BITLAYER: BRINGING SMART CONTRACTS TO BITCOIN
Bitlayer is a Layer 2 solution built to unlock smart contracts on the Bitcoin network. Unlike Ethereum, Bitcoin doesn’t natively support complex decentralized apps. Bitlayer changes that by using a technology called BitVM, which lets developers run Ethereum-compatible smart contracts securely on top of Bitcoin.
This means you can have decentralized finance (DeFi), NFTs, and other dApps benefit from Bitcoin’s strong security while enjoying faster and cheaper transactions. Bitlayer avoids relying on third-party custodians by anchoring all contract activity directly on Bitcoin’s blockchain, keeping trust minimal and security high.
Bitlayer’s native token, BTR, plays a key role in governance, staking, and incentivizing network participants. With its mainnet launch and growing ecosystem, Bitlayer aims to bridge Bitcoin’s unmatched security with the flexibility of Ethereum-style applications, opening new possibilities for Bitcoin holders and developers.
