Everyone knows that Bitcoin is the hardest asset in the entire crypto world, safe and scarce, like 'digital gold.' But the problem is, it's too 'quiet'—it can only be stored and hardly circulates in financial applications. It's like having a large sum of money locked in a safe; it feels secure, but it's difficult to generate income from it.
The emergence of Bitlayer perfectly addresses this issue. It is designed based on the BitVM paradigm with a cross-chain mechanism that ensures the safety of funds across chains with just one honest validator. In other words, it is not only reliable but also efficient. Through Bitlayer, BTC can be transformed into YBTC, directly entering the DeFi world to participate in staking, lending, payments, and even derivatives. This way, Bitcoin transforms from a 'dead asset' into 'active capital.'
More importantly, Bitlayer does not stop at cross-chain. It is advancing native Bitcoin Rollup and plans to achieve EVM compatibility, meaning that in the future, BTC will not only flow but also connect to Ethereum-like application ecosystems, offering richer gameplay.
In just a few months, Bitlayer's TVL has surpassed 500 million USD, with mining pools, institutions, and developers joining in. It can be said that Bitlayer is upgrading Bitcoin from 'digital gold' to a true financial engine.
