Bitlayer: A Technological Pioneer Reshaping the Bitcoin Ecosystem
In the wave of blockchain development, Bitcoin, as a pioneer, holds a solid position as a store of value but faces challenges such as scalability bottlenecks, lack of smart contract functionality, and isolated cross-chain assets. Bitlayer was born to break these deadlocks and become a key force in the transformation of the Bitcoin ecosystem.
Based on the innovative BitVM technology, Bitlayer has built a Bitcoin Layer 2 solution. It innovatively introduces an optimistic execution mechanism, increasing TPS to over 5000 and significantly reducing on-chain storage costs. Its dual-channel cross-chain bridge design balances institutional-level security requirements with retail user liquidity. Through multi-proof challenge games, integrating ZK - SNARK and ZK - STARK, it ensures transaction security while achieving a system throughput of 8000 TPS and verification latency of less than 2 seconds.
In terms of practical applications, Bitlayer has reached strategic partnerships with several leading blockchains, such as Base and Starknet, successfully bridging Bitcoin with a multi-chain ecosystem, releasing liquidity worth over a trillion dollars in Bitcoin market value, and creating more DeFi opportunities for users. At the same time, the integration with Chainlink CCIP provides developers with the possibility to build rich cross-chain applications. Currently, the Bitlayer platform has locked in a total value of over $550 million, supports more than 300 real-time projects, and serves over 700,000 community members, with an average daily transaction volume exceeding 150,000, fully demonstrating its influence and development potential within the Bitcoin ecosystem. #Bitlayer @BitlayerLabs