#Bitlayer
Bitlayer is revolutionizing Bitcoin by introducing the first Layer 2 solution empowered by BitVM technology, bringing scalability, speed, and programmability to the Bitcoin ecosystem. Bitlayer enables trustless two-way asset bridges, Turing-complete smart contracts, and full EVM compatibility, paving the way for advanced financial applications and decentralized services on Bitcoin. The protocol boasts $550M+ in total value locked, supports 300+ Bitcoin-based projects, and serves over 700,000 users globally. Key innovations include the Bitlayer Bridge for cross-network asset transfers and the Bitlayer DApp Center, which offers developers access to exclusive airdrop events and community rewards.
Recently, Bitlayer launched the "Ready Player One" ecosystem event on BN Square, allocating $50M in public chain tokens to incentivize builders and project teams. More than 800 projects have joined, with community voting and popularity points determining airdrop and development grant allocations. The platform continues to set new standards for Bitcoin scalability and DeFi infrastructure, giving developers the tools to build complex apps while ensuring Bitcoin-level security and decentralization.