Bitlayer is an important project dedicated to innovating the Bitcoin ecosystem in the field of digital currency. As a Bitcoin Layer 2 solution, it aims to break through the limitations of Bitcoin in scalability and programmability while retaining its strong security.

Bitlayer is built on the innovative BitVM paradigm, achieving Turing-complete programmability, which means that developers can create complex smart contracts and decentralized applications on the Bitcoin network, something that was difficult to achieve within Bitcoin's native framework. It also possesses compatibility with the Ethereum Virtual Machine (EVM), allowing developers from the Ethereum ecosystem to easily migrate applications to Bitlayer, significantly broadening the application scenarios.

In terms of cross-chain capabilities, Bitlayer has achieved remarkable results. It has established the BitVM bridge through partnerships with several mainstream blockchains such as Base, Starknet, and Arbitrum, enabling asset interoperability between Bitcoin and other ecosystems, allowing the trillion-dollar liquidity of Bitcoin to be released across multiple chains. Furthermore, its upcoming V2 version is highly anticipated, bringing new features such as native Bitcoin security inheritance, modular design, and flexible data availability options. The native token BTR is crucial in the ecosystem, used to incentivize ecosystem participants and support network governance. Bitlayer is leading the Bitcoin ecosystem to new heights, injecting strong momentum into the innovative development of digital currency. @BitlayerLabs #Bitlayer