440M in longs wiped out Volatility rules, crypto rewards pat | Nadyisom on Binance Square

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440M in longs wiped outVolatility rules, crypto rewards patience, punishes overleveraged bets.

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Why Bitlayer Could Be the Most Important Layer 2 for Bitcoin Bitcoin has long been praised as the most secure blockchain but it hasn’t exactly been programmable. While Ethereum exploded with smart contracts DeFi and dApps Bitcoin remained on the sidelines as digital gold but that’s changing fast. Bitlayer a next generation Layer 2 protocol for Bitcoin that combines the security of Bitcoin with the programmability of Ethereum It’s fully EVM compatible, highly scalable, and aims to bring decentralized applications and smart contracts into the Bitcoin ecosystem. What is Bitlayer? Bitlayer is a Bitcoin (L2) solution designed to: Enable Soliditybased smart contract Deliver scalability via optimistic rollups Use BitVM to validate transactions securely on Bitcoin Support Ethereum tools like MetaMask Hardhat etc. Why It Matters 1. Bridges Ethereums Flexibility With Bitcoins Security Developers no longer have to choose between Ethereum’s dApp ecosystem and Bitcoin’s base-layer trust. Bitlayer provides both. 2. DeFi on Bitcoin is Now Possible For the first time lending protocols, DEXs yield farming and even NFTs can run natively on a Bitcoin secured L2. 3. Scalability That Matters Bitlayer’s roadmap targets 20,000+ TPS and 3-second block times on a network that settles to Bitcoin. 4. Strong Backing and Ecosystem Momentum With funding from Franklin Templeton, Polychain etc and active development since early 2024, Bitlayer isnt just theoreticalits real, tested, and growing fast What to Remember As the crypto industry matures infrastructure that bridges ecosystems will win. Bitlayer is doing exactly that bringing the world’s most trusted blockchain into the programmable decentralized future. building on or investing in Layer 2s Bitlayer should be on your radar. #Bitlayer @BitlayerLabs

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scalp probably nothing

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