Architecture
The whole system is one vertical flow:
Bitcoin
│
▼
Burn
│
▼
Shared settlement state
│
▼
Applications
│
▼
Settlement Providers
│
▼
Native Bitcoin
Bitcoin
The source of truth. BATHRON carries the Bitcoin header chain inside its own consensus: every node validates Bitcoin proof-of-work and chainwork, and scripts can verify Merkle proofs against it. No oracle reports Bitcoin facts — the chain checks them itself. → Bitcoin integration
Burn
The only way value enters. Bitcoin is sent to a provably unspendable output; after enough confirmations, an SPV proof of that burn mints the same amount on BATHRON, satoshi for satoshi. Irreversible, verifiable by everyone, with no issuer. → Monetary invariants
Shared settlement state
The kernel itself: one state, maintained by consensus, that all applications read and write. Deterministic block production every 60 seconds, BFT finality in about a minute, shielded transfers for privacy. → Consensus, Privacy
Applications
Covenants written against the settlement state: payments, escrow, DvP, vaults, OTC. They are scripts enforced by every node — not services run by anyone. → Applications
Settlement Providers
The exit to native BTC. An open market of providers quotes prices and supplies Bitcoin liquidity, competing on fees. The protocol never custodies and never sells. → Settlement Providers
Native Bitcoin
Where users end up. Bitcoin sees two transactions — one in, one out. BATHRON executes everything in between.