Bitlayer is a Bitcoin Layer-2 upgrade designed to enhance scalability, programmability, and efficiency, while maintaining Bitcoin’s foundational security and decentralization.

\#Bitlayer @BitlayerLabs

Built on the Bitcoin Virtual Machine (BitVM) framework, it introduces Turing-complete smart contracts to the Bitcoin network, enabling sophisticated decentralized applications and full compatibility with the Ethereum Virtual Machine (EVM).

**Significance:**

Bitcoin’s main layer struggles with limited transaction capacity, high costs, and a lack of built-in smart contract functionality. Bitlayer addresses these issues through BitVM, a computational approach that allows advanced processing without changing Bitcoin’s core protocol.

**Mechanism:**

* Functions as an optimistic rollup, grouping multiple transactions off-chain before finalizing them on Bitcoin’s main network.

* Offers scalability with minimal trust requirements, rooted in Bitcoin’s inherent security.

* Enables decentralized applications, DeFi systems, and cross-chain asset movement.

By blending Bitcoin’s unparalleled security with Ethereum-like adaptability, Bitlayer redefines Bitcoin’s role—elevating it from a mere store of value to a fully programmable, high-capacity DeFi ecosystem.