Bitcoin has always been a symbol of security and decentralization, but its potential in decentralized finance (DeFi) has been limited by network constraints. Bitlayer is changing that. As a Layer 2 protocol built on Bitcoin, it introduces the Bitcoin Virtual Machine (BitVM), enabling Turing-complete smart contracts and opening the door for sophisticated dApps directly on Bitcoin.
Core Technologies
BitVM: The virtual machine allows developers to run complex computations on Bitcoin, far beyond the capabilities of standard Bitcoin scripts. This empowers the creation of advanced DeFi solutions, lending platforms, and decentralized exchanges.
Zero-Knowledge Proofs: Bitlayer integrates ZK proofs for enhanced privacy and scalability, enabling transactions to be validated without exposing sensitive user information.
Recursive Verification: Layer 2 state transitions are continuously settled on Bitcoin’s mainnet, anchoring security directly to Bitcoin’s proof-of-work consensus.
Ecosystem Growth
Since launch, Bitlayer has attracted developers building yield farms, trading platforms, and other DeFi applications on its network.
Tokenomics & Incentives
The native BTR token drives governance, transaction fees, and staking, giving the community an active role in protocol decisions. Grants and rewards further encourage innovation within the ecosystem.
Future Outlook
Bitlayer plans to enhance interoperability across other blockchain networks, expand its ecosystem, and continuously improve BitVM. This positions Bitlayer as a key infrastructure layer for Bitcoin-native DeFi, bridging the gap between Bitcoin’s security and modern decentralized applications.
