The development bottlenecks of the Bitcoin ecosystem have always been cross-chain security and application scalability, and #Bitlayer is solving these two issues all at once. The BitVM Bridge and Bitlayer Network launched by @BitlayerLabs are the technical foundations for the new era of BTCFi.

The BitVM Bridge adopts a trust-minimized architecture and challenge verification mechanism to ensure security and transparency during BTC cross-chain operations, and has already been deployed on the mainnet. The Bitlayer Network is a high-performance Bitcoin Rollup that is EVM compatible and has extremely low latency, allowing the BTC ecosystem to have the operating conditions for real-time DeFi for the first time. #Bitlayer not only brings BTC into the financial world but also enables it to operate efficiently within it.

The partner lineup of @BitlayerLabs is equally strong: Layer 1s such as Sui, Base, Arbitrum, and Cardano, as well as large mining pools like Antpool, F2Pool, and SpiderPool, have all brought strong liquidity and computing power resources to #Bitlayer . This resource layout will drive explosive growth in BTCFi.

In terms of capital, #Bitlayer has completed $25 million in institutional financing, led by top institutions such as Polychain Capital, Franklin Templeton, and Framework Ventures. Currently, the 'Booster' activity is ongoing in collaboration with Binance Wallet, and @BitlayerLabs invites users to participate in the second phase, where they not only have the chance to obtain BTR tokens but also to seize the ecological advantage ahead of the Pre-TGE.