Bitlayer: A New Era for Bitcoin Layer 2
In the world of cryptocurrency, Bitcoin has always held an unshakable position. However, as the number of users increases, the scalability issues of the Bitcoin network are becoming increasingly apparent. Today, I would like to introduce an exciting project - Bitlayer, which is dedicated to solving this challenge and paving new paths for the future of Bitcoin.
Bitlayer is an innovative Layer 2 project aimed at improving the transaction processing capacity and efficiency of the Bitcoin network through its unique blockchain protocol engineering. As the first Bitcoin infrastructure project to receive ETF licensing for institutional investment, Bitlayer sets a new benchmark in security and compliance. By introducing BitVM (Bitcoin Virtual Machine), it achieves trust-minimized smart contract execution, ensuring that transaction speed is increased without compromising the security of the Bitcoin network.
The technical architecture of Bitlayer is based on a Layered Virtual Machine (LVM), a design that separates the execution of smart contracts from the generation of zero-knowledge proofs, thereby improving the scalability and flexibility of the system. This innovative approach not only supports multiple types of contracts but is also compatible with different zero-knowledge proof validators, providing technical support for the diversity of the Bitcoin ecosystem.
By participating in the ecological construction of Bitlayer, you will have the opportunity to earn generous rewards. Currently, the BTCFI Carnival event co-hosted by Bitlayer and Binance Wallet is in full swing, with total rewards reaching up to $1.2 million. Just complete simple tasks,
It is especially worth mentioning that holders of Bitlayer's lucky helmets will also receive exclusive rewards as a special thank you to long-term supporters. The event starts on December 10, 2024, and will last until January 24, 2025, making now the best time to join!
Don't miss this opportunity to walk alongside the future of Bitcoin!
Let us explore @BitlayerLabs together and witness the next leap in the Bitcoin ecosystem! #bitlayer
