#Bitlayzer @BitlayerLabs Bitlayer is a Bitcoin Layer 2 solution based on BitVM, aiming to enhance the scalability and programmability of the Bitcoin network. It supports complex decentralized applications (dApps) through Turing-complete smart contracts and is compatible with the Ethereum Virtual Machine (EVM), making it easier for developers to migrate applications. Bitlayer utilizes zero-knowledge proofs (ZKP) and optimistic verification mechanisms to achieve efficient transaction processing and cross-chain asset transfers while maintaining the security of Bitcoin. Its native token $BTR (with a total supply of 2.1 billion) is used for governance and incentives, supporting DeFi, NFTs, gaming, and other ecological applications. The Bitlayer V1 mainnet was launched in April 2024, and V2 will introduce a Rollup architecture with higher throughput and lower costs, promoting innovation and adoption in the Bitcoin ecosystem.