【BitVM Bridge Mainnet Launch! Bitcoin Assets Cross-Chain Instant Arrival, Transaction Fee Only $0.5】
Bitlayer proudly introduces the trust-minimized cross-chain bridge BitVM Bridge, supporting instant transfers between Bitcoin and five major blockchains such as Base and Arbitrum, with a single transaction fee as low as $0.5 and transfer speeds increased to 3 seconds. This technological breakthrough completely breaks the value isolation between Bitcoin and the DeFi ecosystem, allowing users to freely use BTC assets on chains like Ethereum and Solana.
Technical Principle Analysis:
BitVM Bridge employs zero-knowledge proofs and a multi-signature mechanism to ensure that assets remain under the security protection of the Bitcoin main chain during the cross-chain process. For example, after users deposit BTC into BitVM Bridge, the system will generate a 1:1 pegged YBTC token, which can directly participate in lending, trading, and other DeFi activities on the Base chain without worrying about asset custody risks. Currently, YBTC has integrated with Plume Network, supporting on-chain financing for real-world assets (RWA) such as real estate.
