#bitlayer #Binance
Bitlayer is a next-generation Bitcoin Layer 2 network designed to bring smart contract capabilities to Bitcoin using BitVM technology. It offers full EVM (Ethereum Virtual Machine) compatibility, enabling Ethereum-based dApps and contracts to run while benefiting from Bitcoin’s security. Bitlayer works like an Optimistic Rollup, processing transactions off-chain for faster speed and lower fees before settling them on the Bitcoin network. With innovations like OP-DLC for trustless bridging, Bitlayer creates a seamless link between chains. This makes Bitcoin programmable and opens opportunities in DeFi, NFTs, gaming, and Web3, bridging the gap between Bitcoin’s reliability and Ethereum’s flexibility.