Bitlayer
is a Layer 2 network built on Bitcoin, aimed at expanding the capabilities of the Bitcoin network to include smart contracts and decentralized applications while maintaining the security of Bitcoin itself.
It relies on technology that allows for complex operations to be executed off-chain and verified on the Bitcoin network, making transactions faster and cheaper.
It is also compatible with the EVM environment of Ethereum, making it easier to transfer applications from there and run them on Bitcoin.
Its main features:
Bitcoin-based security.
Support for smart contracts and decentralized applications (DeFi, Games, NFTs).
Greater speed and lower fees through transaction aggregation.
Scalability to accommodate a large number of users and projects.
In short, it is a bridge between the security of Bitcoin and the flexibility of modern networks like Ethereum.
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