Crypto mining firm Marathon Digital is incubating a multi-chain sidechain network focused on Bitcoin named Anduro.

The first two sidechains on Anduro, Coordinate and Alys, are currently under development. Coordinate aims to provide a more efficient UTXO stack for Ordinals, while Alys is an EVM-compatible network for asset tokenization.

“Anduro is a platform built on the Bitcoin network that allows for the creation of multiple sidechains, providing a new avenue for innovation within the Bitcoin ecosystem,” the announcement said. Marathon added that it intends developments on the network, designed to incorporate decentralized governance, to be community-led. 

Anduro utilizes a system called merge-mining, where miners can potentially earn Bitcoin-denominated revenue from …