🚀#Bitlayer Bitcoin's first Turing-complete Layer 2
@BitlayerLabs is using BitVM technology to expand Bitcoin into a high-performance network capable of running smart contracts. It inherits the security of BTC while offering Turing-complete computational power, making applications like DeFi, NFTs, and gaming possible within the Bitcoin ecosystem.
Core Advantages
Security: Directly leverages Bitcoin mainnet consensus
Programmability: Breaks beyond BTC's transfer-only limitations
Ecosystem Potential: Developers can directly deploy EVM-compatible contracts
Recent Developments
Bitlayer has completed an $11M Series A funding round (led by Franklin Templeton and others) and launched a $50M "Ready Player One" incentive program to support developers and ecosystem partners and drive the explosive growth of Bitcoin DeFi.
A new era for Bitcoin has begun. Bitlayer is making BTC more than just a store of value, but a hub for financial innovation!
