@BitlayerLabs #bitlayer #Bitlayar
The technological innovations of Bit Layer mainly include the following:
1. The use of an optimized BitVM execution environment, supporting full functionality of Solidity smart contracts.
2. Achieving high throughput exceeding 5000 transactions per second, which reduces transaction confirmation times to fractions of a second.
3. Ensuring the completion of all transactions through Bitcoin's mainnet settlement mechanism.
Regarding ecosystem development, Bit Layer has established a comprehensive infrastructure that includes developer tools, cross-chain connectivity, and data indexing. In just six months since its launch, the platform has attracted over $1.5 billion in total value locked, covering sectors such as decentralized finance (DeFi), non-fungible tokens (NFTs), and derivatives. Recent technical partnerships with several major second-layer Bitcoin projects have strengthened its position in this sector.
With the reevaluation of the Bitcoin ecosystem's value, Bit Layer is preparing to become a vital bridge connecting traditional finance with Bitcoin decentralized finance. The "zero-knowledge" technology being developed by the company will further enhance network performance and lay the foundation for large-scale commercial applications. In this new era of expanded Bitcoin functionalities, Bit Layer is setting a new standard in the field. @BitlayerLabs #bitlayer #Bitlayar