#Bitlayer
How does Bitlayer work?
• It relies on a rollup-like model, where transactions are aggregated off the main network and then validated with Bitcoin.
• It is designed to operate without direct modifications to the original Bitcoin protocol, dividing tasks between executing smart contracts and validating transactions across separate layers (Layered Virtual Machines - LVM).
Applications and Ecosystem:
Includes DeFi applications on Bitlayer such as lending platforms Trustin Finance and ENZO Finance and LayerBank, as well as stable projects like Satoshi Protocol.
It is also used in gaming applications and non-fungible tokens (NFT) like OKX NFT marketplace and gaming platforms like Moonshot and Anome.
There are also launchpads like Pumpad, and trading and prediction platforms like Macaron and PredX AI.