Bitlayer: Powering Bitcoin’s Next Frontier
What is Bitlayer?
Bitlayer is a groundbreaking Bitcoin Layer 2 built on the BitVM paradigm—the first Turing-complete, Bitcoin-secured Layer 2. It combines Bitcoin’s unmatched security with the flexibility of smart contracts, giving developers the power to build Ethereum-style applications directly on Bitcoin.
Why It Matters
• Bitcoin-Level Security + Smart Contracts: Deploy advanced dApps while relying on Bitcoin’s proven consensus.
• Scalability & Speed: Targeting up to 20,000 TPS and 3-second confirmations by late 2025.
Growing the Community — “Ready Player One” Program
Bitlayer’s $50M incentive program invites developers to launch projects on mainnet, offering rewards, community voting, leaderboards, and accelerator support.
By May 2024, over 800 projects had joined—spanning DeFi, NFTs, infrastructure, GameFi, SocialFi, wallets, and more. Top projects can earn up to $3M each, fueling rapid ecosystem growth.