Bitlayer: Cross-Chain Advantages Unlocking the Value Channel of the Bitcoin Ecosystem
In the world of blockchain, cross-chain is the key to achieving ecological collaboration. Bitlayer's cross-chain solution acts like a solid and efficient bridge, creating a secure and efficient channel for the flow of Bitcoin assets, showcasing its unique advantages.
Bitlayer's cross-chain mechanism based on BitVM is highly innovative; it does not require centralized custody but rather uses cryptographic proofs to ensure the secure transfer of Bitcoin between the main chain and Layer 2, fundamentally eliminating asset custody risks. Its unique dual-channel design meets diverse needs, where the BitVM channel is suitable for small, high-frequency transactions, completing transfers within 5 minutes; the N/N multi-signature channel provides stricter verification for large transactions, catering to institutional-level requirements.
This powerful cross-chain capability has successfully activated the cross-ecological value of Bitcoin. Users can transfer Bitcoin to Bitlayer to participate in DeFi mining or bridge to other chains for diversified investments. Currently, the scale of Bitcoin assets flowing through this channel is increasing by 30% monthly. Bitlayer has become the core hub connecting Bitcoin with diverse application scenarios, playing an important role in the areas of DeFi, DAO, and others in blockchain, driving the continuous expansion and prosperity of the Bitcoin ecosystem.
