Clever has been paying attention to this project #Bitlayer for over a year, participating in almost all key milestones from the earliest NFT activities to the current TGE warm-up.

Today, I want to discuss from a technical architecture perspective why it can become an important infrastructure in the Bitcoin ecosystem.

The core innovation of Bitlayer lies in the implementation of BitVM, which is a key breakthrough in the Bitcoin Layer 2 space.

By combining the security of Bitcoin with high-performance smart contracts, it addresses the long-standing programmability issues of the Bitcoin network.

Specifically, its technical architecture has three highlights:

1. Trust-minimized cross-chain bridge design

Unlike traditional bridging solutions, the BitVM Bridge uses zero-knowledge proof technology to achieve asset transfer between Bitcoin and Layer 2, with security far exceeding similar solutions.

2. YBTC yield-bearing asset

This is the first native Bitcoin yield-bearing asset, allowing holders to earn returns without transferring BTC ownership, innovatively solving the liquidity issues of Bitcoin.

3. High-throughput Rollup

Using the Optimistic Rollup solution, TPS reaches 2000+, while maintaining Bitcoin-level security.

From an investment perspective, the $25 million financing from top institutions like Polychain and Framework has already proved market recognition.

As we approach TGE, several key signals are worth noting:

- Official website point system offline

- Tokenomics announced

- Exchange warm-up activities launched

- Multi-platform IDO plan

I personally believe Bitlayer is likely to become a benchmark project in the Bitcoin ecosystem, especially in the current backdrop of market recovery.

I also hold multiple project NFTs and am optimistic about its long-term development.

For friends who want to participate, I recommend keeping an eye on the official updates of @BitlayerLabs , as there should be good participation opportunities before and after TGE.