Bitlayer: The Innovative Force in the Bitcoin Ecosystem
In the ongoing evolution of the Bitcoin ecosystem, Bitlayer stands out as a highly anticipated innovative project. @BitlayerLabs , as the first Bitcoin Layer 2 based on the BitVM paradigm, brings unprecedented changes to the Bitcoin ecosystem.
Bitlayer's technological innovations are remarkable. By adopting the latest BitVM computing paradigm and OP-DLC bridge, it establishes a dual-channel bi-directional locked asset bridge, achieving security equivalent to the first layer of Bitcoin, and addressing core issues faced by the second layer, such as trustless bi-directional anchoring, first layer verification, and Turing completeness. At the same time, it incorporates zero-knowledge proofs (ZKP) and optimistic verification (OP) mechanisms, supporting a wide range of computational tasks, and is 100% compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily develop applications using existing tools.
Since its launch, Bitlayer has shown strong momentum in growth. The mainnet TVL quickly surpassed $500 million, with over 1 million active on-chain transactions, attracting nearly a hundred ecological projects covering various fields such as DEX, lending, and NFT Marketplace. To promote ecological development, Bitlayer has launched a series of incentive programs, such as distributing $50 million worth of public chain token rewards, attracting more project parties and developers to participate.
#Bitlayer is reshaping the Bitcoin ecosystem; what surprises will it bring in the future? Let's wait and see!
