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What is Bitlayer? (The "What") In simple terms, **Bitlayer is a Layer 2 (L2) blockchain built on top of Bitcoin.** Its main goal is to solve Bitcoin's biggest limitations: **slow transaction speeds (low TPS) and high fees**, while enabling it to do what Ethereum does—run complex decentralized applications (dApps) like DeFi protocols, NFT marketplaces, and more, all **without compromising Bitcoin's legendary security.** Think of it as giving Bitcoin a super-powered engine and a new set of tools, all while keeping its original, ultra-secure foundation. @BitlayerLabs #Bitlayer

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