Bitlayer, the proposal to turn Bitcoin into the supercomputer of the world
Imagining Bitcoin not just as a store of value, but as the decentralized supercomputer of the world, capable of executing complex smart contracts and diverse applications, is no longer just a futuristic idea. Bitlayer is the project that aspires to transform this dream into reality, designing a technological layer that unleashes the full potential of the Bitcoin network beyond its traditional functions.
This innovative proposal not only seeks to scale Bitcoin's transactional capacity but also to enable a robust platform for the development of decentralized applications (dApps). In doing so, Bitlayer positions itself as a key player in taking the most famous cryptocurrency network to a new technological dimension.
Bitcoin, decentralized supercomputer of the world
Bitlayer is a Layer 2 protocol built on Bitcoin that aims to be much more than a simple network scaler. It uses cutting-edge technologies such as BitVM (Bitcoin Virtual Machine) and zero-knowledge proofs (ZK Proofs) to provide a Turing-complete computational environment, meaning it can execute any type of program or smart contract. This represents a significant evolution for Bitcoin, which until now has had limitations in integrating complex applications like those currently flourishing on networks like Ethereum.
Through this additional layer, Bitlayer allows for batched transactions that are subsequently confirmed on Bitcoin's main blockchain, reducing costs and increasing speed. This not only makes operations more efficient but also opens the doors for developers to deploy dApps with various functionalities, including decentralized finance (DeFi), gaming, non-fungible tokens (NFTs), and many other digital tools that were previously foreign to the Bitcoin ecosystem.
