#Bitlayer Bitlayer is a revolutionary Layer 2 scaling solution specifically designed for Bitcoin that combines the unmatched security of Bitcoin's base layer with the programmability and flexibility of the Ethereum Virtual Machine (EVM). As the first rollup solution specifically designed for Bitcoin, Bitlayer leverages the strength of Bitcoin's fundamental security while introducing full Turing programmability that allows developers to create sophisticated decentralized applications and smart contracts that were previously impossible within Bitcoin's native framework.
BTR is the native token of the Bitlayer ecosystem, serving as the cornerstone for governance and incentives within the ecosystem. With a total supply of 1 billion tokens, BTR empowers holders to participate in crucial governance decisions and shapes the direction of platform development while rewarding active ecosystem participants who contribute to the growth of Bitlayer.
Built on the innovative BitVM paradigm, Bitlayer brings smart contract capabilities to Bitcoin while maintaining full compatibility with the Ethereum Virtual Machine, allowing developers to migrate Ethereum applications and tools without significant modifications. This unique combination positions Bitlayer as more than just a scaling solution; it is a platform that reimagines Bitcoin's potential, enabling users and developers to unlock new possibilities in decentralized finance, trustless systems, and scalable infrastructure.
The total supply of BTR is 1 billion.
