#Bitlayer is a Bitcoin Layer 2 solution that aims to unlock the full potential of the Bitcoin blockchain. Unlike many other scaling solutions, it leverages BitVM technology to bring smart contract functionality and enhanced programmability to Bitcoin while inheriting its native security. By using a trust-minimized bridge and a rollup architecture, Bitlayer allows for fast, low-cost transactions and the deployment of decentralized applications (dApps) on Bitcoin. The project's goal is to become the foundational infrastructure for a fully decentralized Bitcoin DeFi (BTCFi) ecosystem, turning Bitcoin from a mere store of value into a versatile and dynamic financial network.
