Bitlayer: A Technological Pioneer Reshaping the Bitcoin Ecosystem
In the wave of blockchain development, Bitcoin, as a pioneer, although possessing a solid value storage position, faces challenges such as scalability bottlenecks, lack of smart contract functionality, and isolated cross-chain assets. Bitlayer was born to break these deadlocks and become a key force in the transformation of the Bitcoin ecosystem.
Based on the innovative BitVM technology, Bitlayer has built a Bitcoin Layer 2 solution. It innovatively introduces an optimistic execution mechanism, increasing TPS to over 5000 and significantly reducing on-chain storage costs. Its dual-channel cross-chain bridge design caters to institutional-level security needs while ensuring liquidity for retail users. Through a multi-proof challenge game that integrates ZK - SNARK and ZK - STARK, it achieves system throughput of up to 8000 TPS while ensuring transaction security, with verification delays of less than 2 seconds.
In terms of practical applications, Bitlayer has established strategic partnerships with several leading blockchains, such as Base and Starknet, successfully connecting Bitcoin with a multi-chain ecosystem, unlocking liquidity worth over a trillion dollars for Bitcoin, and creating more DeFi opportunities for users. At the same time, integration with Chainlink CCIP provides developers with the possibility to build rich cross-chain applications. Currently, the Bitlayer platform has locked in total value exceeding $550 million, supports over 300 real-time projects, serves over 700,000 community members, and has an average daily transaction volume of over 150,000, fully demonstrating its influence and development potential in the Bitcoin ecosystem. @BitlayerLabs #Bitlayer