What is Bitlayer? A tool that perfectly balances ‘security + flexibility’ for Bitcoin
In simple terms, Bitlayer is a ‘super plugin’ in the Bitcoin ecosystem, and it does three major things:
1. Security? Pure Bitcoin!
Bitlayer shares the same foundation with the Bitcoin mainnet — it directly uses Bitcoin’s security mechanisms (global nodes record transactions together, and data can never be altered), so your assets and transactions are as reliable as those on the Bitcoin mainnet! Want to hack? No chance!
2. Smart contracts? Now we can do it!
Previously, the Bitcoin mainnet was like an ‘old-fashioned calculator,’ only capable of transferring funds. But Bitlayer has equipped it with a ‘smart chip’ — supporting Turing-complete programming (which means you can write complex code, develop decentralized applications (DApps), and smart contracts). In the future, doing DeFi (lending, trading), NFTs, and the like on Bitcoin won’t be a dream!
3. Scalability? Rollup architecture to the rescue!
Is the Bitcoin mainnet slow and expensive for processing transactions? Bitlayer uses Rollup technology (packaging multiple transactions for processing and then uploading them to the mainnet), making it fast and low-cost, easily supporting more users! What’s even better is that Bitlayer is also compatible with Ethereum’s virtual machine (EVM) — you can directly move the DApps you previously developed on Ethereum to Bitlayer with almost no changes to the code! It’s like getting a new car, only to find that the steering wheel, accelerator, and brake are exactly the same as your old car, making it easy to drive right away!