Hey folks! Just caught some big moves from Bitlayer—a Bitcoin Layer‑2 project that’s unlocking the programmability of Bitcoin without compromising its core security. It’s a silent titan in the making @BitlayerLabs
Bitlayer 101: What’s the Deal?
Turing-Complete on Bitcoin
Bitlayer merges the power of BitVM with ZK and optimistic rollup tech to enable smart contracts, DeFi, NFTs, and more—all secured by Bitcoin’s mainnet. It’s a game-changer for Bitcoin’s utility.Real-World Moves: Smart Contract Bridge Live
The BitVM smart contract bridge is now live on mainnet. Holders can deposit BTC, get pegged YBTC, and use it across other chains—trust-minimized and seamless. #BitlayerMassive Backing & Scale
Bitlayer just raised $5 million via public token sale, bringing total funding to ~$30 million, including big names like Franklin Templeton and Framework Ventures. It’s already powering over 300 Bitcoin-based projects with ~$550 million in TVL.EVM Compatibility & Bridges
Bitlayer is EVM-friendly, with a fast execution layer and a trust-minimized bridge that syncs BTC assets with chains like Base, Arbitrum, and Sui. @BitlayerLabs #Bitlayer