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Mr AK aka ishfaquekhp
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Mr AK aka ishfaquekhp
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join for anything about crypto. .. $BTC $BNB #MarketTurbulence
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$SOL TP 186.20$
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Join live and share and learn and breath . #BTCBreaksATH $BOB family join and support .
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Bitlayer Built on Bitcoin’s native security architecture, Bitlayer is constructing a trust-minimized BitVM Bridge, a yield-bearing asset YBTC and a high-throughput Bitcoin Rollup—bringing true utility, speed, and composability to Bitcoin, and establishing a complete DeFi infrastructure for the Bitcoin ecosystem. @BitlayerLabs #Bitlayer
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Bitlayer Built on Bitcoin’s native security architecture, Bitlayer is constructing a trust-minimized BitVM Bridge, a yield-bearing asset YBTC and a high-throughput Bitcoin Rollup—bringing true utility, speed, and composability to Bitcoin, and establishing a complete DeFi infrastructure for the Bitcoin ecosystem. . What is BitVM Bridge? The BitVM Bridge represents a groundbreaking advancement in Bitcoin bridging technology, developed by Bitlayer and powered by the innovative BitVM smart contract. As part of Bitlayer's Bitcoin DeFi infrastructure, BitVM Bridge offers a secure and efficient mechanism for transferring Bitcoin (BTC) into the Bitlayer ecosystem. This integration allows Bitcoin to be actively utilized within the BTCFi ecosystem, enabling seamless trading and interaction with DeFi applications . The architecture of BitVM Bridge is designed to be highly extensible, making it adaptable to a range of blockchain environments. Initially, it supports the Bitlayer rollup and Ethereum, with plans to expand compatibility to other EVM-compatible chains such as Avalanche and Polygon, as well as non-EVM chains like Solana. This flexibility underscores its potential to become a universal solution for bridging Bitcoin across diverse blockchain ecosystems. The token minted through the BitVM Bridge, known as YBTC, plays a central role in this process. What is YBTC: The Yielding BTC Token At the heart of the BitVM Bridge lies YBTC, the token minted on the Bitlayer rollup and other supported environments when users lock their Bitcoin into the BitVM smart contract. YBTC is designed to be a secure and reliable representation of Bitcoin within decentralized ecosystems, and its design reflects the principles of trust minimization and security that underpin the BitVM Bridge. YBTC maintains a strict 1:1 peg with BTC, ensuring that every YBTC token in circulation is backed by an equivalent amount of Bitcoin locked in the BitVM smart contract. Unlike tokens issued by centralized custodians, @BitlayerLabs #Bitlayer
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