#Bitlayer Bitlayer is a Bitcoin Layer 2 scaling solution designed to enhance Bitcoin’s scalability, programmability, and efficiency while preserving its core security and decentralization. Built on the Bitcoin Virtual Machine framework, it introduces Turing-complete smart contract functionality to Bitcoin, enabling complex decentralized applications and seamless integration with the Ethereum Virtual Machine Below is a concise explanation of Bitlayer, its key features, and its significance in the Bitcoin ecosystem, based on available information.

Bitlayer is a Layer 2 protocol that addresses Bitcoin’s limitations, such as low transaction throughput, high fees, and lack of native smart contract support. It leverages BitVM, a computational paradigm that enables complex computations on Bitcoin without requiring changes to its base layer. By combining Bitcoin’s security with Ethereum-like programmability, Bitlayer supports dApps, decentralized finance , and cross-chain asset transfers. It operates as an optimistic rollup, batching transactions off-chain and verifying them on Bitcoin’s main chain, ensuring trust-minimized scalability.@BitlayerLabs