Bitlayer is the first Bitcoin Layer-2 solution designed to provide a development and usage environment similar to Bitcoin, leveraging technologies such as OpVM, Finality Bridge, and RtEVM. Bitlayer collaborates with Binance, including in the list of projects joining Binance Wallet. Bitlayer also hosts the BTCFI Carnival event with Binance Wallet, which requires participants to have a BTC balance and mint exclusive SBT.
Further explanation:
Bitlayer as Bitcoin Layer-2:
Bitlayer is a second layer on top of the Bitcoin network, aiming to enhance the scalability and functionality of Bitcoin without compromising the security guaranteed by Bitcoin itself.
Key Technologies:
Bitlayer utilizes several innovative technologies:
OpVM: Technology that enables efficient and secure execution of smart contracts on layer 2.
Finality Bridge: A bridge that connects layer 2 with the Bitcoin network, ensuring that transactions can be reliably confirmed.
RtEVM: An environment compatible with EVM (Ethereum Virtual Machine) that allows developers to build decentralized applications (dApps) on layer 2.
Bitlayer is the first Bitcoin Layer-2 solution designed to provide a development and usage environment similar to Bitcoin, leveraging technologies such as OpVM, Finality Bridge, and RtEVM. Bitlayer collaborates with Binance, including in the list of projects joining Binance Wallet. Bitlayer also hosts the BTCFI Carnival event with Binance Wallet, which requires participants to have a BTC balance and mint exclusive SBT.
Further explanation:
Bitlayer as Bitcoin Layer-2:
Bitlayer is a second layer on top of the Bitcoin network, aiming to enhance the scalability and functionality of Bitcoin without compromising the security guaranteed by Bitcoin itself.
Key Technologies:
Bitlayer utilizes several innovative technologies:
OpVM: Technology that enables efficient and secure execution of smart contracts on layer 2.
Finality Bridge: A bridge that connects layer 2 with the Bitcoin network, ensuring that transactions can be reliably confirmed.
RtEVM: An environment compatible with EVM (Ethereum Virtual Machine) that allows developers to build decentralized applications (dApps) on layer 2.