We all know that Bitcoin is secure and stable, but the most troublesome aspect is—it's too 'pure', almost ignorant of smart contracts. Want to do DeFi on it? It’s almost like bowing down to the ground. For example, if you want to lend BTC, trade, or create contracts, you have to first send it to other chains. This process is cumbersome and increases risk.
Bitlayer allows BTC to avoid the 'awkwardness of having to go far to play' and directly facilitates 'DeFi commuting.' It’s like equipping Bitcoin with an 'intelligent chip,' allowing it to drive (execute smart contracts) without leaving its own vault.
In layman's terms: Bitlayer is L2 + smart brain on BTC.
It is a Bitcoin Layer 2 protocol, with a technical framework of BitVM + ZK technology + Layered Virtual Machine (LVM). In simple terms, it’s 'adding an EVM-compatible chassis to Bitcoin, enabling it to run smart contracts.'
Bitlayer can inherit Bitcoin's security endorsement and achieve super-fast execution of complex contracts, while also rolling back states to validate on the BTC main chain, ensuring security without compromise.
It supports interoperability with EVM chains, allowing one set of code to run on Ethereum and Bitcoin chains, saving development time and enabling asset transfers.
Why is Bitlayer not just a 'tech show,' but is actually engaging in DeFi practice?
1. BitVM Bridge + OP-DLC Bridge: It has its own channel with BTC + an entry channel for DeFi, creating a 'reliable two-way circulation' (no need for multi-signature bridges).
2. TVL + activity level are already online:
After going online for six months, TVL exceeded $550 million;
Supported over 300 projects, with community users exceeding 700,000, and substantial daily trading performance, reflecting its vibrant implementation.
3. Community + dual funding subsidies: Just completed a $5 million community sale, enough for a group of people to participate, with support being intuitive and enthusiastic. Total financing is approaching $30 million. Is the community nurturing it, or is the community being supported by everyone's ecosystem? You get it~
Bitlayer's 'down-to-earth interpretation' is easier than sipping your milk tea.
It’s like equipping Bitcoin with an 'intelligent cargo hold' + 'vehicle interface', maintaining its shielding and value temperature while granting it the flexibility of decentralized finance. The roadmap consists of these few actions:
Do you want to play GameFi on BTC? Just go online on Bitlayer.
To engage in DeFi, just write Solidity, and a set of deployment codes will work seamlessly.
Want to cross-chain? Bitlayer's bridge helps pull BTC into the DeFi scene, so you no longer envy the fun of having ETH.
A small matter? No! The future is promising!
Bitlayer is one of the few 'truly functional and grounded L2s' in the current BTC ecosystem. It’s not like those who just hype up a white paper but genuinely combines smart contracts with secure anchoring to make BTC truly 'move.'
Do you want to do DeFi, create chain games, cross-chain, or use BTC more freely? Stop relying on external links or others’ LPs; you need to carve out a niche in the Bitcoin ecosystem. Bitlayer is this 'fast lane that may lead to the future.'
Summarize it in one sentence
Bitlayer provides Bitcoin with a 'multifunctional chassis': wallet security guaranteed, contracts can be deployed freely, assets can be easily cross-chain, and DeFi gameplay is straightforward.
