Summary
TLDR: Mezo is a permissionless Bitcoin economic layer that aims to bring 25% of the world’s economy on-chain by leveraging a neutral smart contract infrastructure. It will offer cheap and fast transactions and allow users to access applications that use Bitcoin for everything. Mezo will go live with support from Thesis’ tBTC token, which enables users to get bitcoin into Ethereum’s DeFi ecosystem. Users can hold their bitcoin while earning a yield for securing the network.
Key Points
1. Mezo is a “permissionless Bitcoin economic layer” that leverages a neutral smart contract infrastructure to offer a wide range of applications for users.
2. Mezo is designed to amplify the Bitcoin blockchain’s infrastructure and provide cheap and fast transactions by allowing users to access applications that use Bitcoin for everything, enabling a thriving circular economy.
3. Mezo will go live with support from Thesis’ bitcoin-backed Ethereum token tBTC, which allows users to get bitcoin into Ethereum’s decentralized-finance (DeFi) ecosystem.