BitLayer: meaning and essence of its cryptocurrency
BitLayer presents itself as an innovation within the blockchain ecosystem, whose purpose is to offer an additional layer of scalability and efficiency for digital transactions. Its name combines the idea of “bit,” associated with digital information and cryptocurrencies, with “layer,” which refers to the technological layers that are added on top of existing blockchains.
The cryptocurrency of BitLayer plays a fundamental role in this system, as it acts as a means of exchange and reward within the network. It incentivizes participation, pays commissions, and ensures the decentralization of the project. Essentially, BitLayer seeks to improve speed, reduce costs, and expand the reach of the crypto world, establishing itself as a solid alternative for users and investors interested in new digital solutions.
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