#Bitlayer 1. It's not just technical development. It's the idea that says: 'Why restrict Bitcoin when we can make it smarter, faster, and deeper?' It's the first model of Layer-2 on Bitcoin based on BitVM that provides the network's security and smart software flexibility at once.
2. Core innovation
Bitlayer is designed to add a layer of intelligence (Turing-complete) on top of Bitcoin, without significant changes to the original protocol. Enabling smart contracts is now possible through:
BitVM: A smart execution environment that operates without a fork for Bitcoin, relying on off-chain cryptographic proofs.
LVM (Layered Virtual Machine): Supports all known tools from Ethereum, up to Solidity version 0.8.23, making it easier to transfer contracts directly.
3. How do things work?
Bitlayer adopts a hybrid model that combines:
Optimistic Rollup: Assumes transaction validity until challenged.
Zero-Knowledge Proofs: Provided when needed to prove the validity of the transaction.
It starts with a Sequencer that arranges transactions, then comes the Prover to provide proofs, and the Challenger to monitor any anomalies.
4. Trustless Bridge
The bridge between Bitcoin and Bitlayer is one of the system's most distinctive features:
BitVM and OP-DLC are used to secure transfers (pegin/pegout) with high confidence.
Supports secure interaction between the two networks through challenge/response protocols to ensure integrity.
5. Ambitious future steps
Journey stages as announced:
V1 – PoS Mainnet: Launched in April 2024, paving the way for programming and experimental work.
V2 – Rollup + BitVM Bridge: Currently being implemented, aiming for full security and practical intelligence.
Exciting campaigns like Ready Player One and Lucky Helmet Airdrop to incentivize developers and users with rewards, points, and more.
6. Strategic alliances enhance strength
Bitlayer does not walk alone:
Partnerships signed with prominent networks such as Base, Arbitrum, Starknet, Sonic, and Plume, aiming to unlock massive liquidity for Bitcoin in multiple DeFi systems.
7. Why is it so unique?
Feature: Distinction
Bitcoin security benefits from the original network's security without sacrifices.
Smart intelligence allows for integrated contracts, DeFi, and dApps.
Full compatibility accepts tools, EVM wallets, and pre-made smart contracts.
Direct enhancements without a replica (fork), and scalable smoothly.
Global liquidity thanks to bridges and multi-network integration.
