ProofNet Overview

What is live in the current Sidepit ProofNet release.

ProofNet is Sidepit's current live, real-Bitcoin proving stage. It combines the exchange engine, browser trading app, public NNG/protobuf protocol, Python SDK, agent skills, and a complete owner-controlled unlock path.

Product stages

• Beta — December 2024: Sidepit opened its original private beta.

• ProofNet — August 10, 2026: The current live stage began on real mainnet Bitcoin.

• Launch — targeted for Q4 2026: The planned production launch follows ProofNet.

Live product surface

• Dated Bitcoin-margined USDBTC forwards

• DLOB — one-second deterministic auctions

• Limit, cancel, cancel/replace, and native immediate-or-cancel market orders

• Daily mark-to-market settlement in satoshis

• UniSat account signing

• Protocol-enforced trading-agent authorization and revocation

• Owner-signed explicit or MAX unlock requests

• Public market, order, rejection, position, margin, and account-operation data

The account has one continuous identity

Your Native SegWit bc1q Bitcoin address is the Sidepit ID used from funding through trading and unlock. The exchange learns that public identity from the LOCK transaction input. Bitcoin unlocked from the account returns only to that same address; there is no destination field.

An agent gets a different identity. The owner signs its authorization in UniSat, and the agent then signs orders with its own key while naming the owner's account and its agent_id. The protocol rejects attempts by an agent to unlock funds, authorize another agent, or revoke authority.

Observe, do not infer

Submission means a request was received or queued; it does not mean an order filled or an account operation completed. Sidepit publishes named receipts and outcomes so clients can follow the same public operation or order ID to its result.

For unlocks, the normal path is:

PENDING → RESERVED → PROCESSING → COMPLETED

The web app and public account view retain those states across restart. Sidepit does not promise how long the lifecycle will take.