Bitlayer is the first Bitcoin Layer 2 network security equivalent project based on the BitVM solution, aiming to provide security equivalent to Bitcoin and support Turing completeness, meaning it can execute any possible computation or program.

The core goal of Bitlayer is to address the trade-off between the security and Turing completeness of Bitcoin's second layer technology. Its design inspiration comes from BitVM, DLC/LN (Discrete Log Contracts / Lightning Network) technology protocols, and multiple VMs (including EVM, Ethereum Virtual Machine).

The technical team of the project has abstracted three key tasks from these inspirations:

Trustless entry and exit of first layer assets

State transitions using a Turing complete second layer virtual machine

Verification of the validity of second layer state transitions by the first layer

Its core functionality and operating principles are built around several key technical components to support more complex application scenarios, such as smart contract execution, high-throughput transaction processing, and cross-chain asset transfer.

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