@BitlayerLabs BitVM Bridge——A New Standard for Bitcoin Cross-Chain
BitVM Bridge is a revolutionary Bitcoin cross-chain solution launched by #Bitlayer . It utilizes BitVM smart contracts to provide a secure and efficient mechanism that allows BTC to play a role in the DeFi ecosystem. Traditional BTC bridges often rely on centralized or semi-centralized custodians, which pose risks of single points of failure or collusion. In contrast, BitVM Bridge employs a 'trust-minimized' design that only requires one honest participant to ensure security, and ensures transaction transparency and verifiability through fraud proofs. This feature allows Bitcoin to maintain its core value while entering Layer 2 and other chains, promoting the true development of BTCFi.