BitVM Bridge Mainnet Launch, Brothers Charge Ahead
Back in the day, Bitcoin really relied on the Lightning Network to get moving, now Bitlayer has launched the BitVM Bridge on the mainnet — it is the third-generation bridge (not relying on intermediaries or multi-signatures), locking BTC into a BitVM smart contract and then transferring 1:1 YBTC to other chains. The most reliable design? As long as there is one honest person, they can report misconduct, making it N times safer than centralized bridges.
Quote: The BitVM Bridge mainnet has been launched, providing a trust-minimized Bitcoin DeFi framework.
Rollup + BitVM: Equipping Bitcoin with an Engine
Bitlayer is not just a bridge, they are doing even more: they are building an EVM compatible, Turing-complete L2 with BitVM + smart Rollup, using Bitcoin’s POW for secure anchoring, allowing sub-chain states to roll back to the BTC mainchain.
The technical white paper states that they have implemented a "recursive validation protocol," ensuring L2 states reliably sink into the Bitcoin mainnet, and combined with a fast PoS consensus mechanism, achieving sub-second confirmation experiences.
Quote: The "Bitlayer Technical White Paper" introduces: Turing-complete execution layer + recursive Bitcoin settlement protocol + PoS quick confirmation.
Technical Dividends: Speed, Security, and One-stop Cross-chain
Speed: Quick confirmation on L2 greatly enhances the experience for ordinary DeFi users;
Security: All states eventually revert back to Bitcoin, providing peace of mind for believers;
Cross-chain Capability: YBTC is already integrated with multiple ecosystems including Sui, Base, Arbitrum, etc.
Quote: Bitlayer advances integration with Sui, Base, Arbitrum, aiming to circulate YBTC across major DeFi chains.
Market Response: Fundraising + TVL Observing the Atmosphere
Bitlayer’s CoinList public offering created a buzz, over-subscribed by more than 50%, with fundraising exceeding 6 million USD — this indicates that the community's eyes are sharp. The news also mentioned that Bitlayer received the endorsement of Franklin Templeton. Currently, there are also several hundred million USD in TVL locked on-chain.
In summary: Bitlayer is enabling programming for Bitcoin — locking BTC to exchange for YBTC to bring it into multi-chain DeFi, while the state will still be sent back to the main chain for secure validation. If this solidifies, it could become the "infrastructure base level" for Bitcoin DeFi in the future.
