🔍 The Bitlayer project is considered the first Layer-2 on the Bitcoin network, aiming to open the door to smart contracts and DeFi on the strongest blockchain in the world. With the launch of Mainnet-V1 in April 2024 and raising over $25 million in funding, the platform has started to attract the attention of investors and developers.
However, despite this success, bridges like BitVM Bridge still need to prove their security in real-world tests. The development is promising, but caution is required.
✨ Do you think that @BitlayerLabs can really make a qualitative leap for Bitcoin and make it a key player in DeFi?
