What is Bitlayer? A brief overview for beginners.
Friends, have you heard about Bitlayer? It is the first Bitcoin-equivalent PoS (Proof of Stake) Layer 2, built on the basis of BitVM. It combines the advantages of Bitcoin, such as security and decentralization, with the efficiency of PoS networks.
Key benefits:
* Security: Follows fraud-proof protection based on BitVM.
* Scalability: Solves the issue of congestion in the main Bitcoin network.
* EVM Compatibility: Easily integrates with tools and decentralized applications (dApps) of Ethereum.
You can find out more about Bitlayer on their official website. In the meantime, share in the comments what you think about L2 solutions for Bitcoin!
