Are you ready to "program" Bitcoin? Bitlayer is embarking on this wonderful journey!
Imagine transforming Bitcoin into a super chain that not only stores value but also runs smart contracts—this is the change that Bitlayer (BTR) is bringing about!
Bitlayer is the first Bitcoin Layer-2 Rollup solution built on BitVM, compatible with EVM, combining Bitcoin's unparalleled security with Ethereum's smart contract capabilities, allowing developers to seamlessly deploy dApps, DeFi protocols, and NFT projects on the Bitcoin network using familiar tools like Solidity and MetaMask.
BTR is the native governance and incentive token of the Bitlayer ecosystem, with a total supply of 1 billion tokens. It is not only used for ecosystem incentives but also grants holders proposal and voting rights, ensuring community autonomy and control over development directions.
The project has completed its first PoS phase and EVM compatibility implementation. The next BitVM Rollup phase will start in the first half of 2025, enhancing trust minimization and security by directly validating Layer-2 states on the Bitcoin network. The ultimate goal is to achieve up to 20,000 TPS and 3 seconds confirmation speed by Q4 2025.
Meanwhile, Bitlayer has partnered with multiple public chains (such as Sui, Starknet, Arbitrum, Avalanche, Cardano, etc.) to achieve cross-chain interoperability through the BitVM Bridge, significantly enhancing asset liquidity and bridging capabilities.
All of this means that Bitlayer is leading a programmable revolution in the Bitcoin ecosystem, bringing DeFi and smart contracts to life on the Bitcoin network. If you are a developer, DeFi enthusiast, or crypto innovator, BTR is your key to participating in this transformation.
