Bitlayer is a Layer 2 scaling solution based on the Bitcoin ecosystem, **positioned as the "first Bitcoin secure equivalent ZK-Rollup built on BitVM"**. Its core value lies in:
1. **Technical Architecture**: Utilizing zero-knowledge proofs (ZK) to enhance transaction efficiency, while achieving security verification of the Bitcoin mainnet through BitVM, ensuring asset safety.
2. **EVM Compatibility**: Supports seamless migration of Ethereum smart contracts, significantly expanding the application scenarios of the Bitcoin ecosystem (such as DeFi, NFT).
3. **Ecosystem Progress**: After the mainnet launch, TVL quickly surpassed **$150 million**, attracting over 50 protocol deployments, receiving investment from Binance Labs, and gaining high market attention.
**Challenges** include: the need to continuously optimize ZK proof generation efficiency and compete for developer resources with other Bitcoin L2s (such as Merlin). If the technology is stabilized, it is expected to become the core high-performance infrastructure of the Bitcoin ecosystem.
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