Bitcoin is like a massive glacier, storing a huge amount of water (value), yet remaining still for a long time. Its security and stability are irreplaceable, but the problem is that if the water does not flow, it cannot nurture a new ecosystem.
The role of Bitlayer is like carving a stable water channel beneath the glacier. It is designed based on the BitVM paradigm, ensuring that only one honest validator is needed to safely allow the 'glacier meltwater' to flow out, forming YBTC after cross-chain. Thus, the dormant water source finally merges into the great river, flowing into farmlands (staking), cities (payments), and financial markets (lending and derivatives).
This flow brings vitality. In just a few months, Bitlayer has aggregated over 500 million dollars in capital flow, becoming the most active waterway hub in the BTCFi ecosystem. As the native Bitcoin Rollup and EVM compatibility progress, this water flow will further lead to more tributaries, forming a vast financial network.
The value of Bitlayer is not just to get the water flowing, but to allow Bitcoin to truly have the capability to nourish the ecosystem and drive the economy.
