"Have you ever thought about whether Bitcoin's 'digital gold' status can perfectly coexist with the 'programmable future' of smart contracts? The answer given by Bitlayer is redefining the possibilities of the blockchain world."
As the first EVM-compatible Layer 2 Rollup solution for Bitcoin, Bitlayer's breakthrough lies in deeply integrating Bitcoin's security (with a total network hash rate exceeding 600 EH/s) with Ethereum's programmability (supporting Solidity development). Its core technology architecture adopts the BitVM paradigm, using a recursive proof mechanism to compress Layer 2 transaction data before writing it to Bitcoin blocks, achieving security equivalent to the main chain. This design allows Bitlayer to inherit Bitcoin's censorship-resistant properties while supporting complex scenarios such as DeFi, NFTs, and cross-chain asset management; for example, users can bridge native BTC through the BitVM bridge to Arbitrum for liquidity mining without trusting third-party custodians.
Dual innovation in technology breakthroughs and economic models
Bitlayer's three-phase evolution roadmap showcases a clear path of technological iteration:
• Phase One (PoS Consensus, April 2024): Achieving cross-chain interoperability between Bitcoin and EVM chains, with early users enjoying ultra-low gas fees (single transaction cost < $0.01);
• Phase Two (BitVM Rollup, Q2 2025): Increasing transaction throughput to 5,000 TPS through fraud proof mechanisms, while introducing decentralized governance, allowing BTR token holders to participate in protocol upgrade voting;
• Phase Three (20,000 TPS, Q4 2025): Adopting dynamic sharding technology, reducing transaction confirmation time to 3 seconds, supporting enterprise-level application deployment.
The BTR token serves as the core of the ecosystem, with a total issuance of 1 billion tokens, featuring governance, staking, and ecological incentive functions. Users holding BTR can not only participate in node elections (expected annual staking yield of 8-12%), but also obtain excess returns through combinations like 'liquidity mining + NFT staking'. For example, in the Booster event in collaboration with Binance, users can share 30 million BTR (accounting for 3% of the total) by completing cross-chain interactions.
Strategic layout of institutional endorsement and ecological expansion
Bitlayer has secured $25 million in funding from leading institutions such as Polychain Capital and Franklin Templeton, and has reached strategic cooperation with three major mining pools (Antpool, F2Pool, SpiderPool) that account for over one-third of Bitcoin's total hash rate, ensuring rapid packaging of non-standard transactions. Its ecological landscape is accelerating expansion:
• DeFi Field: Collaborating with protocols like Uniswap and Aave to promote YBTC (Bitlayer anchored to Bitcoin) as a cross-chain liquidity hub;
• NFTs and the Metaverse: Supporting the issuance of ERC-721 assets on the Bitcoin network, with the Anome platform's NFT lending protocol achieving over $20 million in TVL;
• Integration with Traditional Finance: Collaborating with Franklin to issue Bitcoin interest products, exploring institutional-level asset management solutions.
