#Bitlayer
*What is (Bitlayer) in the world of cryptocurrency?
Bitlayer is a second-layer (L2) solution dedicated to the Bitcoin network, and it is the first Rollup system specifically designed to expand Bitcoin's capabilities while maintaining the highest levels of security that distinguish it. Bitlayer combines the security of Bitcoin$BTC
with the flexible programming capabilities of the Ethereum network (EVM), enabling developers to build decentralized applications (dApps) and complex smart contracts on a layer built directly on top of Bitcoin
*How it works:
- It uses advanced technologies like BitVM and zero-knowledge proofs (ZK Proofs) to transfer and process transactions off the main Bitcoin chain, then records them on the base chain to ensure security.
- Bitlayer does not change the original Bitcoin protocol but operates as a computational layer that adds programmability and speed without compromising the security of the parent network.
*Features:
- Inherited security from Bitcoin: All operations in Bitlayer are based on the security of the Bitcoin network, making it one of the most secure L2 solutions.
- Compatibility with EVM: It supports the Ethereum Virtual Machine (EVM), allowing developers to use familiar programming languages like Solidity.
- Cross-network bridge: It enables seamless asset transfers between Bitcoin, EVM-compatible networks, and other networks through a bridge known as Flash Bridge.
Note
The information above has been researched and summarized by artificial intelligence and does not constitute investment advice.
