In the blockchain ecosystem, Bitcoin is the unshakeable 'base settlement layer', its security is beyond doubt, but its programmability is almost zero. This disconnection has kept the trillion-dollar Bitcoin asset in a long-term 'sleeping' state.
Bitlayer's entry point is: how to provide liquidity and scalability to Bitcoin without sacrificing its security. It adopts the BitVM paradigm, combining optimistic verification and challenge mechanisms to achieve a 'minimal trust' cross-chain model. In other words, users don't need to rely on the honesty of the majority of nodes, only one multi-signature party needs to follow the rules, and the cross-chain BTC can be returned safely. After cross-chain, YBTC is no longer just a certificate of stored value, but can be directly used for payments, staking, and trading in the DeFi ecosystem.
This is not just a technical experiment, but a reconstruction of financial structure. In just a few months, Bitlayer's TVL has surpassed $500 million, gaining support from multiple public chains and top institutions. More importantly, the native Bitcoin Rollup to be launched in 2025 will achieve complete EVM compatibility, allowing BTC to truly become globally programmable capital.
Bitlayer is not just expanding Bitcoin, but opening a highway for capital flow for it.
