovative dApps using Hemi's gas-efficient infrastructure and Bitcoin consensus while benefiting from eOracle's Ethereum-based trust mechanisms. This combination offers builders a secure, interoperable foundation for new blockchain applications.

You can find the eOracle price feeds on Hemi here

Supporting Next-Generation DeFi Applications

eOracle has already begun supporting DeFi protocols within the Hemi ecosystem, enabling them to create more secure and reliable dApps. Protocols like LayerBank, Satoshi Protocol, ZeroLend, and Bima will be using eOracle's price feeds on Hemi, joining the growing list of chains where eOracle supports DeFi growth.

The eOracle Stack: Rewriting the Oracle Landscape

Web3's ambition to revolutionize real-world industries has faced a significant bottleneck: getting reliable real-world data on-chain in a truly decentralized way. The eOracle Stack tackles this challenge by introducing a comprehensive oracle infrastructure platform that enables domain experts to build specialized Oracle Validated Services (OVS).

Rather than forcing every oracle provider to build and maintain their entire stack – from infrastructure to security, node networks, and data solutions – eOracle provides a modular foundation through three key components: eOracle Modular Operators leveraging EigenLayer's security, an Immutable Layer for transparent data processing, and a Cryptographic Broadcaster for cross-chain data delivery.

This separation of concerns allows domain experts to focus on their specific data quality and validation needs, whether in finance, climate, or legal data, while inheriting enterprise-grade security and reliability. Think of it as the Wikipedia of oracle development – instead of trying to write all content internally, it empowers specialists to contribute their expertise within a secure, standardized framework.

Visit the OVS Stack Webpage here

Resources for Builders & the Community

Join us in building the future of social-aware decentralized applications, powered by eOracle's secure and reliable data feeds. Together, we're creating more engaging and personalized Web3 experiences.

Developers interested in implementing eOracle solutions can access our comprehensive documentation and support resources:

John Broadley