📌Bitlayer: The Technical Hub Activating the Bitcoin Ecosystem!

Bitcoin, as the cornerstone of blockchain, is undoubtedly secure, but the limitations in programmability and scalability make it difficult to support complex applications. The emergence of Bitlayer is like building a technical hub for Bitcoin, preserving its secure core while expanding its diverse functionalities.

Technically, it centers around BitVM, constructing an EVM-compatible Layer 2 architecture: by using Rollup technology to compress transactions on-chain, the throughput is increased to over 5000 TPS, and costs are reduced to 1/20 of the main chain; at the same time, all operations are anchored to the Bitcoin main chain, ensuring security equivalent to native. This design allows Ethereum developers to seamlessly migrate applications and develop smart contracts on the Bitcoin network using Solidity.

On the ecological level, Bitlayer has gathered over 280 DApps, covering areas such as DeFi and NFT. The lending protocol APR based on its platform reaches 2-3 times that of Ethereum, and cross-chain functionality enables Bitcoin to participate directly in complex financial scenarios, activating its capital efficiency.

In the future, with the advancement of Rollup V2, Bitlayer will deepen its collaboration with the Bitcoin main chain, further balancing security and performance, and promoting Bitcoin's upgrade from a value storage to a programmable financial infrastructure. #Bitlayer @BitlayerLabs