How does Bitlayer change the rules of the game for Bitcoin miners?

The economic model of Bitcoin is facing a profound and long-term challenge: the continuous halving of block rewards. Satoshi Nakamoto's original intention was to hope that over time, transaction fees could gradually replace block rewards as the main source of incentives for miners to maintain network security. However, if the Bitcoin network merely serves as a simple value transfer, the ceiling of its fee market is evident. This is a fundamental issue concerning the long-term future of Bitcoin.

The emergence of Bitlayer provides a compelling answer to this problem. It is not competing with the mainnet for limited block space and fees, but rather creating new GDP for the entire Bitcoin economy. A prosperous Bitlayer ecosystem means that a vast array of complex applications (DeFi, GameFi, SocialFi) will run on it, generating billions of microtransactions. The status of these transactions ultimately needs to be anchored to the Bitcoin mainnet as the final layer of security, whether through updates of state commitments or through dispute resolution challenges. Each anchoring means a demand for block space on the mainnet, thereby contributing a real and sustainable fee income to the mainnet. From this perspective, the relationship between Bitlayer and the Bitcoin mainnet is not competitive, but symbiotic. It is like a huge commercial district, bringing a continuous flow of traffic and tax revenue to the main road, ensuring that this road will still have ample motivation to be maintained and expanded for decades or even hundreds of years to come.#Bitlayer @BitlayerLabs