As demand for Bitcoin-based applications continues to grow, users are at the forefront of driving innovation. Enter Coordinate, a new Bitcoin-native sidechain designed to meet these evolving needs. Built by Anduro, an innovation unit incubated by MARA, Coordinate empowers Bitcoin users with scalable, flexible transaction capabilities, without compromising on the core principles of Bitcoin.
Coordinate introduces fast, consistent settlement times, on-chain asset issuance, and lower fees—all on Bitcoin Script. Network fees, meanwhile, are paid in cBTC, Coordinate’s native asset which is redeemable 1:1 for bitcoin. Keeping with Bitcoin’s ethos, Coordinate avoids any token fundraises or pre-sales and offers SHA-256 merge-miners bitcoin-denominated rewards via Anduro’s hybrid consensus mechanism.
Key Features Designed for the Bitcoin Community:
- Bitcoin-Pegged Native Asset (cBTC): Users can transact in cBTC, redeemable 1:1 for Bitcoin, offering familiar Bitcoin value and reliability while enhancing flexibility.
- Compatibility with the Lightning Network: Build Lightning apps with less complex channel logistics and swap directly to Bitcoin.
- Hybrid Consensus: By combining Bitcoin’s Proof-of-Work and a Strong Federation model, Coordinate ensures reorg-resistant transactions, providing users with enhanced security and stability.
- Premium Transacting: Coordinate offers MEV-resistant transacting with a reverse auction fee market and finality in about one minute. Premium users avoid fee bumps and overpaying.
- UTXO Asset Tokenization: Coordinate users can tokenize digital assets using Bitcoin’s UTXO model, opening new opportunities in decentralized finance.
- Blob Storage for Data-Intensive Applications: Users and developers can leverage expanded block space for data storage, addressing the needs of applications that require additional capacity.
"Part of the goal behind Anduro is to achieve the Drivechain vision without any soft forks. Coordinate is a great example of what else can be done with Bitcoin when you don’t have to worry about impacting the L1 Bitcoin network” explains Michael Casey, Director of Engineering at MARA and the architect behind Coordinate.
For Bitcoin users, Coordinate isn’t just another sidechain; it’s a tool that brings Bitcoin’s true potential to life. By offering new ways to transact, secure assets, and scale applications, Coordinate keeps the user at the center, preserving the essence of Bitcoin while expanding what’s possible.
Coordinate is currently live on testnet and open for early testing. To learn more or to start building on Coordinate, connect with the Anduro team at anduro@mara.com. Your Bitcoin journey, enhanced.
