#Bitlayer BITLAYER: SMART CONTRACTS ON BITCOIN
Bitlayer is a Layer 2 solution that brings Ethereum-compatible smart contracts to the Bitcoin network. Using BitVM technology, it allows decentralized apps (dApps) to run securely on Bitcoin’s blockchain without relying on third parties. This combines Bitcoin’s strong security with the flexibility of Ethereum-style contracts.
The native BTR token supports governance, staking, and rewards within the Bitlayer ecosystem. Bitlayer aims to make Bitcoin more versatile by enabling DeFi, NFTs, and other applications while keeping transactions fast and cost-effective. With its upcoming mainnet launch, Bitlayer is set to expand Bitcoin’s use cases significantly.
