Bitlayer is a Layer 2 solution for Bitcoin, based on BitVM technology, aimed at enhancing scalability and programmability for Bitcoin while maintaining security and decentralization. The project supports Turing-complete smart contracts, compatible with EVM, allowing developers to easily migrate applications from Ethereum. Bitlayer offers fast transactions, low costs, and a trustless bridge to transfer assets between Bitcoin and other blockchains, promoting DeFi and decentralized applications on Bitcoin. @BitlayerLabs #bitlayer
