Old players are crying 🤣 There was Bitlayer long ago, where did all these troubles with Bitcoin come from?

Old players in the crypto world have probably encountered these annoying issues: wanting to earn some returns on Bitcoin, they either have to transfer coins to some unknown small platform, living in fear; wanting to perform cross-chain operations, just the transaction fees eat up a lot of profits, and the transfer is as slow as a snail. Watching the colorful DeFi plays on other chains, their Bitcoin feels like it's tied up, leaving them helpless.

But the emergence of Bitlayer seems to be specifically aimed at solving these problems.

First, let's talk about the pain points of cross-chain. In the past, cross-chain was like navigating a maze; every time you passed a node, you had to pay a 'toll,' while worrying about potential issues in between. Bitlayer's BitVM cross-chain bridge has directly dismantled the maze, paving a straight path with cryptographic proofs, eliminating the need to pay anyone 'kickbacks.' Assets can safely reach their destination on their own. When I tested it a while ago, transferring from the Bitcoin main chain to another public chain took only a few tens of seconds, and the transaction fee was less than the cost of a cup of milk tea.

Now, let's talk about the issue of Bitcoin 'lying flat.' YBTC is practically tailor-made for idle cash; there’s no need to switch platforms or perform complex operations. By converting Bitcoin into YBTC, it automatically enters the earnings pool. The sources of earnings are clear: transaction fees and aggregate rewards within the ecosystem, automatically credited daily, and can be checked on-chain at any time, eliminating fears of 'manipulation' by the platform.

As for the throughput issue, high-throughput aggregation technology has essentially unshackled Bitcoin. In the past, processing a few transactions per second was already exhausting; now with this technology, thousands of transactions can run simultaneously without breaking a sweat. Whether for high-frequency trading or complex DeFi applications, it can be stably supported in the future.

In the end, Bitlayer hasn't performed any 'major surgery' on Bitcoin; it simply solved its awkwardness of 'wanting to do things but lacking tools.' If you have been troubled by these issues, you should really take a good look at Bitlayer's approach. It’s not about switching to a new track but about running more smoothly on a familiar track.

👉 What problem with Bitcoin is most troubling for everyone? Is it the hassle of cross-chain or the difficulty of earning returns? Let me know in the comments, and let's see if Bitlayer's solution is powerful enough 💯#Bitlayer @BitlayerLabs