@BitlayerLabs #bitlayer

Bitlayer is built on the native security architecture of Bitcoin and is currently establishing a trust-minimized BitVM bridge, yield-generating asset YBTC, and high-throughput Bitcoin aggregation—bringing true utility, speed, and composability to Bitcoin while creating a complete DeFi infrastructure for the Bitcoin ecosystem.

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

In other words, Bitlayer's design concept is based on BitVM, DLC/LN (Discrete Log Contracts / Lightning Network) technology protocols, and multiple VMs (including EVM, Ethereum Virtual Machine), with the goal of addressing security and Turing completeness of Bitcoin's Layer 2 technology.