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Bitlayer has run several initiatives—like the “Ready Player One” developer incentive program and various leaderboard competitions and accelerator programs—where top projects or users are ranked and rewarded. @BitlayerLabs #Bitlayerlabs
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@BitlayerLabs #Bitlayer Bitlayer was created by Dr. Max Thake and the Bitlayer Foundation team in 2024, with contributors from the Bitcoin, Ethereum, and rollup research communities. The project’s development draws on expertise from blockchain protocol engineers, cryptographers, and researchers focused on Bitcoin scalability and security. The Bitlayer Foundation, along with ecosystem partners, aims to expand Bitcoin’s capabilities through the BitVM-based Layer-2 architecture, enabling EVM-compatible smart contracts directly secured by Bitcoin. Its creators emphasize open-source development, interoperability, and a permissionless ecosystem where developers can build high-performance decentralized applications while leveraging Bitcoin’s unmatched security model.
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Bitlayer is a Bitcoin-native Layer-2 platform built using the BitVM paradigm, offering fast, Ethereum-compatible smart contract functionality while anchoring its security directly to Bitcoin. It combines a PoS-based execution layer with rolling settlement to Bitcoin, delivering sub-second “soft” finality and Bitcoin-level “hard” finality via a challenge-based rollup settlement process . Bitlayer empowers scalable DeFi and DApp development on Bitcoin, enabling trust-minimized bridging, smart contracts, and high throughput without sacrificing decentralization or security . @BitlayerLabs #Bitlayer
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Bitlayer is a Bitcoin-native Layer-2 platform built using the BitVM paradigm, offering fast, Ethereum-compatible smart contract functionality while anchoring its security directly to Bitcoin. It combines a PoS-based execution layer with rolling settlement to Bitcoin, delivering sub-second “soft” finality and Bitcoin-level “hard” finality via a challenge-based rollup settlement process . Bitlayer empowers scalable DeFi and DApp development on Bitcoin, enabling trust-minimized bridging, smart contracts, and high throughput without sacrificing decentralization or security . #Bitlayer
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