The new Token Generation Event (TGE) for Bitlayer has arrived, promising a spectacular opportunity for its users! This time, eligible brothers with over 61 Alpha points are set to reap substantial rewards. The first phase of this event involves distributing a whopping 5.7 million $BTR rewards exclusively for Binance users who meet specific criteria.
To participate, users must complete social tasks, hold a minimum of $0.00006 BTC on the Bitlayer chain, and engage with the minting process of the BitVM public chain collaboration. This innovative approach is a testament to how the paradox of scalability within blockchain technology has been truly addressed.
Bitlayer stands as a core expansion solution within the Bitcoin Layer 2 ecosystem, uniquely structured with a triple architecture of "native security + EVM compatibility + elastic expansion." This architecture secures its foundation using the Proof of Work (PoW) computing power of the Bitcoin mainnet. Its cryptographic verification mechanism inherits Bitcoin's decentralized trust, significantly enhancing security redundancy—improving it by at least three orders of magnitude compared to traditional sidechain or consortium node solutions.
Moreover, Bitlayer employs optimized Rollup technology, achieving millions of Transactions Per Second (TPS) throughput while maintaining compatibility with the Ethereum Virtual Machine (EVM). This compatibility allows developers to migrate existing decentralized applications (DApps) with zero cost, thereby addressing the longstanding challenges of smart contract development within the Bitcoin ecosystem. With decentralized applications having successfully completed their testnet deployments, Bitlayer is poised to redefine the landscape of blockchain scalability and usability, opening immense possibilities for developers and users alike.