#Bitlayer @BitlayerLabs Bitlayer is an innovative Layer-2 solution designed specifically for the Bitcoin network, utilizing BitVM technology to enable smart contracts and decentralized application (dApps) functionality, breaking through the limitations of programmability and scalability inherent in Bitcoin's native design. It significantly enhances transaction throughput and reduces fees through zero-knowledge proofs and optimistic rollup technology while maintaining Bitcoin's security. Bitlayer is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to seamlessly migrate Ethereum applications, facilitating the expansion of the Bitcoin ecosystem into decentralized finance (BTCFi) and complex application scenarios. Its native token BTR is used for governance and ecosystem incentives, aiming to promote widespread adoption and innovation within the Bitcoin network.